Jesse and Gabe co-host an inspiring conversation with Alexander DelMonte, President and CEO of the DelMonte Hotel Group. As the third-generation leader of a company that’s helped shape Rochester’s hospitality landscape, Alex shares the remarkable origin story of his family’s business, from a bold pitch to Bill Marriott to becoming Marriott’s longest-continuous franchisee. But this episode isn’t just about the past—it’s also about building the future. Alex breaks down the vision behind the CityGate Hotel project, an ambitious new development that brings together local powerhouses: DelMonte Hotel Group, Pike Construction, Genesee Regional Bank, and Cobblestone Capital. You’ll hear how dual-branding, smart site strategy, and Rochester’s evolving market are converging to create a high-end hotel experience unlike anything the city has seen. Whether you’re a seasoned investor, a local business leader, or just curious about how major deals come together, this episode delivers unique insight straight from the decision-makers’ table. Tune in to hear how legacy meets innovation—right here in Rochester.
Key Takeaways:
- How did the Del Monte Hotel Group grow from a single hotel into a nationally recognized hospitality company?
- What makes the CityGate Hotel project a unique and promising investment opportunity in the Rochester market?
- How do strategic partnerships and dual-branding enhance hotel development and long-term success?
Key Timestamps:
(00:00) – Hotel franchising explained
(06:30) – Choosing the right brand and property type
(08:00) – Growth of the Del Monte portfolio
(10:00) – Transition to higher-end, high-RevPAR markets
(12:00) – The value of location and mixed-use developments
(13:30) – Inside the CityGate project: planning and partnerships
(15:00) – Why Rochester remains a strong hotel market
(17:00) – Dual-branded hotels and operational synergies
(20:00) – Rochester firms collaborating on CityGate
(22:00) – Construction timeline and project outlook
Key Topics Discussed:
The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques ,Rochester hotel development, CityGate Hotel project, Del Monte Hotel Group, Hotel investment opportunity, Dual-branded Marriott hotels
Mentions:
Website: https://www.delmontehotels.com/
LinkedIn: https://www.linkedin.com/in/alexander-del-monte-00235a6
More of The Trusted Partner:
Website: https://cobblestonecap.com/the-trusted-partner-podcast/
Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
