HVMG has taken over management of a Marriott resort in southern Florida, which will undergo major renovation work following its acquisition by Key International and WREI.
A major shake-up has been announced at an established property in one of the Sunshine State’s most popular travel destinations.
Under new management
Atlanta-based private hotel management and investment company HVMG has assumed management of Fort Lauderdale Marriott Pompano Beach Resort & Spa. The news comes not long after the 219-key property, located at 1200 North Ocean Boulevard, was acquired by Key International and WREI.
“The Fort Lauderdale Marriott Pompano Beach Resort & Spa fits nicely with our strategic plan, which includes partnering with best-in-class owners and investors who share the same vision we have for our industry and working with the type of properties that should outperform now and into the foreseeable future,” said Robert Cole, president and CEO, HVMG.
“With the addition of our two Marriott-branded Orlando hotels earlier this month, our Florida portfolio currently sits at ten hotels. This also marks our seventh resort property, a growing segment for our company. Our pipeline remains active, and we look forward to riding this momentum into the new year.”
Future development plans
Fort Lauderdale Marriott Pompano Beach Resort & Spa boasts guestrooms with unobstructed ocean views and various luxury amenities, including a spa, fitness centre, two swimming pools, seafood restaurant AND Fish Kitchen + Bar, patio-dining venue Patio 1200 and 8,200 sq ft of event space.
This Fort Lauderdale resort places guests right by Pompano Beach and a short drive from Deerfield Beach. Nearby sights include Shipwreck Park, Pompano Park Amphitheater and South Florida Diving Headquarters.
Key International’s hospitality acquisition programme, which focuses on buying well-located properties in robust markets across the Southeastern US and Europe, snapped up the hotel together with WREI. They’re now planning significant renovations, upgrading the rooms and restaurant as well as adding a new resort-style pool deck.
“In growing our portfolio, we strive to make an impact on the hospitality experience in each of our markets,” said Shawn Gracey, executive vice president of hospitality, Key International. “This marks our third resort operated by HVMG as we continue to seek the best-in-class operational partners in pursuit of our growth goals.”
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