Pyramid Group Appoints Paul Sacco SVP of Business Development Team
Boston, MA - June 5, 2012 - Following a year of significant growth, Pyramid Hotel Group has announced the appointment of Paul Sacco as Senior Vice President of the Business Development Team. In his new role, Sacco helps lead the hotel acquisitions, management and asset management growth and reports to Warren Fields, Partner and Chief Investment Officer.
"Paul is a strong industry leader with extensive hotel development experience, and I am pleased to welcome him to our Boston corporate office," said Fields. "We are positioned for exceptional growth as one of the industry's most dynamic management companies, and I am confident Paul will help us accelerate our footprint in North America with great partners and hotels."
Sacco joins Pyramid from Starwood Hotels & Resorts Worldwide, where he led North America Development with an aggressive expansion strategy for each of the hotel group's nine brands. Over a nine-year span during which he progressed from Vice President of Development, East to Senior Vice President of Development, North America, Sacco proved a key player in driving Starwood's growth by 143% from 228 to 554 hotels, as well as in launching the groundbreaking brands Aloft Hotels and Element by Westin.
Previously, Sacco worked in various leadership positions in global sales, operations, and development for Swissotel, US Franchise Systems and Omni Hotels. He began his career in the hospitality industry as National Director of Sales for Omni.
Sacco has a Bachelor of Arts degree in Business Economics from Brown University. He will be relocating to his hometown of Boston with his wife Paula and their three children.
For more information on Pyramid Hotel and Resort Group, visit: pyramidhotelgroup.com.
About Pyramid Resort Group Pyramid Hotel Group is a privately held Boston-based hotel company with 68 hotels and resorts under hotel management and asset management, comprising more than 26,400 rooms and approximately 9,600 employees. Pyramid Hotel Group provides hotel management, asset management and project management services to a vast array of hotel assets ranging from a 90-room limited-service hotel to world-class properties with more than 1,000 rooms. Pyramid Hotel Group is a franchisee of all major hotel brand companies, an operator of independent four- and five-star hotels and resorts, and is the second largest U.S. hotel management company by revenue as ranked by Hotel Management Magazine. www.pyramidhotelgroup.com
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