Orion Hospitality Corporation
Based in Newport Beach, CA, Orion Corcilius is the Principal and founder of Orion Hospitality Corporation (OHC) and is responsible for the company’s worldwide business development and operations. He directly oversees all aspects of capital structuring, sourcing, financial and cash flow modeling, transactions, industry consulting, deal execution and commercial real estate development.
Mr. Corcilius initiated the firm’s operations in 1999, prior to incorporation, with a series of consulting assignments in the hospitality, lodging and sustainable destination resort industry. This subsequently led to further consulting contracts, commercial development assistance requests and capital structuring, sourcing and modeling assignments. He has played a critical role in expanding the firm’s current client list, creating parameters for development assistance and consulting assignments as well as creating the models for capitalization and cash flows in all industry sectors.
Since 1999, Mr. Corcilius has been involved with the capital structuring, financial modeling, cash flow forecasting and cost tracking for over 30 resort, mixed-use, office, retail and residential acquisition/development projects ranging in size from $5M - $585M. In addition to capital markets achievements, he has also been involved with numerous $200M+ mixed-use resort development projects, hospitality sector feasibility studies, competitive and positioning studies and due-diligence assignments. Prior to forming OHC, he was part of a team who in 1997 developed, opened and operated a cluster of three luxury resorts integrated into Universal Orlando’s 5yr., $4B expansion. Additional to a central support facility and the three $570M, full service, themed destination resorts, the team opened a subsequent South Miami Beach Hotel, New Orleans Hotel and independently, a small boutique Inn located at Napa, CA. In total, some 3,500 resort rooms from ground up.
With over 10 years of experience in hotel and resort development, openings, finance and capital transactions advisory, Orion is actively involved with mentoring students, college programs, furthering education and industry events. He is a recipient of all three Duke of Edinburgh's Awards, an international leadership in action program that rewarded his “progressive nature, leadership skills and outdoor proficiency” and a graduate from the Cornell University Hotel School where he concentrated in Strategic Management Operations, Finance and Entrepreneurship. |