Hospitality Ventures Management Group (HVMG) Acquires Marriott and Embassy Suites in Winston-Salem, North Carolina

Hospitality Ventures Management Group | July 28, 2016

ATLANTA, Ga. (July 28, 2016) – Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel ownership and management company, today announced it has acquired two downtown Winston Salem, North Carolina hotels, both adjacent to the Benton Convention Center which is currently under an $18 million renovation: the 315-room Marriott and the 146-room Embassy Suites. The company will invest significant capital to dramatically enhance the product of both hotels. "North Carolina continues to be one of the more attractive hotel marketplaces in the U.S., with domestic travelers spending more than $20 billion across the state ...