ATLANTA (January 8, 2018) – Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced it has sold the 261-suite Embassy Suites by Hilton Atlanta – Galleria to an unaffiliated third party and retained management of the property.
“Having owned and operated the Embassy Suites by Hilton Atlanta – Galleria for the past three years along with several other Embassy Suites hotels, we are intimately familiar with both the marketplace and the brand and how to maximize its value,” said Robert S. Cole, president and CEO, HVMG. “With our home base and four additional hotels in the city, Atlanta is a strategic location for our company. We have the market intelligence and operational economies of scale to maximize hotel profits and deliver investor return.”
Situated in northwest Atlanta’s Galleria district and within walking distance of the Cobb Galleria Centre, Cobb Energy Performing Arts Centre and Atlanta Galleria Office Park, the Embassy Suites Atlanta- Galleria also is convenient to local businesses such as Home Depot, Coca-Cola, IBM, Lockheed and Travelport. The hotel provides a complimentary shuttle within a three-mile radius that runs to numerous corporate offices, shopping malls, restaurants, theaters and SunTrust Park – home to the Atlanta Braves.
Each two-room suite contains a separate living room, refrigerator, microwave and complimentary Wi-Fi. Guest amenities include courtesy, made-to-order breakfast and evening manager’s reception, fitness center, indoor pool and hot tub. The hotel also houses E’terie, a gourmet market experience featuring food that is fresh, flavorful and delivered quickly. The hotel also has meeting/function space to accommodate up to 200 guests and a BusinessLink™ Business Center, complete with A/V equipment rental, faxing, copying and printing.
Hospitality Ventures Management Group 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 29 hotels in 16 states totaling 5,305 guest rooms. HVMG operates independent and boutique hotels and resorts, as well as full-service, select-service and extended-stay hotels under the Hilton, Marriott, Hyatt, Starwood and IHG brands. Visit www.hvmg.com for more information.