PM Hotel Group: Paul Sacco is new Chief Growth & Development Officer

12.07.2024 - 19:30 / traveldailynews.com / Vicky Karantzavelou

PM Hotel Group names Paul Sacco as Chief Growth and Development Officer, leveraging his 30-year industry experience for strategic expansion in luxury hospitality.

CHEVY CHASE, MARYLAND – Hospitality management company PM Hotel Group announce the appointment of Paul Sacco as Chief Growth and Development Officer. With over 30 years of comprehensive experience in the hospitality industry, including pivotal roles at Mint House and Starwood Hotels & Resorts Worldwide, Sacco is well-equipped to lead PM Hotel Group’s strategic expansion, especially in the full-service and luxury hotel sectors across the company’s target markets.

“Paul’s proven leadership and deep industry knowledge position him well to drive PM Hotel Group’s continued thoughtful expansion, particularly across the smile states and key cities,” said Joseph Bojanowski, President of PM Hotel Group. “Our team looks forward to working with Paul to bolster our growth trajectory and enhance our portfolio with high-quality assets in strategic locations.”

In his most recent role as Chief Growth & Development Officer at Mint House, Sacco led significant expansion efforts, doubling the unit count per asset and tripling unit growth in his first 24 months through profit share management agreements, while also focusing on asset management and operational transitions. His leadership centered on developing high-end, full apartment-style residences across key U.S. cities, enhancing Mint House’s portfolio with tech-enabled features and luxurious amenities to create a superior residential hospitality experience.

During his tenure at Driftwood Capital, Sacco served as Managing Director and Chief Investment Officer, where he spearheaded investor relations, asset management and strategic growth initiatives, enhancing the company’s investment syndication practice. His leadership was instrumental in bolstering Driftwood Capital’s investment fund platform, positioned to ultimately manage over $3 billion across 100+ properties. Prior, Sacco led growth as Senior Vice President and Head of North America Development for all brands at Starwood Hotels & Resorts Worldwide, and also served in C-Level leadership hotel operator and owner roles, partnering with brands such as Marriott, Hilton, Hyatt, and IHG, as well as boutique independent assets.

Throughout his career, Sacco has demonstrated a remarkable ability to spearhead development initiatives, forge strong industry relationships, and drive significant growth. His extensive background in managing large-scale developments and enhancing brand value aligns seamlessly with PM Hotel Group’s goals to deepen its presence in the luxury market and enhance asset value through innovative management strategies via operating