PM Hotel Group Takes on Management of Four Hotels
PM Hotel Group, a Washington DC based hotel management company, today announced that it has signed management contracts to provide technical and pre-opening services for two hotels in Manhattan and two hotels in Delaware. The company will operate the hotels upon their opening in 2014.
“We are seeing increased interest in development in the current phase of the hotel economic cycle which matches up well with one of our areas of management strength—new hotels. PM Hotel Group has been involved in the development of more than 20 successful hotels over the past decade, all of which have produced excellent returns,” said Joseph Bojanowski, PM Hotel Group president. “We have a full range of development expertise, including assisting with site and brand selection, financing, construction oversight and pre-opening.”
Details about the New York properties, which will be upscale, have yet to be announced. The Delaware properties include the 180-room, four-star Westin Wilmington, which will be connected to the Chase Convention Center on the Riverfront, with a planned opening in the first quarter of 2014. “The Riverfront District is undertaking one of the nation’s most dynamic make-overs to create an entirely new urban environment. The Westin will play a key role in further enhancing this resurging area,” he said.
In nearby Newark, Del., PM Hotel Group is providing pre-opening services for the 136-room Hampton Inn & Suites Wilmington Christiana, which is under construction, and will operate the hotel following its expected opening in the second quarter of 2014. “Our long-standing and strong relationship with Hilton Worldwide helped secure the Hampton Inn brand,” Bojanowski noted. “We have developed proprietary systems that help us accelerate the ramp-up period and move properties into the black quickly. We know the East Coast markets well and believe both of these properties will be well received.”
About PM Hotel Group
Founded in 1995, PM Hotel Group is a third-party hotel management company. It offers a full range of hotel operating services ranging from accounting to human resources, sales and marketing to information technology. PM Hotel Group also has expertise in development, construction and pre-opening services. The award-winning company currently operates or is in the pre-opening stage of 26 hotels, comprising Approximately 4,100 rooms under the Hilton, Marriott, Starwood and Choice Hotels brands. PM Hotel Group is headquartered in Washington, D.C. Additional information about the company may be found at www.pmhotelgroup.com.