WATERFORD, Conn.--(BUSINESS WIRE)--Peter Nichols, a seasoned professional in the hospitality industry, has been named Vice President of Development for Waterford Hotel Group, one of the nation’s leading hotel management companies. Nichols brings to the company nearly 30 years of hospitality experience and an impressive track record in hotel acquisitions and development. As Vice President of Development, Nichols will direct all development efforts for Waterford Hotel Group, including third-party management and investment opportunities.
Nichols joins Waterford Hotel Group from his most recent role as Vice President for Hodges Ward Elliott, a position he held for more than 10 years, during which time he participated in more than $5.7 billion worth of hotel transactions. Previously, Nichols served as President and Founder of Signature Hotel Group and as Regional Manager/General Manager for Promus Hotels.
“Pete’s expertise and extensive experience in hotel acquisitions, development and operations makes him a great addition to our company,” commented Rob Winchester, President and COO for Waterford Hotel Group. “We look forward to continued growth for Waterford Hotel Group with Pete spearheading the business strategy for our organization.”
“Waterford has tremendous potential to grow and expand its impressive hospitality portfolio,” commented Nichols. “I look forward to sharing my insight with the Waterford team and capitalizing on the company’s outstanding track record as a leading hotel owner, developer and operator.”
Nichols holds a Bachelor of Science degree in Hospitality and Lodging Management from Johnson & Wales University. A Cheshire, Connecticut native, Nichols will return to Connecticut from Atlanta with his wife and two children.
ABOUT WATERFORD HOTEL GROUP
Waterford Hotel Group is one of the nation's leading hotel and convention center management companies. The company operates 29 properties in 8 states, representing more than 3,500 total rooms and nearly 700,000 square feet of meeting and convention space. The collective expertise of the team and track record of success has earned Waterford distinction as an approved operator for the leading hotel brands. Whether the involvement begins at conception or during operation, Waterford Hotel Group strives for successful performance and profitability of each managed property, while maintaining the highest standards of quality, service, and cleanliness. For more information, visit www.waterfordhotelgroup.com.
