HOSPITALITY VENTURES MANAGEMENT GROUP (HVMG) LAUNCHES ELEVATE RENOVATIONS + DEVELOPMENT (United States)
Company expands development, project management and advisory services to third-party hotel owners and operators. |
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HOSPITALITY VENTURES MANAGEMENT GROUP (HVMG) LAUNCHES ELEVATE RENOVATIONS + DEVELOPMENT (United States)
Company expands development, project management and advisory services to third-party hotel owners and operators. |
Category: North America & West Indies / Carribean islands - United States - Industry economy
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vRenovation / Addition - What's new?
This is a press release selected by our editorial committee and published online for free on 2025-02-06
Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, today announced the launch of Elevate Renovations + Development, a third-party project manager and asset lifecycle services provider offering flexible, cost-effective solutions tailored to the unique needs of the hospitality industry.
“In the last 20 years, HVMG has provided development and project management services for over 65 properties in our portfolio of owned and managed hotels throughout the country,” said Robert Cole, founder, president and CEO of HVMG.
“Recently, however, we began expanding our scope and started working with owners and operators beyond our managed portfolio who saw the value that HVMG was able to create and wanted to enjoy similar results themselves. While we will continue to provide these services to our own hotels, Elevate Renovations + Development is officially now open for business for the entire hospitality industry.”
Elevate offers flexible solutions to work with hotel owners on individual, short-term projects as well as being a long-term partner for the lifespan of their investments to bring hotel-specific development and renovation expertise and knowledge to their projects. The firm provides a full suite of development and project management services, from pre-purchase due diligence through disposition, ensuring every detail aligns with ownership’s vision and investment goals.
The Darwin Hotel
Elevate successfully oversaw the $19.6 million complete renovation and rebranding of The Darwin Hotel, part of IHG’s voco collection of lifestyle hotels.
The team, led by Suzanne Saunders, chief elevation officer, was responsible for all phases of project management, including pre-development, budget oversight, scheduling, design and planning, procurement buy-out, construction management, accounting, litigation support and pre-opening and technical services.
Though the project began during the COVID pandemic, Elevate still was able to complete the project within nine months. The rebranded, “like-new” hotel went on to receive two Gold Key Awards from Boutique Design for Lobby & Guest Room design in 2023.
Learn more about Elevate and contact Suzanne Saunders through the link below:
www.elevatebyhvmg.com.
About Hospitality Ventures Management Group
Hospitality Ventures Management Group is a privately owned, fully integrated hotel management and investment group that specializes in turning around and repositioning underperforming hotels, as well as maximizing the performance of stabilized hotels. HVMG currently operates 51 properties and one convention center in 17 states totaling more than 8,700 guest rooms. HVMG operates independent and boutique hotels and resorts, as well as full-service, select-service and extended-stay hotels under the Marriott, Hilton, Hyatt, Hard Rock, and IHG brands.
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