Somnium Hospitality Group launches
Somnium’s strategic deployment focuses a significant portion of time on understanding the owners’ investments, which provides an intrinsic sense of how the business is operating on the ground and as it happens.
The article Somnium Hospitality Group launches first appeared in TravelDailyNews International.
Hospitality industry veteran Steven Ellingsen announce the launch of a full-service, multiple-brand approved hotel and asset management company in which he serves as president and founder, Somnium Hospitality Group. The Chicago-based venture, comprised of a diverse collection of branded hotels, full-service resorts, golf experiences, and boutique properties, is committed to providing a forward-thinking platform, transcending the conventional hotel management model.
“Somnium, which means ‘to dream’ in Latin, aims to reimagine the traditional hospitality management model. We create impactful environments and meaningful experiences where dreams unify with vision and performance,” Ellingsen said.
Somnium delivers a comprehensive platform of services, including asset strategic planning, sales and marketing, revenue management, IT technology, accounting and financial management, food and beverage, digital media, owner representation, economic modeling, and much more. These support services directly address owners’ expectations to maximize the profit and value of their investments. Somnium’s strategic deployment focuses a significant portion of time on understanding the owners’ investments, which provides an intrinsic sense of how the business is operating on the ground and as it happens. This, teamed with Somnium’s extensive knowledge of the hospitality sector, allows the firm to guide owners’ and management teams on the best strategy and actions as operations unfold at the property level.
Somnium activates a distinctly different approach to the traditional hospitality management ethos to get there. The firm refers to team members as Dream Members and posits a company culture based on embracing individuality, living passionately, and having the freedom to live your why. “It’s a deeper understanding and delivery of hospitality management, concentrated on cultivating meaningful connections where we serve one another with unity to achieve and deliver combined objective(s),” Ellingsen said.
The present collection of Somnium-managed and asset-managed hotels and resorts includes Chicago Oak Brook Hills Resort and Conference Center, Holiday Inn Fairborn, Ohio, Homewood Suites Fairborn, Ohio, Moxy Portland, Pali Hotel Seattle, Pali Hotel San Francisco, and Pali Hotel Santa Monica. Somnium, officially launched on January 1, 2024, is well-positioned and focused on expanding across the country from the current landscape.
Dan White, COO/CFO of Somnium Hospitality Group, has direct oversight, including property-based operations and finance. Dan launched his hospitality career in finance, spending over 15 years as an Area Director, where he created and led over $50M in annual revenues. In addition, Dan has spent the last ten years leading area general management for a distinct collection of management companies. Dan’s diverse background and experience contribute to an exceptional skillset focused on increasing and delivering the value of the ownership’s assets.
Steven Ellingsen, president and founder of Somnium Hospitality Group, oversees all property and asset management aspects. The Santa Barbara native quickly developed a passion for hospitality from his first position at The Ritz Carlton Hotel Company in California over 31 years ago. Throughout Steven’s career, he has operated, developed, and repositioned many assets, including some of the most high-profile properties across the U.S. Steven is known for his competitive spirit, drive, and entrepreneurial vision. He leads confidently and confidently, exhibiting a passion for exceptional operations and an unwavering focus on delivering results.
The article Somnium Hospitality Group launches first appeared in TravelDailyNews International.