Henderson County and Dallas, Texas native Monty Bennett is a prominent hotel mogul. His teams own, manage, and operate approximately 100 hotels around the United States through Ashford, Inc., Ashford Hospitality Trust, and Braemar Hotels and Resorts.
His portfolio of luxury residences may be traced back to the late 1960s. In the following decades, Bennett took the family firm public and developed it from six to over 130 hotels. He and his colleagues also run thirteen resorts in six states and the U.S. Virgin Islands.
Bennett is a graduate of Cornell University. The hotel magnate was one of seven children raised in Houston, Texas. He currently splits his time between Dallas, Texas, and Athens, Georgia, an hour southeast of the city he and his growing family have called home for over three decades.
Monty is the founder and chairman of Braemar Hotels & Resorts, the founder and chairman of Ashford Hospitality Trust, and the chief executive officer of Ashford, Inc.
Monty Bennett established Braemar Hotels & Resorts as an outgrowth of Ashford Hospitality Trust in 2013. Under his direction, the firm has thirteen properties. The Ritz-Carlton St. Thomas in the United States Virgin Islands and The Ritz-Carlton Lake Tahoe in Nevada County, California, are included in these assets.
Braemar Hotels & Resorts follows Bennett's five principles. These five guidelines are ethics, innovation, profitability, engagement, and endurance.
Monty started Ashford Hospitality Trust in 2003. The trust owns mostly premium, full-service hotels. Ashford Hospitality Trust was listed in 2013. The business owns about 110 properties, including The Ritz-Carlton Atlanta, W Hotel Atlanta, and Renaissance Nashville Hotel.
50+ years of hospitality experience. Bennett, the company's chairman, founder, and staff, has considerable expertise from many hotel cycles, rigorous market activity, and value-added asset management. Thus, the trust's transactions are good.
Ashford Hospitality Trust and Braemar Hotels & Resorts share five principles. It is also philanthropic. Its corporate-wide humanitarian efforts, such as Community Service Day, support the community. The company supports charitable organizations.
Ashford, Inc., another of Monty Bennett's businesses, was launched in 2014. It acts mainly as a consultant for Braemar Hotels & Resorts and Ashford Hospitality Trust. As an alternative asset management business, Ashford, Inc. focuses on offering Braemar Hotels & Resorts and Ashford Hospitality Trust worldwide asset management, investment management, and associated services.
In addition to concurrently supporting a more extensive portfolio of strategic operating businesses and others in the real estate and hospitality sectors, this company also serves a broader array of strategic operating businesses.
Under Bennett, Ashford, Inc. further benefits from a specialized Hospitality Products and Services section. The company is well-positioned to invest in hospitality-industry service providers through this creative department. Ashford, Inc. also functions as a growth accelerator for these businesses by utilizing various proprietary platforms and third-party initiatives.
In 1989, Monty graduated with distinction from Cornell University's School of Hotel Administration with a bachelor's degree in hotel administration. In addition, Monty Bennett possesses a master's in business administration from Cornell's S.C. Johnson Graduate School of Management, a famous Ivy League research university headquartered in Ithaca, New York.
He is a Cornell Hotel Society member for life.
Monty has over 30 years of expertise in virtually every facet of the hotel industry. This encompasses hotel real estate, finance, ownership, operations, development, asset management, and project management, among other highly specialized fields of expertise.
Using his decades of professional expertise, he continues to concentrate on executive-level hospitality growth, projections, economics, news, and other topics.
During his decades-long career, in addition to his positions at Braemar Hotels & Resorts, Ashford Hospitality Trust, and Ashford, Inc., Bennett has held leadership positions in several prominent industry groups. He has contributed to over one hundred charities, non-profit organizations, and other worthy causes throughout his career.
Monty has funded over 100 charities, charitable organizations, and other good causes, and Monty Bennett continues to do so. Among a tiny sampling of these are:
Alzheimer's Association,
Boy Scouts of America,
Children's Burn Foundation,
Crohn's and Colitis Foundation,
Cystic Fibrosis Foundation,
Dyslexia Foundation,
Fallen Heroes Intrepid Fund,
Feeding Kids Right,
Fighting Blindness,
Habitat for Humanity,
Leukemia and Lymphoma Society,
Melanoma Research Foundation,
Miracles for Kids,
National Brain Tumor Society,
National Kidney Foundation,
North Texas Food Bank,
Pancreatic Cancer Action Network,
Project Lyme,
Salvation Army,
St. Jude's Children's Hospital,
Teach for America,
Young Men's Service League,
Youth Achievement Foundation.
He is a lifetime supporter of civic involvement, particularly for children and educational equality. He takes particular delight in contributing to the Dallas-Fort Worth community. In addition, the renowned hotel entrepreneur has also supported Christian Union, the brother's ministry, for many years.
These pastimes and interests include physical activity, game administration, and reading. Monty Bennett also likes spending time outside with his family and friends at the Bennett family-owned ranch in East Texas. The Bennett family has owned a section of the enormous 1,500-acre ranch near Athens for three generations.