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| 104-room Residence Inn by Marriott Waco/South in Texas. |
WACO, TX, Oct. 13, 2020 — Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced the grand opening of 104-room Residence Inn by Marriott Waco/South in Texas.
The hotel is owned by Ridgeland, Miss.-based Wealthqq Hospitality Group, a hospitality ownership/development/construction management company.
“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 S. Cole
“Our familiarity with the market, extended-stay hotels and the Residence Inn brand will allow us to ramp up quickly and be a market leader. Additionally, HVMG brings its ‘Be Excellent’ culture and best practices to add value to the hotel’s profitability and guest satisfaction.”
Located at 2424 Marketplace Drive, the 4-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.
Based in Ridgeland, Miss., Heritage Hospitality Group owns, develops and constructs hotels throughout the United States.
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