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Hospitality Ventures Management Group (HVMG) Names Brian Young Executive Vice-President, Investments and Chief Financial OfficerHospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today named Brian Young executive vice-president, investments and chief financial officer. In the newly created role, Young will be leading HVMG's finance, investor relations and financial reporting areas, and he will have a significant role leading and supporting HVMG's aggressive growth plans around acquisitions, investments, joint-ventures and M&A activity. "Brian honed his knowledge and skillset through key leadership positions at Interstate Hotels and Resorts, the nation's largest hotel operator, during the company's high growth and transformational years," said Robert Cole, president & chief executive officer, HVMG. "His experience, skill set and accomplishments are the perfect fit for what we were looking for. More importantly, he is a strong cultural fit with our existing leadership team. We interviewed many highly-qualified people for this role, and Brian clearly emerged as the lead candidate through a very thorough search and vetting process." Prior to joining HVMG, Young held multiple, increasingly important positions and received several promotions over the course of his nearly 18 years with Interstate Hotels & esorts & Aimbridge Hospitality, including senior director, finance, culminating with senior vice-president of development and acquisitions. While there, he oversaw platform acquisitions, individual hotel acquisitions, management contracts, dispositions and related activity including raising equity. He also was instrumental in the negotiations, closing and successful integration of companies such as Rim Hospitality and Noble Management Group that allowed Interstate to expand its geographic footprint. Young received his bachelor's in business administration, focusing on finance, from James Madison University. "I was drawn to HVMG because of the close-knit work environment," Young said. "Colleagues are more like family than coworkers, and at this stage of my career, that is very important to me. HVMG has a reputation for focusing equally on its guests, associates and investors, an approach with which I very much agree. I look forward to doing everything I can to help HVMG take advantage of the enormous potential the company has, especially given its experience and industry leading results across all key spectrums of the business, including select-service, full-service and resorts." About Hospitality Ventures Management Group Hospitality Ventures Management Group is a privately owned, fully integrated hotel investment and management group that specializes in turning around and repositioning underperforming hotels, as well as maximizing the performance of stabilized hotels. It currently operates 45 hotels and convention centers in 17 states totaling 7,123 guest rooms. HVMG operates independent and boutique hotels and resorts, as well as full-service, select-service and extended-stay hotels under the Hard Rock, Hilton, Hyatt, Marriott and IHG brands. Visit www.hvmg.com for more information.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210211005047/en/ |
