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avatar for Andrea Foster

Andrea Foster

Marcus Hotels & Resorts | MCS Capital
Senior Vice President - Development
Andrea Foster is the Senior Vice President, Development for Marcus Hotels & Resorts. Foster, a 20-year hospitality veteran and lodging industry expert, is responsible for marketing the company’s hotel management capabilities and identifying and securing potential acquisition, joint venture and third-party management opportunities for the company.
 
Foster began working with PKF Consulting|CBRE Hotels in Los Angeles in 2002 where she was responsible for hospitality real estate valuations and feasibility analysis. She returned to PKF|CBRE in 2011 running the New England Practice, based in Boston, as Managing Director. During her tenure, Foster has worked on a variety of assignments involving market positioning and repositioning, feasibility analysis, appraisals, operational analysis, sales and marketing analysis, spa studies, impact studies and tourism studies. From 2006 to 2011, she served as Vice President, Marketing and Business Development for Miraval Holdings, a top-rated destination spa resort and healthy lifestyle brand.  Her career also includes operations management positions with boutique-size branded and independent hotel properties on the East and West coasts.
 
Foster has become a key voice at hotel investment conferences and was the publisher of PKF’s Trends® in the Hotel Spa Industry report. She is president emeritus of the Cornell Hotel Society New England Chapter, industry advisor to Cornell University Spa Association, scholarship chair for ISPA (International Spa Association), an immediate past active member of the NEREJ (New England Real Estate Journal) Hotel Advisory Board and CREW (Commercial Real Estate Women) Boston, and is a regular guest lecturer at the hospitality schools at Cornell and Boston University.
 
Foster, originally from Maine, is a graduate of Cornell University’s School of Hotel Administration with a concentration in real estate finance and operations.