Inside Palladium Hotel Group's Expansion Plan

The hotel brand has created a new expansion department By: Camille Frigillana
Palladium Hotel Group has added a new corporate expansion department. // © 2017 Palladium Hotel Group
Palladium Hotel Group has added a new corporate expansion department. // © 2017 Palladium Hotel Group

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The Details

Palladium Hotel Group
www.palladiumhotelgroup.com

Palladium Hotel Group has set its sights on expanding in the Caribbean, Mexico, South America and Europe within the next few years after achieving a 13.94 percent year-over-year increase in profit in 2016. To achieve such aggressive growth, the company is adding a new expansion department led by Jose Matheu, development director for Palladium Hotel Group.

“We want to continue to grow in the Caribbean and enter new markets,” Matheu said. “In 2017, after internally implementing our model of moving from being owners to being managers, our priority is to grow through contracts for hotel management.” 

The new department will investigate new cost-effective ideas, further develop the Palladium brand and analyze reconversion projects with potential investment partners.

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