Thomas Prins Joins Hostmark Hospitality as Minority Partner

Hostmark Hospitality Group | March 18, 2019

SCHAUMBURG, Ill., March 18, 2019—Thomas Prins, principal of TQP Capital Partners, a hotel real estate private equity firm focused on value-add and opportunistic investments, today announced that he has joined Schaumburg, Ill.-based Hostmark Hospitality Group, a leading third-party hotel management company, as a minority partner. In his new role, Prins will be responsible for new business development on behalf of Hostmark and TQP Capital Partners. The affiliation of the two businesses will begin immediately. The financial terms of the transaction were not disclosed. "We were looking to align TQP Capital Partners with a proven opera...