Hotel management company PM Hotel Group has appointed Elizabeth Herzberg senior vice president, development. In her new role, Herzberg will lead efforts to expand the company's management portfolio, strengthen ownership relationships and support execution of PM Hotel Group's long-term growth strategy.
“Elizabeth's experience building and scaling development platforms makes her a valuable addition to our Growth + Development team,” Paul Sacco, chief growth and development officer, PM Hotel Group, said in a statement. “As we continue to strategically expand our portfolio, having leaders who understand the operational and ownership sides of mindful growth is exactly what allows us to move quickly and deliver results for our partners.”
Herzberg joins PM Hotel Group's Growth + Development team from Mint House, the residential hospitality operator acquired by Kasa in January. As one of Mint House's early growth leaders, she helped build and scale the company's development platform to more than 30 upper-upscale hotels across more than 25 U.S. markets, an effort that culminated in a successful sale of the company. Her background also includes commercial real estate advisory, capital markets, investor relations and transaction support through previous roles at CBRE and Transwestern.
As senior vice president of development, Herzberg will lead sourcing and executing new management opportunities, working directly with ownership groups and brand partners to add branded and independent hotels to PM Hotel Group's growing portfolio. The company has new hotel deals in key markets including coastal Florida, New York, Hawaii, California, Oregon and the Mountain States.