About Antico Management Company, LLC
Providing Expertise and Services To The
Hospitality and Apartment Sector
Antico Management Company, LLC (“AMC ") is a private management services
company whose principals have an expertise and track record in the
hospitality and project investment sectors.
The AMC team, with extensive experience in all the critical disciplines
necessary for success, including development, financing, operations, and
asset/investment management, brings a hands-on work ethic and an owner's
mindset to the tasks.
Our approach is to align our interests with our clients and form win-win
structures - the only reasonable basis for a long-term relationship.
WHY AMC?
It's simple. Our experience can lead to your success.
The most significant determinant of success in a hotel venture is the
quality and track record of management. AMC's key personnel have
developed and operated successful properties and have done so both as
owners as well as representing investor groups – having to live with the
consequences of their investment and management decisions.
Put our experience to work for you. Want to see what our clients think of us?
Here is one of our current Letters of Recommendation for Victor Antico Jr.
OUR SERVICES
AMC's focus is providing the following services to hotel
owners/investors:
Primary
Optional
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Development
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Financing
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Equity Investment
MANAGEMENT TEAM
Victor Antico, Jr., President
My family has been in the Hotel business since 1977 as owner/operators. You can literally say I grew
up in the Hotel business. My father sold our home in Yonkers, NY and bought a hotel in Manchester, CT
and moved the family into the hotel. We lived at the hotel for 2 years until we were able to purchase
a home, then in 1982 my father purchased his 2nd Hotel in Vernon, CT. In 1984 my father purchased his
first office building in Manchester, CT. I worked at all three growing up.
I graduated from Bryant College in 1989 with a degree in Hotel Management; from there I went to work in
the management trainee program at Hyatt Hotels at the Grand Hyatt in New York City. After I completed
my management training I chose to stay in New York City so I took a position at the Surrey Hotel, part
of the Manhattan East Suite Hotel group (now called Affinia Hotels). After 8 months I was promoted to
the sales department at the Surrey. After two and a half years in New York City, I moved home to help
run the two hotels and office building owned by my family.
After a year back in Connecticut, I was offered a position as Vice-President of operations with Mellette
and Associates. Mellette and associates managed bank owned OREO Hotels. It was my job to run the
Hotels and get them ready for sale for the banks. I managed between 2 and 4 hotels simultaneously.
(Comfort Inn in Old Saybrook, Country Inns and Suites in Hartford ( now Red Roof ), Brooklyn Motel and
the Norwich Inn and Spa). The Norwich Inn and Spa was sold to the Mashantucket Pequot tribal nation in
less than 4 months after we started managing and marketing the Hotel.
After we sold off most of the Hotel assets for the banks, I went back to work for my family, to
develop and build a new Hotel and Restaurant. We demolished one of our existing Hotels and purchased
additional land from the State of Connecticut to build a band new 63-room Holiday Inn Express along
with a new 5,400 sq. ft. restaurant. I worked on every detail of the design and construction of both
facilities as well as apply and gain all of the local permits needed. The Hotel opened in July of
1997 and the restaurant opened April of 1999. Both have been a great success. The Holiday Inn Express
has been ranked the number one hotel in the entire Holiday Inn system for all of Connecticut for 6
out of the last 7 years. I have also served as a guest lecturer on hotel management to both Central
CT State University and Manchester Community College.
In 2005 I put together an investment group to purchase the old Harley/Radisson Hotel in Enfield CT.
My family and I own 1/3 of the Hotel and we took in investors for the other 2/3. The Hotel has 174
guest rooms with 13,000 sq. ft. of banquet space and a full restaurant and bar. After the purchase
we started a massive 5 million dollar renovation and conversion from Radisson to Crowne Plaza. I
directed the entire operation as well as coordinated all of the correspondence with our corporate
office. We did everything from replace the entire roof and parking lot to all new soft goods. We
successfully opened as a Crowne Plaza in July of 2006. At the Crowne Plaza Enfield I oversee all
operations from Food and Beverage to Maintenance issues. We sold the Crowne Plaza in September
of 2009.
I currently oversee the Holiday Inn Express as well as consult on two other Hotels in CT. I have
consulted for many local banks over the years on various hospitality issues. The banks include:
TD Bank, United Bank, First Niagara, Home Loan Bank, Freedom National Bank to name a few.
I am currently the secretary of the CT lodging association. I have been involved in the association
for over 12 years in various positions including the board of directors. My father was President of
the CT Hotel Association in 1984. I am also on the Greater Hartford Tourism District and have been
head of operation for the last 2 years, as well as being the treasurer for my local Rotary Club
for 2 years.
I have been active in Rotary for 10 years. I am married with 3 children and live in Glastonbury, CT.
Paul Romanelli
Mr. Romanelli brings a professional and business career of over
30 years with a focus on financial and operational management, project
and private equity investment. Co-Founder/President of Independent
Energy Corporation, an energy development company ( sold to a NYSE
company ) which developed, financed, and operated fourteen projects in
the United States, Central America, and the Caribbean with a total
capital cost of over $ 500 million, he brings a management and
investment track record of over 20 years in the private power industry.
As a Co-Founding Investor, current Chairman, Treasurer, Board and
Investment Committee Member of First New England Capital, a
Hartford-based SBIC which provides mezzanine and equity financing for
small and middle market companies, Mr. Romanelli has been active in the
private equity field since the company's inception in 1988.
Mr. Romanelli had a career in public accounting and consulting with both
Arthur Andersen & Co. and a private partnership, Romanelli, Slomski &
Co., for seven and ten years, respectively.
As a member of Mr. Antico's team in the acquisition and management of
the Enfield hotel, Mr. Romanelli is responsible for overall financial
management and reporting to the investors and financial institutions,
He holds degrees from the University of Rhode Island and is a Certified
Public Accountant.
Additional Resources and Expertise
In addition to the senior members above, AMC provides a cadre
of seasoned hotel industry professionals with a broad array of skills,
including: on-site operations management, sales and event planning,
facilities management as well as the HR, accounting and reporting skills
required for a successful hotel operation.
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