July 28, 2016 6:44 pm
Published by dg_admin
Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel ownership and management company, today announced it has acquired two downtown Winston Salem, North Carolina hotels, both adjacent to the Benton Convention Center which is currently under an $18 million renovation: the 315-room Marriott and the 146-room Embassy Suites. The company will invest significant capital to dramatically enhance the product of both hotels.
July 26, 2016 6:40 pm
Published by dg_admin
Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel management company, today announced that it was awarded management of the 124-room Courtyard by Marriott Atlanta Airport West.
July 25, 2016 6:55 pm
Published by dg_admin
Professional Hotel Asset Managers and Senior Executives across the region attend the inaugural General Assembly hosted by Hospitality Asset Managers Association MEA (HAMA MEA) during the Arabian Hotel Investment Conference (AHIC)
July 25, 2016 - The Middle Eastern affiliate of the globally renowned Hospitality Asset Managers Association (HAMA) hosted its first annual general assembly during AHIC 2016. The event was attended by professional asset managers & senior executives from leading Hospitality real estate investment organizations from across the region.
July 21, 2016 6:52 pm
Published by dg_admin
The Emirates Academy of Hospitality Management (EAHM), one of the world’s leading hospitality management schools and part of Jumeirah Group, recently signed a cooperation agreement with the Hospitality Asset Managers Association of Middle East and Africa (HAMA MEA).
July 13, 2016 6:38 pm
Published by dg_admin
The International Society of Hospitality Consultants (ISHC) today announced that nominations now are open for the second annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. Launched last year in honor of Lori Raleigh, founder of the Travers Group and executive director of ISHC 2000-2013, the award honors young, successful industry professionals with leadership qualities in hospitality consulting.
July 12, 2016 6:48 pm
Published by dg_admin
Alfa Development, one of Manhattan’s leading real estate companies, will be opening its first boutique hotel project, HGU New York. Alfa Development has invested $18 million in renovations of HGU New York, located in the NoMad District at 34 East 32nd Street. The hotel will manifest the city’s history through its original architecture, curated art programming and multifaceted eclectic design.
June 16, 2016 6:35 pm
Published by dg_admin
Officials of the Southern Lodging Summit, an annual gathering of hoteliers specializing in development and operations in the southern United States, today announced it will host its 14th annual conference August 16-17 in Memphis, Tenn. The conference will commence with the organization’s signature luncheon at the world famous Rendezvous BBQ Restaurant, offering networking opportunities with industry experts and event speakers. Among them is keynote speaker and distinguished hospitality professional, Fred Kleisner. Other conference features include a tour of the TRU by Hilton model hotel room and lobby, providing attendees a more interactive experience.
June 13, 2016 6:13 pm
Published by dg_admin
Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel management company, today announced that it had signed a management agreement to operate the 100-room and suites Borrego Springs Resort & Spa in Borrego Springs, Ca. The property recently was acquired by Borrego Nazareth LLC.
June 13, 2016 6:12 pm
Published by dg_admin
Officials of Peachtree Hotel Group (PHG), one of the nation’s fastest growing hotel investment and management platforms, today announced that it is adding ten hotels to its expanding portfolio of select-service properties nationwide. Four hotels are under contract for acquisition and are expected to close within the next 60 days. The company also has six additional properties in various stages of development. PHG’s management arm will operate all ten hotels upon consummation of the transactions/openings. Aggregate investment across the ten hotels is approximately $183 million.
June 6, 2016 6:08 pm
Published by dg_admin
The U.S. hotel market suffered a 0.5 percent decline in occupancy during the first quarter of 2016. This is the first year-over-year decline in occupancy since the fourth quarter of 2009 according to STR.
