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Hospitality Ventures, formed in 2001, is a mid-size hotel ownership
group specializing in the acquisition, renovation, repositioning, development
and management of franchised full, select-service and upscale
hotels, with a brand focus on Hilton and Marriott. With its unique
skill sets of sourcing, repositioning and operating hospitality
real estate, Hospitality Ventures seeks to take advantage of
under-performing prospects in the public and private hospitality
real estate markets.
Hospitality Ventures’ specialized and experienced senior
management team has extensive industry experience and a network
of relationships that ensures superior investment opportunities
and access to strong strategic partners. This combination value
gives Hospitality Ventures the unique ability to execute its
strategy and offer investors above-average returns. EVERY Hospitality
Ventures hotel has improved its market share and RevPAR index
under its ownership.
With an average of more than 28 years each of industry experience,
and more than 13 years working together as a team, Hospitality
Ventures’ principals
boast an established track record of identifying and capitalizing
on opportunities in the hospitality real estate industry. Since
1991, the principals have made aggregate investments in more than
150 separate hospitality real estate assets with a gross acquisition
or development cost of approximately $1.5 billion.
The company currently owns and operates 22 hotels, consisting
of 3,670 rooms. Eighteen hotels operate under franchise agreements
with Marriott or Hilton. The properties are located in Alabama,
California, Georgia, Kentucky, Maine, Michigan, New Jersey, North
Carolina, Oklahoma, Rhode Island, Tennessee and Texas.
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