Wednesday, April 27, 2016

The Procaccianti Group Promotes Paul Sacco to President and Chief Development Officer of TPG Hotels and Resorts

Paul Sacco

 Cranston, RI — The Procaccianti Group, a privatelyheld real estate investment and management company, today announced the promotion of Paul Sacco to president & chief development officer of its dynamic and newly-named hotel division, TPG Hotels & Resorts.

Jim Procaccianti
While he continues to focus on driving the overall growth of the company, in his new role as president, Sacco will help lead the overall strategic direction of TPG, which currently operates 60 hotels nationally with over $840M of hotel revenues under management.

“Paul has demonstrated a strong ability to strengthen relationships with our constituents, as well as open doors to new investment partners because of his proven track record and extensive industry relationships,” said Jim Procaccianti, president and CEO of the Procaccianti Group.

 “Paul has helped us accelerate from a well-known hotel real estate investment company into a true force within the hospitality management industry. TPG has evolved into a sought-after hotel management powerhouse, both for our existing and new capital partners.

“ We have every confidence that Paul will continue to lead TPG Hotels & Resorts’ growth into the future.”

 For a complete copy of the company’s news release, please contact:

Chris Daly, media
(703) 435-6293

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