hospitality ventures management group
Hospitality Ventures Management Group (HVMG) Adds Three Hotels to Portfolio
Hospitality Ventures Management Group | May 29, 2024
Company Names Heidi Nielsen VP of Business Development ATLANTA, May 29, 2024—Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, today provided results for the company’s first quarter of 2024, including the addition of three, new third-party hotel management agreements and above-industry average results in revenue per available room (RevPAR) and RevPAR growth. Additionally, the company named Heidi Nielsen vice president of business development. “With the addition of these three hotels, HVMG remains on track to maintain 20% annualized growth,” said Robert Cole, president and chi...
Hospitality Ventures Management Group (HVMG) Names Linda Philp Senior Vice President & Chief Financial Officer
Hospitality Ventures Management Group | May 6, 2024
ATLANTA--Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, today announced that the company has named Linda Philp, CPA, senior vice president & chief financial officer. In her role, she will be responsible for the company’s accounting, financial reporting, tax, systems optimization/technology and risk management functions. “Linda brings with her a wealth of finance and accounting expertise that will not only provide support for our property-level general managers and directors of finance/controllers but will also serve as a valued strategic partner for our owners and investors...
Courtyard Edison Woodbridge Completes $6 Million Renovation
Hospitality Ventures Management Group | May 24, 2023
EDISON, N.J., May 24, 2023—Officials of the 149-room Courtyard Edison Woodbridge today announced the completion of a $6 million renovation. To celebrate the event, the hotel hosted an open-to-the-public ribbon cutting ceremony on May 19, 2023, with Mayor Sam Joshi in attendance. The Courtyard is operated by Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company. “With the completion of this top-to-bottom renovation, the hotel has achieved ‘like-new’ status to provide business and leisure travelers with the most up-to-date and requested amenities available withi...
HVMG Adds 117-Room Holiday Inn Steamboat Springs in Colorado to Management Portfolio
Hospitality Ventures Management Group | January 17, 2023
STEAMBOAT SPRINGS, Colo., Jan. 17, 2023—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that the 117-room Holiday Inn Steamboat Springs in Colo. was added to its portfolio of third-party managed hotels across the U.S. The hotel is owned by Mission Hill Hospitality, an affiliate of KSL Capital Partners focused on select-service and extended-stay hotels. “With an appetite for sustainable growth to our ever-expanding portfolio of third-party managed hotels, we will continue to seek ‘best-in-class’ partners like Mission Hill,” said Robert S. C...
Hospitality Ventures Management Group (HVMG) Adds The 111-Room Darwin Hotel to Management Portfolio
HVMG | December 14, 2022
ATLANTA, Dec. 14, 2022—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that it has added the 111-room Darwin Hotel to its portfolio of third-party managed hotels across the U.S. HVMG oversaw the complete rebranding and renovation of the former independent hotel. “The Darwin Hotel is a perfect complement to our growing number of independent, third-party operated hotels,” said Robert S. Cole, president and chief executive officer, HVMG. “From the Borrego Springs Resort & Spa in California to the Plunge Beach Resort in Florida, HVMG has dev...
HVMG Adds 112-Room Aloft Lawrenceville Sugarloaf to Management Portfolio
Hospitality Ventures Management Group (HVMG) | November 8, 2022
LAWRENCEVILLE, Ga., November Nov. 8, 2022—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that it added the brand-new, 112-room Aloft Lawrenceville Sugarloaf to its third-party hotel management portfolio. Owned by the RADCO Companies, the recently developed five-story hotel just opened for business in early October. “We continue to seek best-in-class partners like the RADCO Companies as we pursue growth both locally and nationally," said Robert Cole, president & chief executive officer, HVMG. “Our familiarity with both Metro Atlanta a...
HVMG Awarded Management of 195-Room REVERB by Hard Rock Downtown Atlanta
Hospitality Ventures Management Group | October 18, 2022
ATLANTA, October 18, 2022—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that it been selected to operate the 195-room REVERB by Hard Rock Downtown Atlanta. The recently opened hotel is owned by Bolton Atlanta, an affiliate of Dezhu US, a multi-class development company. “There are few things more exciting for a hotelier than assistant and supporting the launch of a new brand, and the REVERB brand and concept is best in class," said Robert Cole, president & chief executive officer, HVMG. “Designed with Hard Rock’s sensibilities and ...
Hospitality Ventures Management Group (HVMG) Names Peter Hoffman Senior Vice-President, Select Brands
Hospitality Ventures Management Group | May 17, 2022
ATLANTA, May 17, 2022—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that it has named Peter Hoffman senior vice-president, select brands. In his new role, Hoffman will oversee and be responsible for the performance of the company’s existing portfolio of select-service brands. “Adding Peter to our team marks the culmination of an intensive and targeted effort that will augment the support provided to all of our key stakeholders, including our general managers, owners and brand partners,” said Robert S. Cole, president and chief executive offi...