PM Hotel Group names Art Villarreal vice president of accounting
PM Hotel Group has appointed Art Villarreal as vice president of accounting. He takes responsibility for financial operations across the company's hotel portfolio, covering both centralized and property-level accounting functions.
Hotel News Resource carried the appointment in a management appointment notice dated September 28, 2026. The notice opens with a one-line summary of the role: financial operations across the company's hotel portfolio.
PM Hotel Group is a Top-15 hotel management company founded in 1996. It is headquartered at 5425 Wisconsin Avenue in Chevy Chase, Maryland, and its portfolio page lists more than 80 hotels across 20 states.
Two accounting layers under one leader
The role combines two accounting layers. Villarreal oversees the centralized functions held by the corporate office, and he oversees the property-level accounting teams attached to individual hotels. The notice states that his responsibilities will focus on consistency, accountability and transparency in accounting operations.
The same notice sets the output of the role: prompt and accurate financial reporting in support of operational and ownership goals. Both audiences appear in that sentence. Owners hold the management agreements under which the hotels are run, and operators run the hotels day to day.
Month-end close and financial controls
Villarreal manages the company's multi-property accounting environment. The published remit puts two items at the center of the work: month-end close performance and financial controls. It adds a third objective, aligning accounting operations with the company's broader goals.
Month-end close covers the closing, review and consolidation of each property's accounts for the period. In a portfolio distributed across 20 states, that cycle runs against ownership reporting deadlines and against the operating calendar of each hotel. Financial controls set who approves a journal entry, how a variance is explained, and what evidence stands behind a reported figure.
Twenty-five years in hospitality finance
PM Hotel Group's own people page credits Villarreal with more than 25 years of hospitality accounting and finance leadership experience. It records his stated focus as developing people, strengthening accounting fundamentals and building teams that support operational excellence, and it names accountability, collaboration and continuous improvement as the culture he works to build.
Before joining the company, Villarreal held senior finance leadership positions that oversaw regional accounting teams and supported hotel portfolios across North America. That earlier work included high-volume accounting environments, the development of leadership teams, and the delivery of financial information to executive stakeholders.
The portfolio the role covers
PM Hotel Group operates branded and independent hotels across full-service, luxury, lifestyle and premium select-service segments. Its Modus by PM Hotel Group division carries the company's lifestyle and unconventional hospitality brands. Properties in the portfolio run under Marriott, Hilton and IHG systems alongside independent flags.
The portfolio page lists properties as varied as the historic Airlie in Warrenton, Virginia, and the Axiom Hotel in San Francisco. Accounting for that mix runs across management agreements, brand standards and independent operating structures at the same time.
The notice names two audiences for the reporting. Financial reporting that reaches an owner answers to a management agreement. Financial reporting that reaches a hotel general manager answers to the trading week. One vice president now holds both on the same reporting line.
Senior appointments at the company in 2026
The company's own news list records three earlier senior appointments this year: Kirk Pederson as chief operating officer on March 6, 2026, Fran Owen as senior vice president of sales on March 24, 2026, and Erica Lipscomb as executive vice president of commercial strategy on July 31, 2026.
Villarreal adds accounting and financial controls to that group. The company now carries named leaders for operations, sales, commercial strategy and finance.
What the notice states, and what it leaves open
The notice does not name Villarreal's predecessor, give a start date, state the reporting line within the executive committee, or state the size of the accounting team he inherits. It quotes no one, neither Villarreal nor a company executive. Those details sit outside the published announcement.
What the notice does state is scope. One vice president owns centralized and property-level accounting across a portfolio of more than 80 hotels in 20 states, with month-end close performance and financial controls named as the focus of the work.