The Procaccianti Group has announced the promotion of Paul Sacco to president & chief development officer of the company’s newly-named hotel division, TPG Hotels & Resorts. Sacco will lead the overall strategic direction of the hotel division, which currently operates 60 hotels nationally with over $840M of hotel revenues. Prior to joining TPG in 2013, Sacco held a number of positions at Starwood Hotels & Resorts Worldwide, ending up as senior vice president of development for all brands-North America. Sacco has served in various leadership positions with internationally recognized companies such as Swissôtel, Pyramids Hotels, US Franchise Systems and Omni Hotels. Sacco holds a Bachelor of Science degree in Business Economics from Brown University.
“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.”
