There are just so many hotels in any particular market—be it geographic or a niche category—that if a management company wants to grow its business, it must expand into new areas.
But how can a company decide what the right market is for them? There are many factors that contribute to finding that perfect match—from growing local economies, following a trusted partner or the addition of new, stable demand generators.
What’s most important? Research, research, research.
PM Hotel Group will assume management of three properties in the greater Washington, D.C. area: the Crowne Plaza Dulles Airport, Hotel Arboretum and Fairfield Inn & Suites Washington, D.C./New York Avenue, expanding its portfolio of 86 hotels in 22 states.
Hospitality management companies PM Hotel Group and Sightline Hospitality have merged, adding 22 properties to the PM Hotel Group portfolio that are either open or set to open within the coming months, largely as part of the Modus by PM Hotel Group lifestyle division. The newly merged entity will continue to operate under the PM Hotel Group name.
LODGING spoke with PM Hotel Group President Joe Bojanowski on a Friday afternoon, as he was wrapping up the past week and planning for the next one before taking off for the weekend “at a decent hour.” This, he said, was business as usual for the entire team at PM Hotel Group, where he is leading the […]