According to the online publication India-West, Sunil arrived in the United States in July 1993 as a product of “very humble beginnings,” having been educated only in high school at St. Anne’s High in Pali Hill in Bandra India. Nontheless, he has been prepared by his life experiences and by his family’s business for the U.S. business market.
He has not only metamorphosed into, but he has also evolved, as if magically like a butterfly, into being a successful businessman – leap years away from his previous work as an Arco gas station cashier and delivery man for Canara Technology. He has now positioned himself, with the help of his uncle Ashok Israni, chairman of Pacifica Host Hotels, into being a self made multi-millionaire. His diversified portfolio includes a myriad of business ventures such as semiconductors, hotel ownerships, and real estate sales. In fact, in my opinion, he will probably be involved in the race car industry soon because of his penchant for driving and owning fast cars such as his Lamborghini LP 700-4.
While growing up, he daydreamed of cars and pasted fast car posters on his walls. Now he is living his dreams owning and driving luxury fast cars and even shattering the 200 mph barrier last year in a Ferrari Scuderia Spider. In November this year, he plans to do it again in his Lamborghini LP 700-4. The annual event is held at an abandoned airstrip in the Mojave Desert, called the Mojave Spaceport. So far, according to Tolani, only 184 racers have achieved this feat.
Tolani, according to India-West said, “The American Dream is very attainable with the right vision. I’m living a dream. I don’t work. I just have a vision and hire Type A employees, paying them over-market wages and salaries, and they go work for me, making me a fortune. America is a land of opportunity. I’m not the first one to do this. I’m not the last one to do this. Many people have done it. There are hundreds of people who have done it. Just be honest and true to yourself.”
Even though Solani’s life consists of jaw dropping acquisitions in both real estate and hotel ventures, in my opinion, his real exploits are manifested by his philanthropic vibrations. Sunil has both shown and led by example that it is possible to simultaneously achieve what one wants in life and still reach out and uplift another’s life. Tolani feels that treating people with respect is as important as the wealth that he has generated and attained.
“As a CEO, I believe in the fostering of a community of kinship,” Tolani told India-West. “I have tremendous praise and respect for my hundreds of team members. They’re my team and my family.” For its employees, the Prince Organization has Christmas dinners, annual performance bonuses, employee of the month, and a $1,000 prize for “Inspiring Employee of the Month.” Such programs result in unprecedented employee loyalty, said Tolani. He also added, “We have the lowest employee turnover in the hospitality industry.” Internally, Tolani promotes several goals with his colleagues and employees, such as acting with integrity, working as a team, embracing differences in others, providing top notch service, fostering innovation, striving for excellence, maintaining open communication, and giving back to the community.
One significant community contribution was the establishment in 2009 of an annual endowment of $151,111. Known as the “Scholarship for the American Dream,” the endowment has helped 39 students attend 11 universities. Tolani hopes the scholarship fund will encourage others to create their own American Dream.
Prince Organization also offers free rooms and meals at their hotels through a program called “Room Seva,” which is available to those who have friends or family staying in hospitals, nursing homes, or treatment centers during the Thanksgiving, Christmas and New Year holidays, as well as during the Indian festival season of Diwali and Navratri.
For all that he has done for the community, Tolani is not without acclaim, either. He was recently named a top nominee of the Orange County Register Holiday Spirit Award where the judges described Tolani’s focus as people, not money. Los Angeles County also honored him for being a social entrepreneur and humanitarian. And this month, Tolani will receive the Best South Asian Entrepreneur Award by the South Asian Business Alliance Network.
Sunil was also awarded “Social Entrepreneur of The Year for 2012” for his charities and incredible business ventures. The award was given during Maria Amor’s, “We Care For The World” event held last April 28, 2012 at The Los Angeles Convention Center. The event’s theme was entitled, “Honoring The Men And Women in Uniform,” which raised funds for the families of officers in the LA County who lost their lives in the line of duty.
Sunil Tolani created empires such as Memory Card, a semiconductor entity that is generating at least $60 million and the Prince Corporation, a hotel empire that is currently exploding in into the hundreds of millions.
The properties owned by Tolani’s Prince Organization total to 15 hotels to date according to India-West. They are:
•Holiday Inn Express, La Junta, Colorado (59 rooms); valued at $4.5 million
•Clarion, Pueblo, Colorado (185 rooms); valued at $4.95 million
•Holiday Inn Express, Alamosa, Colorado (77 rooms); $7.5 million
•Hilton Garden Inn, Shreveport, Louisiana (143 rooms); $12 million
•Hampton Inn, Natchez, Mississippi (86 rooms); $8 million
•Comfort Suites, Shreveport, Louisiana (74 rooms); $7.2 million
•Baymont, Shreveport, Louisiana (120 rooms); $6.25 million
•Holiday Inn Express, Nacogdoches, Texas (91 rooms); $8.4 million
•Quality Inn, Nacogdoches, Texas (120 rooms); $6.3 million
•Holiday Inn Express, Starkville, Mississippi (105 rooms); $8 million
•Comfort Suites, Dallas, Texas (82 rooms); $7.9 million
•Holiday Inn Express, Austin, Texas (101 rooms); $8 million (see image-above)
•Holiday Inn Express, Walla Walla, Washington (81 rooms); $6.5 million
•Hampton Inn, Killen, Texas (67 rooms); $4.5 million
•Days Inn, Houston, Texas (110 rooms); valued at $3.7 million.
Filed under: Business, Entertainment, Featured Article, People, Philantrophy, Sports · Tags: 4th annual sheriff show, ceo, COLD HEAT NEWS, entrepreneur, Exotifit for Humanity, Gala Night, honoring men and women in uniform, hotelier, humanitarian, Maria Amor, MAURICE DWAYNE SMITH, Philantrophy, prince organization, sunil tolani, wcw, we care for the world