Management company TPG Hotels, Resorts & Marinas has added industry veteran Tim Muir to its executive team as chief development officer. He is responsible for expanding the company’s property portfolio through third-party management relationships and management company acquisitions. Muir brings a strong track record within the hospitality industry of driving growth through franchising, investment and management platforms, the company reports.
“As CDO, I look forward to expanding our portfolio and working with this exceptional entrepreneurial hospitality team to continue to define the gold standard for management services in the hospitality industry,” said Muir. “I’m confident in our strategy along with the integrity of our team and sophisticated platform to perform at the highest levels of our industry.”
Prior to joining TPG, Muir was actively involved in all facets of hospitality franchising, sales and development. He most recently served as the chief sales officer for Focus Brands, where his team sold 2,000 franchises and opened 1,200 new locations. Throughout his 35-year hospitality career, he has held senior leadership positions with Choice, Wyndham, U.S. Franchise Systems and Holiday Inn Worldwide (now IHG).
“Tim Muir is one of the most accomplished development executives in our industry,” said Robert Leven, chief investment officer, Procaccianti Companies, TPG’s parent company. “With Tim on board, we intend to dramatically accelerate the growth of our platform through both individual third-party contracts and acquisitions of existing management companies.”