Tuesday, June 9, 2020

Hospitality Ventures Management Group (HVMG) Awarded Management of Four Upscale Hotels


  
Robert S. Cole

ATLANTA, GA, June 9, 2020 —Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced it has assumed management of a four-hotel portfolio of upper upscale and upscale independent and Hilton-branded hotels located in Fla., Okla., and Texas. 

The 248-room Hilton Dallas/Southlake Town Square, the 227-room Hilton St. Petersburg Carillon Park, the 161-room Hilton Garden Inn Oklahoma City Airport and the 139-room Islander Resort on the beach in Islamorada, Fla., are owned by Hobbs & Curry Family Limited Partnership, LLP, a private owner and developer of hotels across the United States.

            “As the industry enters the next phase towards recovery, owners want experienced operators with true differentiators that stand out," said Robert Cole, president & CEO, HVMG. 

139-room Islander Resort on the beach in Islamorada, FL

 "We have not only weathered previous downturns, but have actual case studies and proven results of turning around underperforming hotels and maximizing their bottom line profitability, through both the ramp up of revenue and the reduction of payroll and expenses.

 “HVMG has undergone multiple economic cycles, and while this coronavirus is certainly in a class of its own, there are overarching lessons we have learned and strategies we can implement from previous cycles. 

 "We will continue utilizing those experiences and best practices for this portfolio.”


 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

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