<strong>History</strong>
The principals’ history began with its development and management of the Colony Palms Hotel in Palm Springs, California.

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.  

PRG’s principals’ history in hospitality was borne from their experience with the Colony Palms Hotel.  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.

Praise for the Colony Palms Hotel—click for quote

Quotes from five or six publications

Quote from Four Seasons Founder, Isadore Sharp

<strong>Management Experience</strong>
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.


1.	Colony Palms Hotel—photo.  Brief paragraph to be added.

2.	Granada Hotel and Bistro—photo.  Praised by the New York Times as “San Luis Obispo’s first luxury boutique hotel” in December 2012, the intimate boutique is located in an urban locale.  The property was originally built in 1929 and was completely restored with a modern industrial design centered upon the vibrant restaurant and bar.

3.	The Alcazar.  The hotel was acquired via bankruptcy in 2010 and was profitably operated under its prior name for 14 months.  The Alcazar was rebranded and introduced to the market as an eclectic boutique hotel in the Uptown (Design District) in Palm Springs.

4.	Su Casa Venice Beach.  Located on the strand in Venice, California two blocks from Abbot Kinney Blvd., this property is in the middle of a repositioning as the preferred boutique hotel for creative types and international travelers seeking an urban eclectic experience.
