Dominion Grand Development Group Inc.

Dominion Grand Development Group Inc.

November 08, 2010 11:00 ET

Veteran Hotelier Michael L. Jackson To Lead Dominion Grand Hotel Group

TORONTO, ONTARIO--(Marketwire - Nov. 8, 2010) - Dominion Grand Development Group Inc. (DGDG), announced today that Michael L. Jackson, C.H.A, has assumed the position of President and Chief Operating Officer of its newly formed division, Dominion Grand Hotel Group (DGHG).

Jackson will direct and oversee all aspects of the group's growth and business operations including participation in acquisitions of new hotel assets and expanding relationships with financial partners.

Parent company, DGDG, has a long standing track record of delivering superior financial performance to its shareholders through real estate development, property management and other related investments. The Dominion Grand Hotel Group has been formed to capitalize on opportunities presented in the hotel sector, domestically and in select international markets, for ownership and operation of certain hotel assets, and provision of hotel management services to third party hotel owners.

"We are extremely pleased that Mike has agreed to join us to lead the growth and success of our hotel division," said Scott Wright, President of Dominion Grand Development Group. "He brings great depth and breadth of hotel and business experience that will enable us to quickly develop a solid position and brand awareness in the marketplace."

Mr. Jackson has been in the hospitality industry for over 35 years, and has had held a number of senior executive positions. Prior to joining Dominion Grand, he was President and Chief Operating Officer of Holloway Lodging REIT and Pacrim Hospitality Services Inc.; positions held concurrently. 

He also acted as President and Chief Operating Officer of Royal Host Real Estate Investment Trust, and was President of Choice Hotels Canada. Mr. Jackson served as Chairman of the Hotel Association of Canada and is currently a member of its Board of Directors as well as having served on numerous other industry related Boards.

About Dominion Grand Development Group Inc.

Dominion Grand Hotel Group Inc. (DGHG), is a division of Dominion Grand Development Group Inc. (DGDG) with offices based in Vancouver, Toronto and Hong Kong. Dominion Grand Development Group builds shareholder value through direct ownership and management of real estate assets, and real estate related service businesses.

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