TPG Hospitality Opens the Holiday Inn Hartford - East

PROVIDENCE, R.I., July 16, 2013 /PRNewswire/ -- The Procaccianti Group (TPG), announced that its construction affiliate, TPG Construction, has completed the renovation and conversion of the former Sheraton East Hartford Hotel. The property has been rebranded to the Holiday Inn East Hartford following a 6 month, multimillion dollar renovation which includes extensive exterior and interior upgrades to the newest standards of the recent brand relaunch by Holiday Inn. The hotel, owned by The Procaccianti Group, will be managed by its hospitality affiliate TPG Hospitality.

"Our guests will see dramatic changes throughout the entire hotel inside and out from our new exterior facade and port cochere to the welcoming new lobby. Each of the 215 guestrooms have undergone complete floor-to-ceiling transformations that deliver all the modern amenities travelers demand," states Johan Liebenberg, General Manager of the new Holiday Inn East Hartford. Mr. Liebenberg continues, "The rooms feature new carpets & wall coverings, new furniture & fixtures and renovated bathrooms.  Guests will also enjoy the new high definition flat screen televisions and state-of-the-art high speed internet access. This has been a very extensive renovation".

The hotel's public areas have received significant upgrades including renovations to the main lobby, registration desks, indoor pool, expanded fitness center and a modern business center.   The hotel boasts over 8,500 square feet of function space which has also been updated with new audio-visual equipment and scalable technology for use in the intimate conference rooms and larger meeting rooms.

Liebenberg concludes, "While business travelers have long enjoyed the close proximity to Bradley International Airport and easy access to Interstates 84 and 91, these new additions are sure to help build upon the hotel's reputation as one of the premier corporate venues in the area".

About The Procaccianti Group (TPG)

The Procaccianti Group (TPG), founded in 1964, is a second generation privately‐held real estate investment and management company with a broad national platform concentrated on quality hospitality and multi-family assets. Throughout five decades the Company has owned or managed hundreds of real estate assets surpassing 50 million square feet with a value exceeding $5 billion.

TPG has established an outstanding track record of creating value by reversing operating inefficiencies of hotels, restaurants, retail outlets, parking facilities and convention centers. TPG's value‐add model is achieved through a fully integrated approach that drives deployment of the company's aggressive operations, asset management, financial management, product positioning, and sales & revenue management strategies.

For more information go to www.tpgcompanies.com.

SOURCE The Procaccianti Group (TPG)

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