Pacific Hospitality Group Ventures Inc. (PHG), an Orange County, CA-based hotel management and investment company, has appointed Garrett S. Busch as its new president. In this role, Busch will oversee the portfolio of 12 independent hotels and resorts. He will succeed Paul J. McCormick, the outgoing president/COO.
Busch has served as PHG’s VP, capital markets and development since 2019 and will continue to spearhead its expansion efforts while assuming day-to-day oversight of the entire company.
“Garrett’s proven track record, business development acumen and unrivaled dedication makes him the right leader for Pacific Hospitality Group,” said company Founder/CEO Timothy R. Busch. “Garrett’s love for the business combined with his ability to run a multifaceted operation makes him the perfect leader for us. He is poised to take the helm and lead PHG to our next phase of growth.”
McCormick steps down after leading the company for the past four years. He is a seasoned hospitality veteran who has led operations for KSL Resorts, Miraval and Sage Hospitality. He led PHG to record revues in 2019 and steadfastly guided it through the COVID storm, the company reports.
“I am honored and excited by this opportunity,” said Garrett Busch. “My family’s support and team’s confidence in me has allowed me to move from growing the company to now leading the company. I am already getting to know our 1,550 team members across the country, and I am humbled by each one of them. It is a privilege to be their leader and look forward to all of the expansion and best-in-class operations our portfolio will enjoy together.”
Under Garrett Busch’s tenure as VP, capital markets, PHG acquired the Hotel Granduca in Austin in December 2020 and completed the ground-up construction of the Hyatt Place hotel in downtown Phoenix in May 2021. He recently led the company and the Busch family’s efforts to recapitalize, refinance and consolidate control of The Meritage Resort and Spa and its soon-to-be-reimagined sister property, The Grand Reserve at the Meritage, both located in the Napa Valley, CA.
Before taking the reigns of the development team, Garrett Busch spent eight years running the family winery Trinitas Cellars in Napa. During his time in Napa, he expanded the winery’s revenues and reach where he championed wine partnerships with his alma mater, the University of Notre Dame.