 10 June 2008
PSAV Portfolio Climbs in Rockies with Regional Acquisition
Transaction expands PSAV’s portfolio to Vail, Colorado
LONG BEACH, CALIF. | PSAV® Presentation Services, the leading supplier of audiovisual and event technology to hotels, associations, producers, and meeting planners worldwide, announces the acquisition of Davis AV’s Colorado Rocky Mountain operations. Davis AV will continue to own and operate its convention services division out of its Denver corporate offices.
With this transaction, PSAV adds a number of new hotels in the Vail Valley, in addition to the multiple hotel properties it currently services in Denver and Aspen. One such property is the Park Hyatt Beaver Creek Resort and Spa, a newly renovated 190 room property with over 20,000 square feet of indoor and outdoor event space. Other properties include the Beaver Creek Lodge; Westin Riverfront Resort and Spa; The Charter at Beaver Creek; Lion Square Lodge; The Sonnenalp Resort of Vail; and, Austria Haus Club and Hotel. PSAV will also be adding a new Event Services office in the Vail Valley which will provide seamless support to meetings and events throughout the region.
“We are very excited about this acquisition and believe we can take these new properties to the next level by bringing in our proprietary tools and extensive resources,” said Digby Davies, PSAV CEO. “This transaction is in line with PSAV’s strategic objectives to extend our leadership in on-site contracted technology support and to expand our presence in all major meeting and convention destinations.”
“We welcome the Davis AV Rocky Mountain team into the PSAV family,” he added, “and look forward to serving what we consider to be some of the most prestigious hotels and resorts in the region. We anticipate a smooth and virtually invisible transition for these hotels and their valued event customers.”
Davies said PSAV’s immediate plans include investing in the upgrade of local AV equipment.
For more about PSAV Presentation Services, please visit www.psav.com.
About PSAV® Presentation ServicesPSAV is the leading supplier of audiovisual and event technology to hotels, associations, producers and meeting planners worldwide. With over 800 luxury hotels, resorts and conference centers worldwide, PSAV is totally committed to making every live event an unforgettable experience. PSAV’s goal is to turn ordinary meetings into memorable experiences so the message lasts. www.psav.com.
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Barb Worcester Phone: (440) 930-5770 Email: barbw@prproconsulting.com
PSAV www.psav.com 111 West Ocean Boulevard, Suite 1110
USA
- Long Beach, CA 90802 Phone: +1 (562) 366-0260 Fax: +1 (562) 366-0628 Email: gvandyke@psav.com
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