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HVMG
Awarded Management of Three Independent Beachfront Hotels in Daytona Beach
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HVMG
Has Assumed Management of 10 Hotels & Conference Center Since Late
2011
HVMG
Awarded Management of Three Independent Beachfront Hotels in Daytona Beach
Atlanta,
GA – March 2012 / Hospitality 1ST / Hospitality
Ventures Management Group (HVMG), a privately owned hotel ownership
and management group based in Atlanta, announces that it has assumed management
of three independent, beachfront hotels in Daytona Beach, FL. The three
hotels are:
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Plaza
Ocean Club Hotel, 640 N. Atlantic Ave., Daytona Beach, FL 32118; 386-256-1280;
206 guest rooms with ocean views; 6,000+ square feet of meeting space including
the 4,700-square-foot Blue Herron Ballroom; full-service, oceanfront restaurant;
within walking distance of the Daytona Beach Ocean Center and Ocean Walk
Shoppes; outdoor pool; adjacent to 15,000-square-foot Ocean Waters Spa.
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Acapulco
Hotel & Resort, 2505 S. Atlantic Ave., Daytona Beach Shores, FL 32118;
386-256-1280; 133 guest rooms with ocean views and private balconies located
on the quiet southern part of Daytona Beach Shores; lounge; outdoor pool;
extended stay, efficiency rooms with 2-burner stove-top.
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Mayan
Inn, 103 S. Ocean Ave., Daytona Beach, FL 32118; 386-256-1280; 110 guest
rooms with ocean views and private balconies including some rooms with
full kitchens; meeting space for up to 40 people; lounge with live entertainment;
seasonal Tiki bar; outdoor pool; adjacent to many of Daytona Beach’s favorite
restaurants and nightclubs.
“In
addition to the 25 Hilton and Marriott brand hotels in our portfolio, HVMG
has a successful track record of managing independent hotels and resorts
in popular beachfront locations including Florida and Hilton Head Island,”
says HVMG President & CEO Robert Cole. “With their superior location
on the world-famous Daytona Beach oceanfront combined with our experience
in this market segment, I am confident HVMG will be highly successful operating
these three resort-area properties.”
HVMG
added eight hotels to its portfolio in 2011 (a 36% growth rate) and has
already added five hotels in 2012 so far. Last month, the firm also assumed
management of The Advanced Center for Training, an IACC-certified conference
center in St. Charles, IL that offers over 20,000 square feet of meeting
space. In 2010, HVMG added seven hotels (a 33% growth rate) despite one
of the tougher operating and growth environments in the history of the
hotel industry.
About
Hospitality Ventures Management Group
Hospitality
Ventures Management Group is a privately owned, fully-integrated Atlanta-based
hotel ownership and management group that specializes in turning around
and repositioning underperforming hotels. The firm currently owns and/or
operates 37 hotels in 16 states (coast to coast) totaling more than 6,600
guest rooms. Total portfolio revenue exceeds $170 million and 25 of the
hotels operate under Hilton or Marriott franchise agreements. Visit www.hvmg.com
for more information.
Contact:
Carol
Twardoch
HVMG
Exec. Assistant & Director, Communications
404-467-9299
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