Industry NewsHVMG Assumes Management of Hyatt Regency Albuquerque

HVMG Assumes Management of Hyatt Regency Albuquerque

ATLANTA, Ga.—Hospitality Ventures Management Group (HVMG), a privately owned hotel ownership and management group based in Atlanta, today announced that it has assumed management of the 395-room Hyatt Regency Albuquerque in Alburquerque, N.M.

The Hyatt Regency Albuquerque represents the second full-service Hyatt in HVMG’s growing portfolio. HVMG also manages the Hyatt Suites Palms Springs in Palm Springs, Calif., and has been selected to manage the Hyatt Hotel at Villa Christina, currently under construction in Atlanta, scheduled to open in 2014.

“As one of only a few firms approved to be third-party managers of full-service Hyatt Hotels, our team is honored to add more premier Hyatt properties to our portfolio,” says HVMG President and CEO Robert Cole. “HVMG’s track record of maximizing performance managing upscale, full-service properties gives us confidence that the Albuquerque Hyatt Regency will be a highly successful addition to the HVMG portfolio.”

The Albuquerque Hyatt Regency offers a total of 30,000 square feet of function space in 22 meeting rooms and 7,800 square feet of pre-function space. Other