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Leadership Biography: Richard E.Takach, Jr.

President & CEO
Vesta Hospitality

Rick Takach is President and Chief Executive Officer of Vesta Hospitality in Vancouver, Washington. Takach co-founded the company in 1996, with a vision of creating unique hotels that offer the finest in quality and service. Through his leadership, the company has grown nationally and now owns and manages 13 hotels in Arizona, California, Georgia, Nebraska, Oregon, Texas, Utah, and Washington.

Takach has more than 25 years of experience in the lodging industry. He began his career as a night auditor at a ski lodge in Vail, Colorado after graduating from Pennsylvania State University with a degree in business administration. He has since gained first-hand experience in every aspect of hotel operations, management, and development. Before forming his own company, Takach served as regional manager for the Marriott Corporation in Bethesda, Maryland, and spent seven years as executive vice president of the Dimension Development Company in Natchitoches, Louisiana.

He has a reputation for attracting and retaining talented hospitality industry professionals who have created award-winning hotels with outstanding customer satisfaction. Notable achievements include the $45 million renovation of the historic Multnomah Hotel in downtown Portland, Oregon, and the restoration of the historic Casa de Palmas Hotel in McAllen, Texas. Most recently, the company completed a $30 million transformation of the Hotel Zoso in Palm Springs, California, turning the property into a state-of-the-art destination hotel. Other properties also have received awards for excellence.

Takach has been a Board member of the IAHI since 2001. He has also served as Chairman of the IAHI Staybridge Suites and Priority Club Rewards Committees, as well as held various positions on the Holiday Inn and Western Regional Committees.

In addition to his work with the IAHI, Takach is active in his local community. As a Rotarian, he has twice served as chairman of the annual Vancouver Festival of Trees event, raising more than $350,000 for the local Rotary foundation. He also supports other causes, such as the American Red Cross Hero program and the Vancouver Symphony Orchestra.

 

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