{"id":1004142774,"date":"2016-04-26T01:42:05","date_gmt":"2016-04-26T09:42:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004142774"},"modified":"2025-02-19T02:53:36","modified_gmt":"2025-02-19T10:53:36","slug":"procaccianti-groups-hotel-division-promotes-new-president-cdo","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/procaccianti-groups-hotel-division-promotes-new-president-cdo\/","title":{"rendered":"Procaccianti Group\u2019s Hotel Division Promotes New President &#038; CDO"},"content":{"rendered":"<div id=\"attachment_1004142775\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Paul_J_Sacco_hi_res.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004142775\" data-attachment-id=\"1004142775\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/procaccianti-groups-hotel-division-promotes-new-president-cdo\/paul_j_sacco_hi_res\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Paul_J_Sacco_hi_res.jpg\" data-orig-size=\"841,798\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Paul Sacco, president &#038; chief development officer, TPG Hotels &#038; Resorts\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Paul Sacco, president &#038; chief development officer, TPG Hotels &#038; Resorts&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Paul_J_Sacco_hi_res.jpg?w=841\" class=\"wp-image-1004142775 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Paul_J_Sacco_hi_res.jpg\" alt=\"Paul Sacco, president &amp; chief development officer, TPG Hotels &amp; Resorts\" width=\"300\" height=\"285\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Paul_J_Sacco_hi_res.jpg 841w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Paul_J_Sacco_hi_res.jpg?resize=300,285 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Paul_J_Sacco_hi_res.jpg?resize=768,729 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004142775\" class=\"wp-caption-text\">Paul Sacco, president &amp; chief development officer, TPG Hotels &amp; Resorts<\/p><\/div>\n<p><strong>Providence, R.I.<\/strong>\u2014Rhode Island-based real estate investment and management company <a href=\"https:\/\/www.tpgcompanies.com\/\" rel=\"nofollow noopener\" target=\"_blank\">The Procaccianti Group<\/a> recently announced the promotion of Paul Sacco to the position of president &amp; chief development officer of <a href=\"https:\/\/www.tpghotelsandresorts.com\/\" rel=\"nofollow noopener\" target=\"_blank\">TPG Hotels &amp; Resorts<\/a>, its newly-named hotel division.<\/p>\n<p>At the time of publication, the TPG portfolio comprised 60 properties nationwide with hotel revenues under management in excess of $840 million. Apart from continuing to focus on the company&#8217;s growth, Sacco will also help in spearheading the division\u2019s overall strategy.<\/p>\n<p>\u201cPaul has helped us accelerate from a well-known <a href=\"https:\/\/www.commercialsearch.com\/news\/hotel\/\" target=\"_blank\" rel=\"noopener\">hotel real estate<\/a> investment company into a true force within the hospitality <a href=\"https:\/\/www.commercialsearch.com\/news\/property-management\/\" target=\"_blank\" rel=\"noopener\">management industry<\/a>. TPG has evolved into a sought-after hotel management powerhouse, both for our existing and new capital partners,\u201d Jim Procaccianti, president &amp; CEO of the Procaccianti Group, said in a prepared statement.<\/p>\n<p>Sacco joined TPG in 2013. Prior to this, he held several important positions with Starwood Hotels &amp; Resorts Worldwide, most recently working as senior vice president of development, all-brands, North-American division. During his tenure with Starwood, the company\u2019s North American portfolio grew by 143 percent. At the same time, he played an important role in <a href=\"https:\/\/www.commercialsearch.com\/news\/starwood-launches-major-expansion-of-mid-market-brands-in-india\/\" target=\"_blank\" rel=\"noopener\">launching the Aloft Hotels<\/a> and Element by Westin brands. Before Starwood, Sacco held leadership positions with Swiss\u00f4tel, Pyramids Hotels, US Franchise Systems and Omni Hotels. He is a Brown University alumnus, having been awarded a Bachelor\u2019s of Science degree in business economics.<\/p>\n<p><em>Image courtesy of the Procaccianti Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meet Paul Sacco, president &#038; chief development officer of TPG Hotels &#038; Resorts, a division of the Procaccianti Group. <\/p>\n","protected":false},"author":1269,"featured_media":1004142775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21751,21742,10,21744,21785],"tags":[],"class_list":["post-1004142774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotel","category-latest","category-northeast","category-people","category-property-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Procaccianti Group\u2019s Hotel Division Promotes New President &amp; CDO - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/procaccianti-groups-hotel-division-promotes-new-president-cdo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Procaccianti Group\u2019s Hotel Division Promotes New President &amp; CDO\" \/>\n<meta property=\"og:description\" content=\"Meet Paul Sacco, president &amp; chief development officer of TPG Hotels &amp; Resorts, a division of the Procaccianti Group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/procaccianti-groups-hotel-division-promotes-new-president-cdo\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-26T09:42:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T10:53:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Paul_J_Sacco_hi_res.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"841\" \/>\n\t<meta property=\"og:image:height\" content=\"798\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/procaccianti-groups-hotel-division-promotes-new-president-cdo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/procaccianti-groups-hotel-division-promotes-new-president-cdo\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"Procaccianti Group\u2019s Hotel Division Promotes New President &#038; 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