TPG Hospitality adds Industry Veteran Paul Sacco to Senior Executive Team
PROVIDENCE, R.I.,?Oct. 2, 2013?/PRNewswire/ –?The Procaccianti Group (TPG), today announced that industry veteran and proven hospitality development executive,?Paul Sacco?has joined the Company as Chief Development Officer to grow its hospitality management affiliate; TPG Hospitality.
“TPG’s industry-leading performance and stellar reputation have been well known and recognized throughout the hotel industry for decades. When the opportunity to join TPG came about, it was a very easy decision,” states?Paul Sacco, newly appointed Chief Development Officer for TPG Hospitality. Paul continues, “In previous capacities over the years I had engaged with TPG on multiple occasions and always held the organization and its leadership in the highest regard. I look forward to building upon the foundation that TPG’s ownership has established as the company pursues hospitality management contracts, new hotel development and acquisition opportunities.”
The Procaccianti Group, and its management affiliate TPG Hospitality, have recently completed multiple large transactions including the acquisition of the Westin Chicago North Shore and have been awarded several management contracts which include the Hilton Kansas City Airport, the Hilton San Antonio and the DoubleTree North Shore in?Danvers, MA.?Additionally, the company has commenced development of several new hotels including the Hyatt House at Georgia Aquarium and the Hampton Inn & Suites in San Jose.
“I’ve worked with Paul for many years and I’m exceptionally pleased to have him a part of our leadership team,” states?James Procaccianti, TPG’s President and Chief Executive Officer. Mr. Procaccianti continues, “Paul brings a wealth of experience, extensive knowledge and a complete alignment of interests and we believe he’ll have a profound impact in helping to achieve the company’s aggressive growth plans.”
Mr. Sacco joins TPG after successful, tenured careers with Starwood Hotels & Resorts and most recently Pyramid Hotel Group. Paul will concentrate on expanding TPG Hospitality’s presence throughout?North America?by leading initiatives in securing management contracts and other hotel development opportunities. Based at the TPG Corporate Headquarters in?Rhode Island, he intends to maintain a high profile through his participation in industry conferences, professional panels and speaking engagements.