Co-Founder and Chief Executive Office
Phil Wolfgramm has 25+ years of experience in hospitality and real estate. He started his career in hospitality as a hotel shuttle driver and night auditor. He moved up through the hotel accounting track as an assistant controller and controller until he became a General Manager in 2003 at various IHG, Choice, Starwood, and Marriott full-service hotels. Phil also led the ground-up development, and served as the Opening GM, of the 285-key Sheraton Garden Grove Anaheim South and the 272-key Embassy Suites Glendale.
In 2008, Phil became the Head of Acquisitions and Asset Management at Kam Sang Company. Over the last 13 years, Phil spearheaded over 2 billion dollars' worth of real estate acquisitions, refinances, and developments. In addition, Phil asset managed all of Kam Sang’s brandmanaged properties: Ritz Carlton Rancho Mirage, JW Marriott Palm Desert, and Waldorf Astoria Las Vegas. He was also responsible for overseeing the financial performance of the company’s self-managed properties which included Residence Inn, Courtyard, and Embassy Suites hotels.
Some of Phil’s notable hospitality acquisitions include:
- Ravella Lake Las Vegas (formerly Ritz Carlton Lake Las Vegas) with a rebrand to the Hilton Resort and Spa
- Ritz Carlton Rancho Mirage along with leading the ongoing development of an adjacent 100+ condominium wing
- JW Marriott Resort and Spa Palm Desert with an extensive 30M+ renovation
- Mandarin Oriental Las Vegas with an extensive renovation and rebrand to a Waldorf Astoria
During Phil's tenure as Head of Acquisitions and Asset Management, Kam Sang's portfolio grew from 75 million to over 2 billion. He left Kam Sang in July 2021 to co-found Wolfgramm Capital.