Hospitality Ventures Management Group JV adds sixth hotel asset to portfolio
Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, has added the 117-room Holiday Inn Steamboat Springs in Colorado to its portfolio of third-party managed hotels across the United States.
The hotel is owned by Mission Hill Hospitality, an affiliate of KSL Capital Partners focused on select-service and extended-stay hotels.
“With an appetite for sustainable growth to our ever-expanding portfolio of third-party managed hotels, we will continue to seek best-in-class partners like Mission Hill,” said Robert S. Cole, president and CEO, HVMG. “This marks our sixth hotel together, and we look forward to additional partnerships moving forward.”
Nestled in the heart of the Rockies off U.S. Highway 40 at 3190 South Lincoln Avenue, the Holiday Inn is near such area attractions as the Steamboat Ski Resort, Yampa and Elk Rivers, Strawberry Park Hot Springs and Old Town Hot Springs & Fitness