Bittel is a real estate investor and a business entrepreneur who has built a business worth $500 million.
He has been one of the 100 Most Influential People in Real Estate by Real Capital and among the influential people in the Real Estate Industry. Bittel serves as the company’s Chairman and Chief Executive Officer and has been investing his entire life and has focused on value investing and building long-term wealth.
While maintaining a tight grip on change, Bittel and TerranovaCorp have maintained a high degree of continuity with their shopping experience. With each new development, they work to make the shopping experience as authentic to its location as possible while also keeping the emphasis on the brand. The brand experience is maintained by selecting a range of merchandise that best represents the location’s spirit while catering to consumers’ specific desires.
Terranova’s strategy has always been to work with property owners to create retail opportunities that would benefit their residents, to create a walkable, vibrant, and active downtown. In many cases, the property owner was unable to revitalize the center due to market conditions that would have negatively impacted retail sales, such as a lack of parking, a lack of a downtown presence, or a decline in living activity. When these factors are present, the asset becomes a prime location for creating a walking retail center.
The software Stephen Bittel sold back then is now used by thousands of airlines, hotels, and other businesses worldwide. This software is now so well-known that it is named after the company Terranova. Bittel, who has been with Terranova for over 40 years, can trace his company’s trajectory from being a small upstart to a global household name.
Stephen Bittel, who has been with Terranova for over 40 years, can trace his company’s trajectory from being a small upstart to a global household name. Stephen Bittel trained as a mathematician, began his company by selling high-tech computerized checkers. However, he soon realized a much larger market for software that automated the tedious activities involved in check booking. This insight led him to found Terranova in 1980.
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Learn more about Bittel on https://billionsuccess.com/stephen-bittel/