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The Sirius Hotel Group has appointed Matt Lederer to the newly-created role of director of acquisitions, as the company seeks to grow as a specialist hotel management platform operating prime city centre hotels following its rebranding from Resident Hotels.
Lederer joins having held several senior positions within professional services, including senior vice president at JLL and development director at Marriott International, where he was involved in developing brands such as Moxy, Residence Inn and Courtyard by Marriott.
Most recently, he served as hotel acquisitions director at private equity firm Castleforge for close to six years.
The Sirius Hotel Group is targeting a portfolio expansion of over 20 hotels in the next six to 10 years, taking its total estate to more than 30 hotels.
Lederer said: “I am thrilled to be joining The Sirius Hotel Group at this pivotal stage of its expansion. The hotel sector continues to move into the mainstream as an asset class, and with it comes growing demand from investors for the experience and knowledge found across the team at The Sirius Hotel Group.”
David Orr, CEO of The Sirius Hotel Group, added: “Matt brings an exceptional track record and reputation within our sector, with deep expertise in both securing investment partners and hotel acquisitions. He will lead our growth plans as we enter the next chapter of The Sirius Hotel Group.
“Matt’s experience speaks for itself. He has a deep understanding and appreciation for hotel operations, bringing a crucial awareness of how to grow an operational business with its combination of cohesive strategies across disciplines. Our abilities across conversions, office to hotel, hotel to hotel or new developments are established, but Matt brings an entirely new dimension to our capabilities and ambition.”
