RLH Corporation (NYSE:RLH) this week bolstered its Lodging Development division with the addition of Paul Sacco as Chief Development Officer, Upscale Brands & Corporate Development.
In his new role, Sacco will be leading and directly overseeing the franchising efforts and corporate growth of the company's upscale brands. Sacco will focus on driving further footprint advancement of the burgeoning Hotel RL brand, as well as Red Lion Hotels, Red Lion Inn & Suites, Signature Inn, Lexington and Settle Inn.
Sacco joins RLH Corporation from TPG Hotels & Resorts, where he was President & Chief Development Officer for the past four years. He had been driving the company strategy and hotel portfolio growth via acquisitions, management contracts, mergers and new construction projects. Sacco also has senior development experience at Pyramid Hotel Group and Starwood Hotels & Resorts Worldwide.
"RLH Corporation is committed to growing our franchising and corporate development efforts and we know Paul can help us meet our goals. Paul is a highly respected executive in the industry, has sat on various upscale brand advisory boards, and has a strong reputation for getting deals done. We are excited to have him help grow our company," said RLH Corporation President & CEO Greg Mount.
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