Nish Kharod
Vice President
- 23 years of experience in the field of Hospitality Management, encompassing all phases of Hotel Project Planning, Business Development, and Project Management.
- Adept in all aspects of Operations and Financial Analysis.
- Overseeing the Operations, Revenue, and Inventory Management of the $300 million portfolios of 35+ hotels across the country, supervising a $75+ million gross annual revenue per year.
- Consistently maintaining and exceeding Average portfolio Gross Operating Profit Margins of 35% of Revenue since 2013.
- Consistently outperforming the market by maintaining RGI (Rev Par Growth Index) over 5%.
- Consistently meeting and exceeding the Guest Satisfaction Index Benchmark across the portfolio.
- Maintaining the top 20% of Trip Advisor and Brand Ranking.
Nish joined as a partner at Fine Hospitality Group in 2006. Nish’s operational excellence helped drive the growth of the company from three hotels to six hotels within the first year. The growth trajectory continued and Fine Hospitality Group currently manages over thirty‐five premium branded select-service hotels, with over $75 million in annual gross revenues with the asset valuation of over $300 million. By pursuing efficiencies and optimizing the resources at its fullest, Nish’s team has been able to maintain a portfolio‐wide average Gross Operating Margins of 35%, yielding over $2 million in net profit to its investors in the last six years. Many of the hotels within the portfolio have consistently ranked in the top 20% of TripAdvisor.com and brand Guest Satisfaction Index rankings.
Nish Kharod was born in East Africa, had his early education in India, and came to Southern California in 1997 to pursue Higher Education and his American Dream. Nish continued his education through the completion of B.S. in Computer Science from California Polytechnic University, Pomona, CA in 2003. However, instead of pursuing a career in Information Technology, he chose to pursue his passion in the Hospitality Industry.
His first opportunity to lead and manage a hotel came in 2006 when he took over as a General Manager of Quality Inn & Suites, located in the Palm Springs area. As a Resident Manager, he had an opportunity to immerse in all areas of hotel operations. Through extensive upgrading of the guest experience and instituting highly effective systems, he increased the revenue by 35% from 2004 to 2006, raising the valuation of the hotel from $3.5 million to $4.8 million when it was sold.
Nish strongly believes that the secret to succeeding in the industry is through compassion, having a servant’s heart, and through giving back to the hospitality community. He does that by serving on the boards of various associations such as Vice-Chair for Holiday Inn Express Owners Committee and Vice-Chair for Sales Task Force Committee for InterContinental Hotel Group Owners. He has also served on the Regional Advisory Board for Choice Hotels. He has been part of the panel at the Regional Hilton Owners Meeting. Nish has the missionary zeal to create value for guests, associates, and investors through owning and operating premium-branded hotels nationwide, and as Nish likes to put it, “Let’s do it the Fine Hospitality Way.”