PM Hotel Group Completes Multi- Million Dollar Renovation of 353-Room Sheraton Raleigh Hotel

. February 13, 2017

RALEIGH, N.C. February 13, 2017 — Officials of PM Hotel Group, a leading, national hotel management company, today announced that it has completed the multi-million renovation of the 353-room Sheraton Raleigh Hotel in North Carolina. This marks the first of four planned renovations the company expects to complete in 2017.

The full renovation included a top-to-bottom refurbishment of guestrooms, corridors, fitness center and club lounge. Guestrooms received new beds, furniture with integrated power, hardwood flooring, bathroom updates and headboards with reading lamps. Additionally, the hotel received new furniture and decor updates for both the lobby and the Sheraton Club Room, as well as Sheraton Link enhancements. The Sheraton Raleigh now is one of the first hotels to incorporate Marriott's new vision for its largest brand, the Sheraton 2020 plan. The program aims to establish Sheraton as the global brand of choice through such actions as increased marketing and opening 150-plus new properties by the end of the decade.

“While we are most commonly perceived as an operator only, we also provide a number of additional advisory hospitality services, including capital planning and facilities management, which oversees renovation projects such as these, as well as finance & accounting, information systems and human resources,” said Joseph Bojanowski, president of PM Hotel Group. “As a result of this extensive renovation, the hotel already has received a '2017 Top New or Renovated Meeting Site Award' from ConventionSouth Magazine. With its 'like-new' status, we are confident the hotel quickly will regain its rightful position as the destination of choice for business and leisure travelers to the Research Triangle area of North Carolina.”

Situated at 421 South Salisbury Street, the Sheraton Raleigh is less than one block from the Raleigh Convention Center and within walking distance of the state capitol, museums, restaurants, nightlife, the Duke Energy Performing Arts Center and Red Hat Amphitheater. The hotel features include Jimmy V's Osteria + Bar, which has quickly become one of Raleigh's most popular gathering spots. The hotel's boasts more than 18,000 square feet of meeting space, indoor heated pool, jacuzzi, fitness space and business center.

About PM Hotel Group

PM Hotel Group is a top 25, award-winning hotel management company, operating full-service and select-service hotels in the Hilton, Marriott, Starwood, IHG and independent 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 nearly 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:
Chris Daly
[email protected]
(703) 435-6293

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