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Preferred Hotels & Resorts company history timeline

1968

Preferred Hotels & Resorts was founded by 12 North American hoteliers in 1968, originating as a referral organization for hotels, under the name Preferred Hotels Association.

1979

By the organization's 10th anniversary in 1979, the company had begun international expansion with 14 European hotel members as well as its first member in Asia Pacific.

1981

In 1981, the association rebranded under the name Preferred Hotels Worldwide, and ended the personal referral system previously used for membership.

2000

In 2000, the company created a new holding company called IndeCorp (Independent Hotel Corporation).

2005

In 2005, Preferred introduced its Preferred Boutique brand, the first major initiative spearheaded by Lindsey Ueberroth.

2014

In 2014, the company entered its 10th year as a privately owned family business, implementing a succession plan with Lindsey Ueberroth as president and CEO, John Ueberroth as chairman, Gail Ueberroth as vice chairman and Casey Ueberroth as chief marketing officer.

2015

In March 2015, the company rebranded, with five distinct hotel collections: Legend, LVX, Lifestyle, Connect, and Preferred Residences.

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Founded
1968
Company founded
Headquarters
Chicago, IL
Company headquarter
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Preferred Hotels & Resorts may also be known as or be related to Preferred Hotel Group and Preferred Hotels & Resorts.