Columbia Sussex Corporation · Crestview Hills, KY United States
Company Description
Phone: 859-578-1100
Fax: 859-578-1154
View Columbia Sussex Corporation Locations On A US Map
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This link will open in a new window Columbia Sussex develops and manages more than 70 hotels and casinos in about 30 states. Its hotels operate under banners such as Hilton , Marriott , and Starwood . Its casinos are located in states such as Mississippi (Lighthouse Point), Louisiana (Amelia Belle), and Nevada (Lake Tahoe Horizon). CEO William Yung and his family own Columbia Sussex. Gaming affiliate Tropicana Entertainment filed for Chapter 11 in 2008. Columbia Sussex is not a part of the bankruptcy filing. However, the troubled Yung is losing more than $500 million from the bankruptcy, which is resulting in Tropicana canceling management-services contracts with Columbia Sussex worth more than $1 million a year. Yung founded the company in 1972. To read the full description, subscribe now.
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Key Columbia Sussex Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $1,730.0 |
| 2007 Employees | 18,250 |
Columbia Sussex Corporation Executives
3 executives listed for Columbia Sussex Corporation's Crestview Hills, KY location.
| Title | Name & Bio | Contact |
| President and CEO | William Yung | Network |
| CFO | Theodore Mitchel | Network |
| Director Development | Joe Yung | Network |
Competition
Competitive Landscape for Columbia Sussex Corporation
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Columbia Sussex Corporation Competitors
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