As Interim Manager for the Hotel Icon, Houston, Texas
RI — September 12, 2006 — HVS/American Hospitality Management Company has
taken over the management of one of Houston’s most acclaimed hotels: the
Hotel Icon, a 2006 AAA Four Diamond hotel. This exclusive property
is situated in the landmark Union National Bank building at the gateway
to downtown Houston's arts & entertainment district. Kirby D.
Payne, CHA, President of HVS/American Hospitality Management Company, made
The hotel features 135 guestrooms and nine penthouse suites; as well as Bank, a Jean-Georges Vongerichten restaurant; The Lobby Loft bar; and the BALANCE Day Spa. Hotel ICON is a member of Preferred Hotels & Resorts Worldwide, Inc.
The term of the management agreement is unusual in that the hotel is under contract for sale to a well known hotel and resort owner operator. If the sale is consummated as expected HVS/American Hospitality Management Company will manage the hotel for less than 60 days. The sale is being facilitated by HVS Capital Corp, the investment banking division of HVS International. Michael Sullivan, Managing Director, is personally overseeing this transaction.
About HVS/American Hospitality Management Company
About HVS International
HVS/American Hospitality Management Company
|Also See:||Eric Adame Appointed General Manager for Hotel ICON, Houston / November 2004|
|Benchmark Set to Open The Hotel ICON, $35-million Reinvention of Houston's Former Union National Bank Building; Includes a Jean-Georges Vongerichten Restaurant / December 2003|
|Troy Bennett has Named General Manager for Houston’s Hotel Icon; The 135 room Property Will be Benchmark's First Venture into the Small Luxury Hotel Category / June 2003|