HVMG to Operate Hyatt Atlanta Perimeter at Villa Christina
Thursday July 10th, 2014 - 9:44AM ODM
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
ATLANTA—Hospitality Ventures Management Group (HVMG) will operate the new Hyatt Atlanta Perimeter at Villa Christina located here, the company's third full-service Hyatt hotel in the last 16 months.
The 177-room Hyatt Atlanta Perimeter is located in Perimeter Summit, an 83-acre, master planned, mixed-use development, combining more than 1.3 million sq. ft. of Class A office with luxury residential and numerous lifestyle amenities.
The Hyatt was designed and developed to add lodging to Villa Christina, which hosts weddings, meetings and special events annually. It also offers gardens, meeting and conference space, ballroom and special event facilities, recreational attractions and dining.
"With the industry metrics, especially ADR, continuing to grow at historically high levels, these types of multi-dimensional projects will become more prevalent,” said Robert Cole, president/CEO of HVMG. "During and immediately following the downturn, our team was immersed in the turnaround of troubled assets. This allowed us to perfect an operational infrastructure and processes that assures success from the start, balancing revenue maximization with efficient operating margins, all while focusing on the guest experience."
Tags: HVMG • Hyatt Atlanta Perimeter • Villa Christina • Hospitality • Guest Facing • Operational • Management Companies •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.