embassy suites winston salem
Hospitality Ventures Management Group (HVMG) Completes Sale and Retains Management of Embassy Suites Winston-Salem
Hospitality Ventures Management Group | December 11, 2017
ATLANTA, December 11, 2017–-Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced it has completed the sale of the 146-suite Embassy Suites located in downtown Winston-Salem, N.C. HVMG will retain management of the property. "We are excited to remain as manager of the Embassy Suites Winston-Salem," said Robert S. Cole, president and CEO, HVMG. "The Embassy Suites retains fantastic upside potential, and we are confident our familiarity with both the hotel and the marketplace will continue to allow it to enjoy market dominance. With six properties ...
Hospitality Ventures Management Group (HVMG) Acquires Marriott and Embassy Suites in Winston-Salem, North Carolina
Hospitality Ventures Management Group | July 28, 2016
ATLANTA, Ga. (July 28, 2016) – Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel ownership and management company, today announced it has acquired two downtown Winston Salem, North Carolina hotels, both adjacent to the Benton Convention Center which is currently under an $18 million renovation: the 315-room Marriott and the 146-room Embassy Suites. The company will invest significant capital to dramatically enhance the product of both hotels. "North Carolina continues to be one of the more attractive hotel marketplaces in the U.S., with domestic travelers spending more than $20 billion across the state ...
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