CRANSTON – Paul J. Sacco has been promoted at The Procaccianti Group, a real estate investment and management company, to president and chief development officer of its newly named hotel division, TPG Hotels & Resorts.
Sacco, who previously was the chief development officer, will help lead overall strategic direction at the company, which operates 60 hotels nationally and has a portfolio of $840 million in hotel revenue under management, according to a news release.
A graduate of Brown University, he joined TPG in 2013. He previously worked for Boston-based Pyramid Hotel Group and New York-based Starwood Hotels & Resorts Worldwide, according to his online LinkedIn profile.
In Rhode Island, the company holdings include the Hilton Garden Inn Providence and the proposed Residence Inn Providence, a project under development.
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