Hotel company founder and CEO Navin Dimond joins Denver Branch Board of Directors
Navin Dimond sees service on the Denver Branch Board of Directors as a natural intersection of his longtime interest in economics and his professional experience developing, owning, operating and investing in hotel properties.
Dimond is founder, president and chief executive officer of Stonebridge Companies, a Denver-based, privately owned, hotel owner, operator and developer with more than 60 properties and 12,000 hotel rooms from New York City to Alaska.
“We’re spread across the country, so we have a pretty good pulse of what’s going on and where it’s going on,” Dimond said.
Having that pulse is important, Dimond said, from the standpoint of serving as a Reserve Bank director.
“I gravitated toward this opportunity because I’ve really been a student of economics, especially regarding interest rates,” he said. “I’ve had a keen interest for 25-plus years, and I think it’s something that really fits my bailiwick. It’s more than just curiosity.”
Dimond has bachelor’s degrees in business administration and construction management from Washington State University and a master’s degree in real estate and construction management from the University of Denver. He serves in advisory roles for various organizations and academic institutions, including the Board of Trustees for the University of Denver, the Foundation Board of Metropolitan State University of Denver, and the Board of Trustees for the Denver Center for the Performing Arts. Dimond also is a board member and former chairman of Visit Denver, the metropolitan area’s Convention & Visitors Bureau.
Dimond said that as a Reserve Bank director he’s looking forward to sharing his insight from the business world while learning even more about the factors and concepts that affect the economy.
“I’ll learn a lot, but hopefully I can give something back as well,” Dimond said. “I think I’ll understand all of these concepts perhaps better than I do currently, and walk away being a more skilled business leader.”