ST. PETERSBURG, Fla. (May 26, 2022) – Tommy Del Zoppo, one of the founders of New Hotel Collection, has assumed the role of Chief Executive Officer of the company, which is embarking on a major expansion of the historic Cordova Inn in downtown St. Petersburg.
Del Zoppo, who previously served as Chief Investment Officer for New Hotel Collection, succeeds Alex Hodges, who has taken an extended medical leave.
New Hotel Collection, which also has ownership stakes in hotels in Indian Rocks Beach, Florida; Indian Shores, Florida; and Sevierville, Tennessee, soon will be expanding the Cordova Inn from 32 to 95 rooms, while adding a restaurant, distinctive rooftop area and courtyard garden. Demolition of a property next door to the Cordova to make room for the addition is underway, with the expansion expected to open in 2023.
Del Zoppo, Hodges and hospitality industry veteran Ron New founded New Hotel Collection in 2016, and the company has built an impressive record of success, weathering the pandemic better than most hospitality companies. In fact, annual company revenues doubled from 2020 to 2021, to over $15 million.
Del Zoppo brings significant, high-level experience to his new role, holding senior management positions in equity global trading at JPMorgan Chase & Co., HSBC, and Citigroup Global Banking and Markets before moving to St. Petersburg from New York City and co-founding New Hotel Collection. He started his career as an analyst at Goldman Sachs and is a graduate of Columbia University in New York City.
“I am honored to have the opportunity to lead New Hotel Collection as we continue the successful trajectory we maintained through the pandemic,” Del Zoppo said. “We will be focused on maintaining our quality operations on the Pinellas County beaches and in Sevierville while expanding the Cordova Inn, which combines modern amenities with a look that honors the spirit of the original historic hotel.”
About New Hotel Collection:
New Hotel Collection was founded with a vision for excellence in service and a passion for generous hospitality. Each of the company’s four hotel properties – three in Florida and one in Tennessee – is hand-selected specifically for its high-quality accommodations, unique amenities, and the best overall guest experience its city has to offer. More information is at NewHotelCollection.com.