BPG To Manage $50M Pipeline in Beijing

WASHINGTON, DC-Buccini/Pollin Group, an East Coast investment and development stalwart that runs its hotel operations out of Washington, DC, is venturing abroad for new opportunities. On the heels of its newly established regional office in Baltimore , BPG is planning to open a fourth regional office in Beijing, Christopher Buccini, one of the founding partners of BPG tells GlobeSt.com in an exclusive interview.

“There are so many exciting opportunities in China in tier one and tier two markets and there are virtually no other American hotel developers and owners looking in the market,” he says.

From its stateside perch the company has been pursuing opportunities in China, he adds: it is in advanced negotiations for two five-star hotels located in tier-one and tier-two cities with an aggregate value of $50 million. BPG expects to close on the cumulative 500-keys within the next six months, he says.