<strong><img class="alignright size-medium wp-image-181" alt="hopspitality" src="http://www.prgim.com/wp-content/uploads/2013/08/image004-300x160.jpg" width="300" height="160" /></strong>PRG’s principals’ history in hospitality was borne from their experience with the Colony Palms Hotel.

Shortly after PRG’s predecessor company sold its commercial portfolio in 2005, the firm entered the hospitality industry by acquiring a hotel in Palm Springs and rebranding it The Colony Palms Hotel. This boutique hotel was named by Conde Nast to its prestigious ‘Hot List’, marking it one of the top new boutique hotels in the world in 2008. The Colony Palms Hotel quickly became the preferred desert destination for top Hollywood celebrities and professionals from entertainment industry.

With a team of highly talented individuals possessing unique disciplines and acting as the management company for the asset, the Colony Palms was recognized as one of the most prestigious boutique hotels and strongest boutique brands in the United States.

In addition, PRG has managed several small hotels in California with a successful track record of identifying niche areas within markets, developing the business plan and then executing to outperform projections.

PRG is focused on acquiring, developing and managing hospitality assets in California. In addition to managing assets under its own portfolio, PRG also handles third party hospitality assets.

<address><em><strong>“You and your team are to be congratulated on your early accomplishments and I wish you much success as you move forward.”</strong>
-</em>Mr. Isadore Sharp, Founder, Chairman and Chief Executive Officer Four Seasons Hotels and Resorts</address>
<h2><strong>Management Experience</strong></h2>
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