Sam Chang

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Shan Leong (Sam) Chang is a hotel developer in New York City.

Contents

[edit] Background

A native of Taiwan, Chang dropped out of high school to help his parents manage a Los Angeles hotel.[1]

Prior to becoming a developer in New York, Chang operated hotels and restaurants in the suburbs of Baltimore, Maryland. His first New York project was in 1997.[1]

[edit] Business

Chang is the chairman of McSam Hotel Group, and is one of the largest hotel developers in New York City. His company has completed 25 hotels in the five boroughs, with a stated goal of at least 50. He currently has 4,000 rooms under development, for a variety of national hotel chains.[2][3]

Many of Chang's hotels are designed by New York architects Gene Kaufman[4] and Michael Kang. Tritel Construction (of which he is a 50% partner) handles much of the construction.[1].

Chang was honored as a 2007 "Developer of the Year" by Hilton Hotels, for the multiple Hilton properties he is developing in Manhattan and Connecticut.[5][6]

[edit] Investments

Chang has a 7.5 percent stake in Trump Entertainment Resorts.[2]

[edit] References

  1. ^ a b c Bahree, Megha (2006-06-19), “Upgrading”, Forbes, <http://www.forbes.com/global/2006/0619/078.html>. Retrieved on 1 March 2008 
  2. ^ a b Jones, David (2008-02-29), “Chang bets big on Trump Entertainment”, The Real Deal, <http://ny.therealdeal.com/articles/chang-bets-big-on-trump-entertainment>. Retrieved on 1 March 2008 
  3. ^ Ferris, Marc (2006-12-01), “Checking in with Sam Chang”, The Real Deal, <http://ny.therealdeal.com/articles/checking-in-with-sam-chang>. Retrieved on 1 March 2008 
  4. ^ Bernstein, Fred A. (2008-02-17), “In Hotel Design, He’s Mr. Prolific”, New York Times, <http://www.nytimes.com/2008/02/17/realestate/commercial/17sqft.html>. Retrieved on 1 March 2008 
  5. ^ News Release: Hilton Hotels Corporation Announces Top Developers and Hotels Among Focused-Service Brands, Hilton Hotels Corporation, 2007-03-12, <http://phx.corporate-ir.net/phoenix.zhtml?c=88577&p=irol-newsArticle_Print&ID=973945&highlight=>. Retrieved on 1 March 2008 
  6. ^ Shott, Chris (2007-12-11), “Cha-Chang! Sam Chang Builds First, Brands Later”, New York Observer, <http://www.observer.com/2007/cha-chang-sam-chang-builds-first-brands-later?page=0%2C0>. Retrieved on 1 March 2008