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| Robert S. Cole |
ATLANTA, GA – Hospitality Ventures Management Group (HVMG),
an Atlanta-based, private hotel ownership and management company, announced it has signed an agreement to provide third-party management services
for the recently announced ground up new development Union Tower West, a 212,000 square foot building featuring the
city’s first Hotel Indigo® hotel.
The property is at 1801 Wewatta St., adjacent to Denver’s newly redeveloped Union
Station.
The hotel is being co-developed by Portman Holdings, a real
estate developer with a focus on hospitality, office, and mixed-use properties,
and Hensel Phelps, one of the nation’s largest general contractors and
construction managers.
“This
marks our second Hotel Indigo collaboration with Portman Holdings,” said Robert S. Cole, HVMG president and
CEO.
“In addition to the Denver
property, which also happens to be the first Hotel Indigo® in Colorado, we
currently are providing pre-opening services and will manage the adaptive reuse
206-room Hotel Indigo® hotel in downtown Atlanta.
“We will continue to seek out partnerships with
best-in-class capital partners and developers such as Portman as we pursue our
growth strategy of acquiring and developing premium branded, full-service and
independent properties. We appreciate
Portman’s confidence in our ability to add value to their impressive portfolio
of hotels."
For a complete copy
of the company’s news release, please contact:
Chris Daly
Daly Gray, Inc.
703-435-6293
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