ATLANTA, GA – Hospitality
Ventures Management Group (HVMG), an Atlanta-based, private hotel management
company, revealed that it has more than $200 million in its current development
and construction pipeline. The
assignments are a mixture of new build and renovation projects.
“With the hotel industry
enjoying some of its highest periods of occupancy and ever increasing ADR,
savvy hoteliers are getting ahead of the game by either building new product or
improving what already is in the portfolio to meet the demands of today’s
travelers,” said Robert S. Cole,
HVMG president and CEO.
“The leading industry experts continue to
predict robust industry growth in the near term. We are positioning our strategy and portfolio
to maximize this growth.”
For a complete copy of the company’s news release,
please contact:
Chris Daly
703-435-6293
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