HVMG Expands Nationwide Portfolio with Nine New Hotel Management Agreements

Hospitality Ventures Management Group (HVMG) has added nine hotels to its portfolio, including one ground-up development, expanding its footprint across the southeastern, western, and central United States. The hotels total 1,485 rooms and comprise Marriott-, Hilton-, and IHG-branded and independent hotels. HVMG has also expanded its corporate leadership team and launched Elevate Renovations + Development, a project manager and asset lifecycle services provider.

Atlanta-based Hospitality Ventures Management Group (HVMG) has added nine hotels to its portfolio, including one ground-up development, further expanding its footprint across the southeastern, western, and central United States. The new additions total 1,485 rooms and include Marriott-, Hilton-, and IHG-branded hotels as well as independent properties [1].

HVMG's latest acquisitions bring the company's total portfolio to 53 hotels and one convention center, with over 8,500 guest rooms across 16 states [1]. The expansion is part of HVMG's strategy to grow its footprint and enhance its operational capabilities, especially in the current transaction environment [1].

The new hotels are located in Georgia, Florida, North Carolina, and Texas. The company is on pace to add another six hotels by the end of 2025, as it continues to form new partnerships and strengthen existing ones [1]. This growth is driven by HVMG's strong track record in management transitions, which has been a key growth vehicle for the company [2].

In addition to the hotel acquisitions, HVMG has bolstered its corporate leadership team by appointing Jessica Myers as vice president of finance & accounting and Drew Slayton as vice president of business development [1]. The company also launched Elevate Renovations + Development, a third-party project manager and asset lifecycle services provider, offering flexible and cost-effective solutions tailored to the hospitality industry [1].

HVMG specializes in turning around underperforming hotels and maximizing the performance of stabilized properties. Its portfolio includes independent and boutique hotels, as well as full-service, select-service, and extended-stay hotels under various brands [1].

References:
[1] https://www.hospitalitynet.org/news/4128675.html
[2] https://www.morningstar.com/news/business-wire/20250827166398/hospitality-ventures-management-group-hvmg-adds-nine-hotels-to-portfolio