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Development Pipeline Scheduled for Mid-July 2020

Residence Inn by Marriott Waco/South

Heritage Hospitality Selects HVMG to Manage Residence Inn by Marriott Waco/South in Texas

Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced it was awarded management of the currently under-construction, 104-room Residence Inn by Marriott Waco/South in Texas. Owned by Heritage Hospitality Group, a hospitality ownership/development/construction management company, the hotel is expected to open in mid-July 2020.

Marriott and HVMG
Waco, Texas, United States
Residence Inn by Marriott Waco/South ......

Marriott International

Located at 2424 Marketplace Drive, the four-story hotel is near Hillcrest Baptist Medical Center and proximate to Baylor University and multiple corporate entities and situated within the Central Texas Market Place development. The open-air shopping center features more than 60 retail and dining options. Hotel amenities will include a half-sport court, outdoor pool, outdoor patio, meeting room and fitness facility.

Designed for long stays, the brand will offer spacious suites with separate living, working, and sleeping zones that provide guests with the space and freedom to travel the way they like to live. With fully functional kitchens, complimentary grocery delivery service, 24-hour markets and complimentary breakfast, guests will be able to maximize their time and thrive while they travel.

USA & Canada United States Texas Waco
Residence Inn
Hotel Brand

Residence Inn by Marriott is the global leader in the longer stays lodging segment with more than 870 properties in over 15 countries and territories. Guests have the freedom to travel the way they live with Residence Inn’s spacious suites featuring distinct living, working, and sleeping spaces. Travelers can maximize their time and thrive while on the road with fully equipped kitchens in each suite, grocery delivery service, 24/7...

Marriott
Franchise OrganizationBrand OwnerHotel Group

Marriott International, Inc., (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,200 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program.

HVMG
Management Company

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 52 hotels and one convention center in 17 states totaling 8,300 guest rooms. HVMG operates independent and boutique hotels and resorts, as well as full-service,...