D. Teddy Zhang is the President and CEO of HUBS1. Zhang launched HUBS1 in 2005, introducing the next-generation global distribution system for the hotel market in China. The firm's web-based platform enables hotels to manage their booking process in real time. Hotels use the platform to adjust room rates, room types, availabilities and allotments, changes that are instantly reflected across all online and offline distribution channels.
Prior to founding HUBS1, Zhang was special assistant to the chairman and CEO of Thayer Lodging Group, a leading private-equity firm specializing in lodging investment. Zhang oversaw strategic planning and corporate finance at Thayer. Earlier, he held various executive positions for major international hotel chains including Accor, Marriott, and Hilton, both in China and the U.S.
Teddy Zhang graduated from the Cornell University School of Hotel Administration and holds an M.B.A. from The Wharton School at the University of Pennsylvania.
The biggest surprise I had at that time is how big the private equity company can be and how much influence they have on the industry. That really shocked me ... because I always you know, before I was thinking about the Fortune 500 company but really those big firms, Carlisle, KKR, I mean those ar...(Full transcript available to logged in subscribers.).
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