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Peter M. Kressaty is a global hospitality executive known for driving revenue growth, cultivating owner relations, building high-performance cultures, and leading complex luxury operations across international markets. With more than three decades of experience across branded hotel companies, independent luxury properties, consulting firms, and private hospitality, he has built a global reputation as a strategic operator and relationship-driven commercial leader. His keen focus on ownership, guest experience and service guides his exceptional ability to manage people, process, and profits.

As Chief Commercial Officer at LW Hospitality Advisors, Kressaty was responsible for driving revenue strategy, advancing service platforms, and leading geographic expansion. He spearheaded enterprise-wide commercial initiatives, cultivated owner relationships, and oversaw asset management. He also directed company and product strategy, strengthened organizational culture, and led talent acquisition efforts to support the firm’s continued growth and success.

Prior to joining LW Hospitality Advisors, Kressaty oversaw a $1.4-billion global portfolio of private luxury residences as Global Director for a family office. In that role, he directed executive leadership teams and on-property operations across multiple continents, introduced global service standards, and led major renovations and new construction development.

Earlier in his career, Kressaty held senior leadership roles across the hospitality industry, including Executive Vice President at Forbes Travel Guide, where he advised on global market positioning and guest experience across 60 countries at more than 1,600 luxury properties. He also served as Senior Vice President and co-founder of Carino Hotels & Resorts, building a client base of luxury properties across the Americas and Europe.

Kressaty’s earlier roles include Regional Vice President of Sales and Marketing at Highgate Hotels, Regional Director at Preferred Hotel Group, and various leadership positions with Hyatt Hotels Corporation and The Yale Club of New York City. He began his career in operations and sales, later serving as General Manager of the iconic Lowell Hotel in New York, where he broke all revenue records and positioned the hotel among the first three hotels in the United States to ever achieve an ADR of over $1,000.

His passion for hospitality is evident through his extensive global travel assessing and shaping relationships and the delivery of service levels at the finest and most-awarded luxury hotels and resorts, restaurants, spas, cruise lines, residences, retail, private clubs, private estates, private aviation, and concierge medicine. Most notably, he had the distinct honor of leading training and service standards for The White House and Camp David. His extensive experience has given him rare exposure to a great variety of best practices across cultures, governments, suppliers, and talent. His success is the result of building trust and rapport with owners, employees, guests, partners, and clients.

In addition to his executive roles, Kressaty is an active industry mentor and board member. He serves as a board member of the International Luxury Hotel Association and is a past board member of the Hotel Association of New York City Foundation. He has held teaching and advisory roles with leading hospitality schools including Cornell University, New York University, Boston University, Penn State University, Auburn University and Fairleigh-Dickinson University.

Kressaty holds a Bachelor of Science in Business Administration from Fairleigh-Dickinson University. He is widely recognized for his ability to build trusted global relationships, inspire teams, and deliver success across revenue, operations, and brand strategy.

He thoroughly enjoys spending time on the slopes, pickleball court and traveling the world with his wife and their three sons.