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