PM Hotel Group Assumes Management of the Holiday Inn Hotel & Suites Alexandria-Historic District in Va.

Officials of PM Hotel Group, a leading, national hotel management company, today announced that they have taken over management of the 178-room Holiday Inn Hotel & Suites Alexandria-Historic District in Va. The company is set to manage strategic due-diligence as well as the day-to-day operations. With the newly added property, the company's hotel management portfolio currently includes nearly 40 properties encompassing 9,000 rooms ranging...

WASHINGTON, D.C. -- Officials of PM Hotel Group, a leading, national hotel management company, today announced that they have taken over management of the 178-room Holiday Inn Hotel & Suites Alexandria-Historic District in Va. The company is set to manage strategic due-diligence as well as the day-to-day operations. With the newly added property, the company's hotel management portfolio currently includes nearly 40 properties encompassing 9,000 rooms ranging from full- and select-service hotels and resorts to boutique properties covering significant markets nationwide.

"The company has experienced unprecedented growth of late and with the addition of well-respected brands such as the Holiday Inn Hotel & Suites Alexandria-Historic District allowing our portfolio to more than double over the past few years," said Joseph Bojanowski, president of PM Hotel Group. "This marks our tenth hotel in the Greater DC Metro Area, which is particularly gratifying in light of the fact that our company is headquartered here, too. This provides us unrivaled market knowledge that will allow us to help the property achieve its rightful place as the market leader in its segment."

A short drive from the nation's capital, the Holiday Inn & Suites resides in the historic downtown area of Alexandria, Va., only minutes from the waterfront where the Torpedo Factory Art Center, shopping, restaurants, nightlife and historic attractions await. Also nearby are D.C.'s monuments and museums, Capitol Hill, the Pentagon and the Ronald Reagan Washington National Airport, accessible via the hotel's free shuttle. The shuttle service also offers free rides to King Street and the metro station. Spacious guestrooms boast free high-speed internet, a flat screen TV, triple-sheeted beds and work desks with ergonomic chairs, while suites include additional amenities such as sleeper sofas and a mini-kitchenette. The hotel boasts the Bistro on First, a lobby cocktail lounge serving traditional American cuisine, a wide selection breakfast buffet and local specialties, seafood and steak for dinner. The hotel also provides a state-of-the-art business center, fully equipped fitness center, concierge, indoor and outdoor pool and 12,000 sq. ft. of meeting and banquet space.

Bojanowski added, "With Washington, D.C. being among the country's top hospitality markets, we are confident that the property's strategic location, coupled with our performance-based approach and proven track record in high capital returns, will lead the hotel towards success."

About PM Hotel Group

Based in the Washington D.C. metro area, PM Hotel Group is a Top-15 hotel management company, boasting nearly three decades of experience building relationships with brands, partners, and third-party hotel owners. Involved in the development and acquisition of more than $3 billion in premium-branded and independent hotel properties from coast to coast, PM Hotel Group now operates approximately 85 hotels and resorts across the United States, including Modus Hotels by PM Hotel Group, its division of lifestyle and unconventional hospitality. Operating with a commitment to sustainability and a long-standing culture of teamwork, innovation and entrepreneurship, the PM Hotel Group team is driven to deliver robust performance for owners. For more information, visit pmhotelgroup.com, or follow along on Instagram @pm_hotelgroup and Facebook at facebook.com/pmhotelgroup.

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Development Development General Management USA & Canada United States Virginia Alexandria

A Top-15 hotel management company, PM Hotel Group has over two decades of experience building relationships with brands, partners, and third-party hotel owners. We have participated in the development and acquisition of more than $3 billion in premium-branded and independent hotel properties across the United States. As an operator, PM Hotel Group is committed to its core values of respect- for one another, our guests, and the planet.

With over 1,200 hotels worldwide, the Holiday Inn® brand is the most widely recognized lodging brand in the world. In fact, the Holiday Inn brand was one of the first international hotel brands to establish a presence in China in 1984. The Holiday Inn brand provides the services that business travelers need, while also offering a comfortable atmosphere where all people can relax and enjoy amenities such as restaurants and room service,...