HVMG to Manage Hyatt North Houston

ATLANTA—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel ownership and management company, has been selected to operate the 335-room Hyatt North Houston. The hotel also has 27,000 square feet of meeting space.

“This is our third hotel in Texas, as well as our fourth full-service Hyatt, which will allow the Hyatt North Houston to immediately benefit from economies of scale and shared best practices,” said Robert S. Cole, HVMG president and CEO.

The eight-story hotel is near numerous corporate headquarters and retail offerings, George Bush Intercontinental Airport, and the Greenspoint business district. Hotel amenities include a fitness facility, a tropical-style outdoor swimming pool and spa, a business center, a gift shop, and shuttle service to and from the airport. Additionally, the property has an all-day regional cuisine restaurant, Grill 425, as well as a Starbucks.

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The Hyatt North Houston is HVMG’s second deal of 2015 and expands its managed portfolio to 39 hotels and 7,529 rooms in 15 states nationwide. Four additional properties are targeted to close in the next month.