Elevate Renovations + Development: Transforming Hospitality
Hospitality Ventures Management Group (HVMG) has embarked on a new journey with the launch of Elevate Renovations + Development. This innovative initiative presents itself as a pivotal third-party project manager focused on enhancing the lifecycle of assets within the hospitality sector. HVMG is recognized as a leading third-party hotel operator and investor, delivering tailored solutions to meet the specific needs of hotel owners and operators.
Tailored Solutions for the Hospitality Industry
Elevate Renovations + Development provides flexible and cost-effective solutions that are designed to cater to the diverse needs of the hospitality industry. The firm emphasizes personalized services to assist hotel owners with projects that can range from short-term renovations to comprehensive long-term partnerships that span the entire investment lifecycle. HVMG has a rich history, having managed development services for over 65 properties across the country, showcasing their expertise in the hospitality field.
Insight from the CEO
Robert Cole, the founder, president, and CEO of HVMG, highlighted the company’s evolution, stating, “In recent years, we have expanded our scope to work with owners and operators outside our managed portfolio. Many have recognized the value HVMG can create, desiring similar outcomes for their establishments. While our internal properties will always be a priority, Elevate Renovations + Development is now positioned to serve the wider hospitality landscape.”
The Full Spectrum of Services
Elevate offers a comprehensive array of services encompassing pre-purchase due diligence, project management, and complete renovation expertise. Their mission is to ensure alignment with ownership’s vision and investment goals at every stage, meticulously overseeing each project’s development. This commitment to detail fosters an environment where hotel owners can confidently entrust their renovation and development needs to Elevate.
Highlighting Success: The Darwin Hotel Project
One of the standout accomplishments for Elevate is the $19.6 million complete renovation and rebranding of The Darwin Hotel, which is part of IHG’s voco collection of lifestyle hotels. Under the guidance of Suzanne Saunders, the chief elevation officer, Elevate excelled in managing all phases of this complex project. This included budget oversight, design and planning, procurement processes, construction management, and ensuring that operational standards were met upon completion. Remarkably, despite the challenges posed by the global pandemic, the renovation was successfully concluded within nine months, showcasing the firm’s dedication and efficiency.
Award-Winning Design
The newly rebranded Darwin Hotel has garnered accolades in the form of two Gold Key Awards from Boutique Design for its Lobby and Guest Room designs in 2023. These recognitions further solidify Elevate’s reputation for excellence in hospitality renovations, which has become a driving force in their mission to elevate hotel experiences across the board.
About Hospitality Ventures Management Group
Hospitality Ventures Management Group is renowned for its integrated approach to hotel management and investment. The firm specializes in revitalizing underperforming hotels and maximizing operational efficiency for stabilized properties. Currently operating 51 properties—including one convention center—across 17 states, HVMG manages an impressive portfolio exceeding 8,700 guest rooms. With a diverse range of property types from independent hotels to nationally recognized brands like Marriott, Hilton, Hyatt, and IHG, HVMG remains committed to delivering high-quality hospitality experiences. To find out more about their offerings, visit their official site.
Frequently Asked Questions
What is Elevate Renovations + Development?
Elevate Renovations + Development is a third-party project manager launched by HVMG that provides comprehensive renovation and development services for the hospitality industry.
How does Elevate's service model work?
Elevate offers flexible solutions for hotel owners, from short-term projects to long-term partnerships, ensuring expertise and alignment with ownership’s goals.
Who is the CEO of HVMG?
Robert Cole serves as the founder, president, and CEO of Hospitality Ventures Management Group, guiding the company's strategic direction.
What notable project has Elevate completed?
Elevate oversaw the successful renovation and rebranding of The Darwin Hotel, valued at $19.6 million, which won two Gold Key Awards in 2023.
What types of hotels does HVMG manage?
HVMG manages a variety of properties, including boutique hotels and major brands, and operates over 51 locations across the United States.
