PM Hotel Group Assumes Management of the Four Points by Sheraton Raleigh North in North Carolina
RALEIGH, N.C. November 14, 2016 — Officials of PM Hotel Group, a leading, national hotel management company, has signed an agreement to operate the Four Points by Sheraton Raleigh North in N.C. The hotel is reinventing itself by undergoing a multi-million-dollar renovation with an expected completion date of January 2017. PM Hotel Group is working with the owner on a complete renovation, including the total refurbishment of all guest rooms, public area and meeting space.
PM Hotel Group has more than doubled its portfolio over the past few years and with the addition of the Four Points by Sheraton Raleigh North now boasts a management portfolio of more than 40 properties, covering full- and select-service hotels and resorts, as well as boutique hotels in key markets across the country.
“Following the completion of this multi-million-dollar renovation, the hotel will regain 'like-new' status, clearly positioning it as the area's hotel of choice for discerning travelers,” said Joseph Bojanowski, president of PM Hotel Group. “Part of North Carolina's Research Triangle, Raleigh is one of the country's most vibrant and active centers for technology and biological research, as well as being home to a thriving retail scene, creating innumerable business and leisure demand generators. We are confident this hotel soon will regain its standing as the 'go-to' destination for area visitors.”
Conveniently located near downtown Raleigh, the hotel is just a few minutes away from the State Capitol Building and near the Adventure Landing Theme Park, the Factory Ice House, Marsh Creek Park, Mordecai Historic Park, BMX racetrack, Time Warner Pavilion and the Raleigh-Durham International Airport. The renovation will bring the hotel in line with Four Points by Sheraton's brand standards, including contemporary American cuisine at Fuel, a 24-hour fitness center and an indoor pool. An ideal destination for business meetings and weddings, the hotel offers 2,200 square feet of flexible meeting space across three meeting rooms. Guests will enjoy essentials like fast and free Wi-Fi throughout the hotel, plus the brand's iconic Best Brews and BBQ™, including refreshing local craft beers and seasonal BBQ-style appetizers at the hotel lounge or gathered around the fire pit on the outdoor patio.
“The hotel is being reimagined to appeal to travelers with a millennial mindset who prefer genuine, experiential travel that incorporates local flair with neighborhood appeal along with the latest in hotel amenities and conveniences,” Bojanowski added. “Including the Four Points by Sheraton Raleigh North, PM Hotel Group will oversee more than $20 million in hotel renovations in 2016, further complementing our full suite of operational services, from site selection through long-term strategic planning and divestment. We trust that our innovative approach, coupled with our industry and market expertise, quickly will help position the hotel as the segment leader in the Raleigh area.”
About PM Hotel Group
PM Hotel Group (formerly PM Hospitality Strategies, Inc.) is an award-winning, independent hotel management company, operating full-service and select-service hotels in the Hilton, Marriott and IHG families of brands. Celebrating its 20 year anniversary, the company's expertise covers all aspects of hotel operations, including development, technical consulting, marketing, accounting, and pre-opening services. The company manages over 40 hotel and development projects, comprised of more than 9,000 rooms, throughout the United States. Based in Washington, D.C., PM Hotel Group has participated in the development and acquisition/renovation of dozens of hotels with a market capitalization in excess of $1.5 billion. PM Hotel Group is an approved management company for all leading hotel brands. Additional information about the company may be found at www.pmhotelgroup.com.
Contact:
Sonia Abdulbaki
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703-435-6293
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
