As a founding partner of Schulte Hospitality, Ray Schulte oversees all operational aspects for our hotel portfolio. Since the company's inception, he has managed the growth of the company from its first location to its currently portfolio of over 146 hotels in 31 states, additionally he has been instrumental in implementing and developing the systems and procedures that have allowed the company to streamline its operations and achieve best-in-class results for its investors and ownership groups. Today he oversees $300 million in top-line revenues, $1.4 billion of asset value and over 7,600 associates. He is also involved in the management of the company's real estate, office and retail holdings.
Prior to founding Schulte Hospitality Group with his brother and father, he worked with John Q. Hammons, Summit Hotels and a Dallas-based real estate developer. Ray studied business administration at the University of Colorado. Ray is an avid sports fan and enjoys golf, skiing and traveling. He supports the charity The V Foundation for cancer research (jimmyv.org), named for college basketball coach Jim Valvano. The V Foundation holds a four-star rating - the highest - and 100% of its support goes directly to cancer research. Ray uses the inspirational words of Coach Valvano as motivation in his daily life