Andy Wardner |
ATLANTA, GA, May 29, 2018—Hospitality Ventures
Management Group (HVMG), an Atlanta-based, private hotel investment, ownership
and management company today announced that Andy Wardner has joined the
company as director of acquisitions and financial analysis.
In
his new role, Wardner will help evaluate and underwrite new hotel acquisitions
and third-party management opportunities. Also, he will provide
feasibility insight and perform valuation analysis for targeted opportunities
which include independent and boutique hotels and resorts, as well as
full-service, select-service and extended-stay hotels under the Hilton,
Marriott, Hyatt, and IHG brands.
“Andy brings with him two decades of financial analysis expertise, combined
with ‘plug and play’ transactional experience in virtually all commercial real
estate classes, but with a primary focus on hotels,” said Mary Beth
Cutshall, SVP and Chief Business Development Officer.
“Over the course of his career, Andy
has been integral in the deployment of more than $4 billion on behalf of some
of the world’s largest international investment firms, including Starwood
Capital, and oversaw the asset management of a 15-hotel portfolio.
HVMG’s vision is to be the most sought-after employer, operator
and partner in the hospitality industry, and we are confident Andy’s
contribution in his new role with the company will help HVMG continue to
achieve our aggressive growth goals.”
Mary Beth Cutshall |
Previously, Wardner was managing director of Paramount Lodging
Advisors, where he was responsible for brokering hotel transactions,
particularly full-service hotels, and business development throughout the
Southeast.
Prior to that, he held numerous positions with
Starwood Capital Group, culminating in a vice president of asset
management. In that role, he oversaw the capital investment, asset
management and disposition of a portfolio of commercial real estate investments
worldwide including several hotels.
Wardner received his Master of Business
Administration in Finance from the Robinson School of Business at Georgia State
University and his Bachelor of Science in Business Administration and Finance
from the Terry College of Business at the University of Georgia. Wardner
holds a Georgia Real Estate License and has been a member of ULI and the
Atlanta Hospitality Alliance.
“HVMG has a tremendous track record of turning around hotels
through a combination of strategic value-add investments, operational
initiatives and improved guest service. I’m thrilled to be joining such a
talented and dynamic team to deliver further success for our hotel owners,”
said Wardner.
For more
information, please contact:
CHRIS DALY
PRESIDENT
DALY GRAY PUBLIC
RELATIONS, INC.
620 Herndon Parkway,
Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553