by Business Wire | March 28, 2017 8:56 am
HVMG Design and Construction Division Maintains Aggressive Growth Appetite
ATLANTA–(BUSINESS WIRE)–Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that the company has eight new and on-going renovation and construction projects, three of which were completed recently, totaling approximately $110 million.
“HVMG offers a full suite of services for hotel owners that covers the entire spectrum of project management, from design and construction through third-party operations including revenue management and digital marketing,” said Robert Cole, HVMG president and CEO. “We have assembled and expanded an in-house team of seasoned design and construction professionals, led by industry veteran John Edwards, to provide guidance and services for third-party clients, as well as our own portfolio.”
“Our design and construction team brings more than 110 combined years of professional project management and construction experience handling more than $5 billion in development/renovation projects, ranking us among the top in our space,” said John Edwards, vice president of design & construction. “As owners and third-party operators, we understand firsthand the necessity to deliver projects on time and in budget while minimizing guest and associate disruptions.”
The eight projects include:
In addition to the ongoing and upcoming refurbishment construction projects, HVMG has completed 23 design and construction projects varying in scope from ground-up construction to complete renovations totaling approximately $85 million over the past two years. Highlights include the 292-room Hilton Houston Southwest, the 118-room Fairfield Inn by Marriott Portland Maine Mall and the 299-room Greensboro-High Point Marriott Airport hotel.
About HVMG
Hospitality Ventures Management Group is a privately owned, fully-integrated hotel investment and management group that specializes in turning around and repositioning underperforming hotels as well as maximizing the performance of stabilized hotels. It currently operates 31 hotels in 16 states totaling 5,754 guest rooms. HVMG operates independent and boutique hotels, and resorts, as well as full-service, select service and extended stay hotels under the Hilton, Marriott, Hyatt, Starwood and IHG brands. Visit www.hvmg.com[1] for more information.
Contacts
Hospitality Ventures Management Group
Chris Daly, media
703-435-6293
chris@dalygray.com[2]
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