HVMG to Operate Hyatt Atlanta Perimeter at Villa Christina
Thursday July 10th, 2014 - 9:44AM ODM
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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 •
For the past few years, the talk of The Lodging Conference in Phoenix had been focused on the economic recovery, solid industry projections and “cautious optimism.” With the word cautious no longer necessary, the economic outlook took a backseat this year to the seemingly unending parade of new lifestyle brands.