ATLANTA–(BUSINESS WIRE)–Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that Tom Riley has been named senior vice-president of business development. Reporting to Executive Vice-President & Chief Development Officer Mary Beth Cutshall, he will help grow and develop HVMG’s acquisitions, third-party management and new development efforts.
“With nearly 30 years of hospitality experience, Tom has spent his entire career in the industry, starting in a South Florida resort before working his way up to a series of impressive, corporate-level development positions with some of the biggest names in the industry,” Cutshall said. “This invaluable experience at all levels of property and corporate management provide him with keen insights that make him an ideal candidate to help HVMG grow its portfolio of owned and operated hotels across the U.S.”
Prior to joining HVMG, Riley was vice-president of development for Kimpton Hotels & Restaurants, where he was responsible for the addition of over 30 new hotel and resort projects. Previously, he held the position of senior vice-president of development for Marcus Hotels & Resorts, where he oversaw the company’s development efforts. He also held numerous financial related positions, including regional vice-president of finance for Kimpton, senior manager of financial analysis for Crestline Hotels & Resorts and similar positions with Marriott International and Hilton Worldwide/Promus Hotel Corporation. He received his undergraduate degree from Penn State University and his Master of Business Administration degree from Palm Beach Atlantic University. Riley is an active board member of the Penn State Hotel & Restaurant Society, The George Washington University’s Department of Tourism and Hospitality Management and Anne Arundel Community College School of Hospitality. He also serves on the Council of Advisors for Jubilee Support Alliance in Washington, D.C.
“I’m looking forward to utilizing my abilities and relationships to form strategic alliances and negotiate partnerships to help significantly grow the HVMG hotel portfolio,” Riley said. “The company has an outstanding reputation and has been expanding its infrastructure to accommodate recent and anticipated future growth. HVMG, with its emphasis on personal and professional evolution, is an ideal company for me to use and expand my own talents.”
About Hospitality Ventures Management Group
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 43 hotels and convention centers in 17 states totaling 7,266 guest rooms. HVMG operates independent and boutique hotels and resorts, as well as full-service, select-service and extended-stay hotels under the Hard Rock, Hilton, Hyatt, Marriott, and IHG brands. Visit www.hvmg.com for more information.
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