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New Hampton Opens in Greater Pittsburgh

Tuesday, November 27, 2012
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Hospitality Ventures Management Group (HVMG), a privately owned hotel ownership and management group based in Atlanta, today announced the grand opening of the new Hampton Inn & Suites/Waterfront-West Homestead in West Homestead, PA. The new hotel is the fourth hotel HVMG manages in the Greater Pittsburgh area.

The 113-room Hampton Inn & Suites/Waterfront-West Homestead is located at 301 West Waterfront Drive along the Monongahela River on the site of a former steel mill that is now The Waterfront, Pittsburgh’s premier shopping and entertainment destination with 750,000 square feet of retail attractions, restaurants and upscale apartments.

The new hotel features 33 suites, 1,000 square feet of meeting space, indoor swimming pool and a 1,500-square-foot outdoor terrace and deck. Guests are offered an array of enticing amenities including free hot breakfast, free parking, 24-hour business center, complimentary use of the on-site fitness center, and 42” flat-screen HD TV and free high-speed Internet in each guest room. Suites include a microwave, refrigerator, wet bar, and sleeper sofa. For more information about the Hampton Inn & Suites/Waterfront-West Homestead, visit http://hamptoninn3.hilton.com/en/index.html, call 1-800-HAMPTON, or call the hotel directly at 412-462-4226.

“We’re confident this hotel will be highly successful given our team’s extensive experience managing Hilton-branded properties combined with its superior location and upscale amenities such as more suites than a typical Hampton Inn & Suites offers,” says HVMG President & CEO Robert Cole. “We’re excited to expand our footprint in Pittsburgh, which has proven to be an exceptional growth market for the three other hotels we manage in the area.”

HVMG has more than doubled the size of its portfolio since the beginning of 2010. It added eight hotels to its portfolio in 2011 (a 36% growth rate) and has added nine hotels and two conference centers thus far in 2012. In 2010, HVMG added seven hotels (a 33% growth rate).

About Hospitality Ventures Management Group
Ranked among Atlanta’s Top 10 Fastest Growing Private Companies by the Atlanta Business Chronicle in 2012, Hospitality Ventures Management Group is a privately owned, fully-integrated hotel ownership and management group that specializes in turning around and repositioning underperforming hotels. The firm currently owns and/or operates 40 hotels in 16 states (coast to coast) totaling more than 6,900 guest rooms. Total portfolio revenue exceeds $185 million and 30 of the hotels operate under Hilton or Marriott franchise agreements. Visit www.hvmg.com for more information.

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