PM HOTEL GROUP DRIVES PORTFOLIO EXPANSION
PM HOTEL GROUP Announces Additions to Business Development Team to Support Strategic Growth
Chevy Chase, Md. – (JULY 26, 2022) – PM Hotel Group, a leading hotel management companies, grew RPI across their portfolio by 28.3% in 2020 and 7.6% in 2021 acquiring impressive market share for its owners. To support the company’s continued growth and focus on driving performance for its owners, PM today
announces key additions to its business development team. These additions follow the company’s acquisitions of Paramount Management Associates and Modus Hotels in Q1 2022, further positioning the management company for strategic growth, leveraging its proven operational excellence across all chain scales.
Raina Taillon joins the Business Development team as Vice President, Lifestyle + Luxury, a newly created role. Drawing on her proven expertise in development, acquisitions and dispositions, feasibility and underwriting, together with her passion for experiential hospitality, brand development, architecture, and design, Raina will lead new business growth within this sector. Her previous roles include positions with Sage Hospitality Group, LaSalle Hotel Properties and Hilton where she was part of the corporate Luxury & Corporate Development team.
David Hale has been named Vice President, Development + Acquisitions. He will lead new business growth concentrating on expansion of the franchised core hotel portfolio, sourcing and analyzing acquisition opportunities, working with owners seeking additional opportunities and overseeing the expansion of third party management contracts. David’s previous roles include positions with Paramount Hotel Group, Spire Hospitality, and Hilton Hotels where he held various regional roles and led many brand training leadership courses in revenue management, sales and operations.
“Raina and David both bring extraordinary talent and passion to their roles and are valuable additions to our team. Their insights, expertise, and relationships across the industry positions us to scale our success and positions us for exciting development opportunities,” said Joseph Bojanowski, president of PM Hotel Group.
“I am incredibly proud of the team we’ve assembled and am confident that together we will be able to drive returns for our owners while expanding PM Hotel Group’s portfolio of managed hotels,” said Ethan Kramer, Chief Investment + Development Officer of PM Hotel Group.
ABOUT PM HOTEL GROUP
A Top-15 hotel management company, PM Hotel Group has over two decades of experience building relationships with brands, partners, and third-party hotel owners. We have participated in the development and acquisition of more than $3 billion in premium-branded and independent hotel properties across the United States. As an operator, PM Hotel Group is committed to its core values of respect- for one another, our guests, and the planet. We manage with a dedication to sustainability, a tradition of teamwork, and a passion for innovation and entrepreneurship. At PM Hotel Group we know that our people are our greatest resource. By focusing on our associates and the communities in which we work, we deliver strong performance for our owners. Learn more at pmhotelgroup.com
ABOUT MODUS HOTELS
Modus Hotels is a Washington, D.C. lifestyle hotel group that develops and operates a portfolio of hotels and restaurants. Designed for the independent-minded traveler, each hotel offers a unique experience for those seeking an alternative to the predictability of an ordinary hotel. Located in diverse cities and neighborhoods, Modus Hotels are designed to fit today’s traveler’s individual taste and lifestyle. Modus’ portfolio includes Motto DC, Hotel Hive, The River Inn, One Washington Circle Hotel (all in D.C.) and The Windsor Suites Philadelphia and Motto Philly in Philadelphia. In addition, Modus has two projects under development, Maison Kesh in Washington DC and the Hyatt House Orlando Hotel. Learn more at www.modushotels.com