Page 29 - HELLO! San Diego - NALA 2020 Proposal
P. 29

FINANCIALS





             Is the company public or privately held?


             Hello Destination Management is a privately held company and proud of our
             financially sound foundation and perfect credit history.



             Hello! Destination Management is wholly owned by brothers, Paul S. Mears III
             and James B. Mears. Paul III and Jimmy represent the third generation of Mears
             working and serving the hospitality industry. Paul III is the President of Hello!
             Destination Management and is responsible for the everyday success of the
             organization.



             As a family owned business, and one that does not franchise, clients can count on
             consistent philosophies, systems and service results. Further, all stakeholders
             (clients, employees and suppliers) can count on a consistent approach rather than
             violent swings in business practices to accommodate quarterly earnings pressures
             from institutional investors.





             Past Annual Revenue:

             2018 - $139,000,000

             2017 -$111,000,000
             2016 - $95,000,000








             Describe, briefly, any pending or past legal proceedings or legal proceedings
             known to be contemplated, that relate to business activities of your company or

             any affiliates, former affiliates, or any of their principals or former principals. Please
             describe the factual basis alleged and relief sought or any judgment, order or
             determination of any court to which the company or any affiliate or any of their
             principals is subject.


             No previous or pending judgments for the company or any of its principals.
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