PM Hotel Group Assumes Management of the Holiday Inn Hotel & Suites Alexandria – Historic District
Officials of PM Hotel Group, a leading, national hotel management company, today announced that they have taken over management of the 178-room Holiday Inn Hotel & Suites Alexandria-Historic District in Alexandria, Va. The company is set to manage strategic due-diligence as well as the day-to-day operations. With the newly added property, the company’s hotel management portfolio currently includes nearly 40 properties encompassing 9,000 rooms ranging from full- and select-service hotels and resorts to boutique properties covering significant markets nationwide.
“The company has experienced unprecedented growth of late and with the addition of well-respected brands such as the Holiday Inn Hotel & Suites Alexandria-Historic District allowing our portfolio to more than double over the past few years,” said Joseph Bojanowski, president of PM Hotel Group. “This marks our tenth hotel in the Greater DC Metro Area, which is particularly gratifying in light of the fact that our company is headquartered here, too. This provides us unrivaled market knowledge that will allow us to help the property achieve its rightful place as the market leader in its segment.”
A short drive from the nation’s capital, the Holiday Inn & Suites resides in the historic downtown area of Alexandria, Va., only minutes from the waterfront where the Torpedo Factory Art Center, shopping, restaurants, nightlife and historic attractions await. Also nearby are D.C.’s monuments and museums, Capitol Hill, the Pentagon and the Ronald Reagan Washington National Airport, accessible via the hotel’s free shuttle. The shuttle service also offers free rides to King Street and the metro station. Spacious guestrooms boast free high-speed internet, a flat screen TV, triple-sheeted beds and work desks with ergonomic chairs, while suites include additional amenities such as sleeper sofas and a mini-kitchenette. The hotel boasts the Bistro on First, a lobby cocktail lounge serving traditional American cuisine, a wide selection breakfast buffet and local specialties, seafood and steak for dinner. The hotel also provides a state-of-the-art business center, fully equipped fitness center, concierge, indoor and outdoor pool and 12,000 sq. ft. of meeting and banquet space.
Bojanowski added, “With Washington, D.C. being among the country’s top hospitality markets, we are confident that the property’s strategic location, coupled with our performance-based approach and proven track record in high capital returns, will lead the hotel towards success.”
About PM Hotel Group
PM Hotel Group (formerly PM Hospitality Strategies, Inc.) is an award-winning, independent hotel management company, operating full-service and select-service hotels in the Hilton, Marriott and IHG families of brands. Celebrating its 20 year anniversary, the company’s expertise covers all aspects of hotel operations, including development, technical consulting, marketing, accounting, and pre-opening services. The company manages nearly 40 hotel and development projects, comprised of more than 9,000 rooms, throughout the United States. Based in Washington, D.C., PM Hotel Group has participated in the development and acquisition/renovation of dozens of hotels with a market capitalization in excess of $1.5 billion. PM Hotel Group is an approved management company for all leading hotel brands. Additional information about the company may be found at www.pmhotelgroup.com.