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05 November 2024

Daily Newsletter

05 November 2024

PM Hotel Group merges with Sightline Hospitality to expand US presence

The merger with Sightline Hospitality brings 22 properties into PM Hotel Group's portfolio. 

Vidhya Edwards Munnangi November 05 2024

PM Hotel Group and Sightline Hospitality have announced a merger, marking an expansion of PM Hotel Group's footprint across the US, including a debut in the Hawaiian Islands.

The merger with Sightline Hospitality expands PM Hotel Group's portfolio with 22 properties, which are either already open or set to launch in the coming months.

It will bolster the Modus by PM Hotel Group, the lifestyle hotel division of PM Hotel Group, by introducing a presence in mountain regions, along the West Coast, and into the Hawaiian market.

The transaction also brings brands such as RESET and evo Hotels to PM Hotel’s diverse portfolio.

RESET properties focus on nature-centric experiences, and evo Hotels offer a blend of urban comfort with outdoor activity access. These brands cater to the evolving preferences of guests looking for experiential travel options.

The new properties are in line with PM Hotel’s growth strategy and diversify its geographical reach into markets where there is a growing demand for alternatives to traditional hotels.

PM Hotel Group president Joseph Bojanowski said: “Joining forces with Sightline Hospitality represents a significant milestone in PM Hotel Group's ongoing mission to elevate hospitality management standards. Our companies share a vision for redefining guest experiences and a dedication to operational excellence.

“This partnership allows us to leverage our combined expertise, expanding our footprint from coast to coast with a diverse portfolio of distinctive properties. By uniting our people and strengths, we are well positioned to meet the evolving demands of today's discerning travellers, while setting new benchmarks for innovation in our industry.”

The merged entity will operate under the PM Hotel Group name, with Sightline Hospitality's innovative approaches planned to be integrated into the company’s operations.

Sightline Hospitality president Kirk Pederson said: "This merger with PM Hotel Group represents a strategic opportunity to combine our strengths and redefine the boundaries of hospitality excellence.

“We are excited to integrate our unique culture, our people and expertise with PM Hotel Group's established record of industry leadership. Together, we are poised to set new standards in guest satisfaction and property management."

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