Because we have helped hotel owners weather economic storms
before, HVMG has a time-tested playbook for preserving long-term asset value to
safeguard our owners and investors. Our
ability to conserve cash and maximize revenue opportunity during periods of
both contraction and growth is proof that when we say we think like owners, we
aren't just talking.
Examples include:
- For the 34 properties acquired or taken over since 2009 that have subsequently sold, the average hotel NOI improved 107% or approximately $300M in value.
- When we were awarded management of a full-service airport hotel via receivership after the banking crisis in 2009, our turn-around plan resulted in a 149% NOI increase and a 43% market share growth.
- After implementing HVMG management, a portfolio of previously struggling full-service hotels experienced an average NOI increase of $1MM+ and collective RevPAR growth of 31.4%, resulting in their profitable disposition.
We were quick to respond to the C19 pandemic [Industry-Beating Results, Revenue Results Outperform U.S. Hotels, GOP Returns Better + Faster], which put us ahead of the game when it comes to
planning for the rebound. Our business
plans are methodical and flexible, making us highly adaptable to fluctuating
business levels. We are #ReboundReady.
