Leadership Team
Offering experienced hands-on expertise to deliver financial results to our clients and Legendary Service to our guests.
Gary V. Koester
PRINCIPAL
CORPORATE, FINANCIAL, ASSET MANAGEMENT
Gary Koester is a Germantown, Tennessee resident, with wife Patricia and son Kyle. Mr. Koester joined Hospitality Investment Services in 2004 and has been involved in the hotel industry since 1992. His experience and expertise is in strategic planning, project analysis, construction management, asset management, financial management, operations, and transactions. He oversees corporate functions, development, construction, and asset management. Mr. Koester is a seasoned veteran in the hotel business, having been responsible for overseeing the family’s hotel ventures in West Memphis, AR from 1992 until it sold. His ownership and investment experience includes Hilton Hotels, Choice Hotels, Marriott Hotels, IHG Hotels, Radisson Hotels, Best Western Hotels, and independent flags. Mr. Koester previously worked for Procter & Gamble for 19 years, filling leadership roles in Manufacturing Operations, Strategic Planning, Finance, Information Systems, Customer Service & Logistics, and Total Quality implementation. His experience and expertise in strategic planning, project analysis, construction management, and transactions brings an added dimension to the company.
TIMOTHY S. RICE
PRINCIPAL
OPERATIONS & MARKETING
Tim Rice is a lifelong resident of Asheville, North Carolina, and was married in 2018 to Lori. He has one son, two daughters, two "bonus" daughters, and one granddaughter. Mr. Rice has been involved in the hospitality development and operations, ownership and investment business for over 38 years, including hotels, restaurants and resorts. As a partner in Hospitality Investment Services, Mr. Rice is responsible for the management of all Hospitality Investment Services properties. Prior to joining Hospitality Investment Services, Mr. Rice was active in general management for both resort and commercial locations, including full-service and limited-service hotels. He has been involved in the operations of Hilton Hotels, Choice Hotels, Starwood Hotels, IHG Hotels, Best Western Hotels, and one independently-owned resort hotel in the North Carolina mountains. Mr. Rice has also served as a professor in the hotel/restaurant management program at a community college in Asheville, North Carolina. His vast experience in revenue management, cost management, sales and marketing, and guest services adds tremendously to his role in operations and marketing at Hospitality Investment Services.
jeannette l. alexander
ADMINISTRATION
CORPORATE HEADQUARTERS
Jeannette Alexander was a long-time resident of Memphis, but now lives in Olive Branch, Mississippi. Jeannette has two daughters, two sons-in law, and four grandchildren. She joined Hospitality Investment Services in 2000, and is responsible for all administrative and bookkeeping functions for the management company, HR-related reporting to the partners, and coordination of health and supplemental insurance benefits for the employees. Jeannette has been in the hotel industry for over 40 years (formerly with Holiday Corporation), with experience in accounts payable, sales & marketing, contract administration, and database management.