 |
| 104-room Residence Inn by Marriott Waco/South, Waco, TX |
WACO, TX, May
26, 2020 —Hospitality Ventures Management Group (HVMG),
an Atlanta-based, private hotel investment, ownership and management company,
today announced it was awarded management of the currently under-construction,
104-room Residence Inn by Marriott Waco/South in Texas.
Owned by Heritage Hospitality Group, a
hospitality ownership/development/construction management company, the hotel is
expected to open in in mid-July 2020.
“The Residence Inn by Marriott Waco/South marks our fifth hotel in Texas and
our 20th Marriott-branded property,” said Robert Cole,
president & CEO, HVMG.
 |
| Robert Cole |
“Our
familiarity with both the market and the brand will allow us to ramp up quickly
as the hotel begins its run towards segment leadership for guests looking for a
little more space.
"Additionally,
our ability to create economies of scale and share best practices will benefit
the hotel’s profitability and guest satisfaction scores.”
Located at 2424 Marketplace Drive, the four-story hotel is near Hillcrest Baptist Medical Center and
proximate to Baylor University and multiple corporate entities and situated
within the Central Texas Market Place development.
The
open-air shopping center features more than 60 retail and dining options.
Hotel amenities will include a half-sport court, outdoor pool, outdoor patio,
meeting room and fitness facility.
Designed for long stays, the brand will offer spacious suites with
separate living, working, and sleeping zones that provide guests with the space
and freedom to travel the way they like to live.
 |
| Hiren “Chico” Patel |
“With their ‘Be Excellent’ culture that enables empowered associates and
gratified partners, HVMG easily stood out from the competition as the only
operator for this unique hotel,” said Hiren “Chico” Patel, CEO, founder
and managing principal, Heritage Hospitality Group.
“Waco is one of Texas’ hidden gems, with more
than 1.7 million visitors in the first seven months of 2018 alone. With
HVMG at the helm, the Residence Inn quickly will exceed the expectations of
guests to this charming town.”
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
No comments:
Post a Comment