Peter Nichols

Vice President, Business Development
Peter Nichols, VP of Business Development at M&R Hotel Group

Prior to joining M&R Hotel Management, Peter served as the Chief Development Officer for a prominent Virginia-based hotel management company. With an impressive background spanning over 35 years in operations, management, ownership, and brokerage, Peter has cultivated a broad and profound understanding of the hospitality sector.

During his tenure as the Vice President and National Director of the National Hospitality Group at one of the largest hospitality brokerage firms in the US, Peter led a team of over 100 Investment Specialists across 40 offices nationwide. Under his guidance, the National Hospitality Group successfully closed nearly 900 transactions, representing over $4.7 billion in sales.

As the Senior Vice President of Acquisition and Development for a Midwest-based hospitality company, Peter played a key role in acquiring 20 hotels across North America, many of which were nationally branded properties. His expertise allowed him to foster strong relationships with major brands such as Marriott, Hilton, IHG, and Hyatt Hotels.

Peter’s achievements as a hospitality broker include listing, marketing, financing, and selling over 250 hotels valued at $5.7 billion. His focus on 4-5-star assets provided him with a comprehensive understanding of financial structures, marketing, project management, and renovations, creating lasting relationships with hotel owners, financial institutions, and brands.

A sought-after speaker in the industry, Peter has shared his insights at prestigious events such as The Lodging Conference, AAHOA, The Hunter Hotel Conference, Hotel Business Magazine, and Michigan State University’s School of Hospitality. Additionally, he has authored articles and featured in esteemed publications such as The Wall Street Journal, Lodging Magazine, and Hotel Management.

Beyond his professional accomplishments, Peter was a three-time All-America swimmer at Southern Connecticut State University and later majored in hospitality and lodging management at Johnson & Wales University. He holds a certificate from MIT in Commercial Real Estate Analysis and Investment. Outside the boardroom, Peter is a dedicated family man, supporting the Juvenile Diabetes Foundation and serving on the Economic Development Commission in Cheshire, CT.