HEGG logo
HEGG logo

Our Story

Hospitality First

At HEGG, we create communities and elevate experiences.

We manage from an owner's point of view while delivering the little touches that make customers feel welcome and happy – and wanting to come back for more.

Leadership & Team

Leadership & Team

Peter P. Hegg

Founder
Peter chairs the Board of Directors of Hegg Companies Inc. He has extensive experience in the development, acquisition, management, and disposition of real estate, including hotels, apartments and other commercial properties.

Paul Ode Hegg

President & CEO
Paul is president and CEO of Hegg Companies. Paul's deep understanding of commercial real estate, development, syndications, and hospitality has laid the groundwork for many long-term client relationships and company growth.

Dione Deuel

COO of Hospitality/Director of Brand Experience
Dione is the COO of hospitality and director of brand experience for the Hegg Companies. She’s used her two decades of hospitality leadership to invigorate the company culture, reduce turnover, and implement comprehensive training programs

Rick Siem

Chief Financial Officer
Short bio basic info.

Family-owned Since 1945

HEGG COMPANIES LLC is a trusted, family-owned business that has proudly served customers and clients for more than 80 years. We joined the hospitality industry in 1980 by managing an 82-room Thrifty Scot Motel in Sioux Falls, South Dakota. This quickly expanded to providing hospitality management services for 12 Thrifty Scots in the Upper Midwest. Under the company’s guidance and attention to detail, these properties eventually underwent a brand conversion and became part of the Days Inn hotel chain. Since then, we have managed over 50 hotel properties, memorable experiences that build community.

Our Mission & Values

We find a way.

We are creative, innovative problem solvers who never say never.

We will be better every day.

We are coachable, growth-minded professionals who learn from challenges and have a passion for growth.

We are better together.

We are bold and respectful, and believe that everyone’s voice matters. At HEGG, 1+1=3.

Historical Milestones

2025

CRAVE

2025

Starbucks

2025

Project Two

2025

Hilton Garden Inn – Sioux City Riverfront

2025

CRAVE – Sioux Falls

2025

Project Five

Headshot of Rick Siem
Rick Siem

CONTENT NEEDED

Headshot of Dione Deuel
Dione Deuel

Dione Deuel believes in leading through empathy and example. Dione joined the Hegg team in 2019 after two decades of leadership in the hospitality and retail sectors. In her role as Director of Brand Experience, Dione is a true people-first leader. She is passionate about creating spaces that are welcoming and comfortable for team members and guests alike.

During her time at Hegg Companies, Dione has invigorated and shaped the company culture, reducing turnover, implementing comprehensive hospitality training programs, and enacting team member recognition programs. She is a meticulous, detail-oriented, and fun-loving professional who understands the value of investing in people. And she never forgets a name.

Headshot of Paul Ode Hegg
Paul Ode Hegg

Paul Ode Hegg is a creator. Paul has led Hegg Companies Inc. as president and CEO since 2002, and is the third Hegg to hold that position. His deep understanding of commercial real estate, development, syndications, and hospitality has laid the groundwork for many long-term client relationships and company growth.

As a visionary at the head of a third generation family company, Paul is uniquely suited to lead at this point in Hegg’s history, as he is gifted with both a deep, personal understanding of the company’s past and the vision to guide it into the future. He has led the company to fresh opportunities in hospitality that include restaurants and hotels. Hegg is a franchisee of Hilton and Marriott and a licensed Starbucks owner.

Expanded on the company’s business ventures he formed a construction company and start-up volumetric factory or more commonly referred to as off-site modular construction.

He is responsible for oversight of real estate development and management, commercial brokerage, and asset management of the overall portfolio. But simply, Paul sees himself as a builder of opportunity and community.

Headshot of Peter Hegg
Peter P. Hegg

Peter P. Hegg chairs the Board of Directors of Hegg Companies Inc. He has extensive experience in the development, acquisition, management, and disposition of real estate, including hotels, apartments and other commercial properties. He served as president and CEO of Hegg Companies Inc. for more than 40 years before his son, Paul, took over executive leadership of the family-owned business in 2002.

Peter formerly served on the Advisory Council on Small Business and Labor, which assists the Federal Reserve Bank of Minneapolis. The council helps the Reserve Bank’s Board of Directors by providing perspectives on economic information and reactions to policy positions. He also has served on several other boards and commissions. He is a former chairman and member of the South Dakota Real Estate Commission; a former regent at Augustana College in Sioux Falls, S.D.; former board member of the Sioux Falls Chamber of Commerce; past chairman and board member of South Dakota Diversified Credit Services; past board member of the Days Inn Franchise Advisory Committee; past board member of Days Inns of America Inc.; and a past or present board member of other organizations and companies throughout the region and the United States.He is the owner of the Circle H Ranch hunting lodge in Gregory, S.D. He graduated from St. Olaf College in Northfield, Minn. with a Bachelor of Arts Degree and majors in speech and economics. Peter was inducted into the South Dakota Hall of Fame for Business and the South Dakota Aviation Hall of Fame for his interest and contributions in the advancement of aviation in the state.