The U.S. economy as a whole has changed drastically since the beginning of March, when LODGING started putting together its annual Guide to Management Companies. COVID-19 has majorly disrupted the hotel industry, leading to closed properties and millions of unemployed hospitality workers. When the industry rebounds, hoteliers will be looking to adjust to a new normal, and partnering with the right management company could help some hoteliers find the quickest path to recovery.
A note from the editor: Most of the materials for this guide were collected prior to the U.S. COVID-19 crisis.
The following list is in alphabetical order.
Hospitality Ventures Management Group
Hospitality Ventures Management Group (HVMG) is a privately owned, fully integrated hotel investment and management group that specializes in turning around and repositioning underperforming hotels, as well as maximizing the performance of stabilized hotels. It currently operates 42 hotels and convention centers in 17 states, totaling 7,141 guestrooms. HVMG operates independent and boutique hotels and resorts, as well as full-service, select-service, and extended-stay hotels under the Hard Rock, Hilton, Hyatt, Marriott, and IHG brands.
| Rooms Managed | 7,141 |
|---|---|
| Properties Managed | 42 |
| Third-Party Rooms | 2,856 |
| Third-Party Properties | 16 |
| Revenue | $317,579,457 |
| Contact | Mary Beth Cutshall — mbcutshall@hvmg.com |
