Peter Penev is Managing Director of PVP Hospitality LLCC, providing institutional style advice to clients with a primary focus on new development, contract negotiations, repositioning and pre-opening services. PVP Hospitality is currently asset managing over 1,000 guest rooms of both five and four-star international branded properties.
Prior to founding the company, Mr. Penev worked as a Vice President of Acquisitions & Development for Hyatt Hotel Corporation and was responsible for the development of all Hyatt brands in the Middle East and Africa. Over a period of five years, he was responsible for the successful execution of over 30 management and franchise deals across the region. Before joining the transactional side of the business, Mr. Penev was Director of Feasibility and Development Finance for Hyatt Hotel Corporation both in EAME and North America.
He started his hospitality career with Fairmont Hotels & Resorts focusing on operational analysis and hotel finance and received a bachelor’s degree from Cornell University, School of Hotel Administration with a focus in Real Estate and Finance.