HVMG has taken over management of a Marriott resort in South Florida, which will undergo major renovations following its acquisition by Key International and WREI.
A major overhaul has been announced at an established property in one of the Sunshine State’s most popular travel destinations.
Under new leadership
Atlanta-based private hotel investment and management firm HVMG has assumed management of Fort Lauderdale Marriott Pompano Beach Resort & Spa. The news comes shortly after the acquisition of the 219 Key property, located at 1200 North Ocean Boulevard, by Key International and WREI.
âThe Fort Lauderdale Marriott Pompano Beach Resort & Spa fits perfectly into our strategic plan, which includes partnering with top 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 for the foreseeable future, âsaid Robert Cole, President and CEO, HVMG.
âWith the addition of our two Marriott hotels in Orlando earlier this month, our Florida portfolio currently has ten hotels. It also marks our seventh resort property, a growing segment for our business. Our pipeline remains active and we look forward to building on this momentum in the new year. “
Future development plans
The Fort Lauderdale Marriott Pompano Beach Resort & Spa offers rooms with stunning ocean views and a variety of luxury amenities, including a spa, fitness center, two swimming pools, seafood restaurant AND Fish Kitchen + Bar , a 1,200 patio-dining patio and 8,200 square foot event space.
This Fort Lauderdale resort is right next to Pompano Beach and a short drive from Deerfield Beach. Nearby attractions include Shipwreck Park, Pompano Park Amphitheater, and South Florida Diving Headquarters.
Key International’s hotel acquisition program, which focuses on purchasing well-located properties in robust markets in the Southeastern United States and Europe, has swept the hotel with WREI. They are now planning major renovations, modernization of the rooms and restaurant, as well as the addition of a new resort-style pool deck.
âAs we grow our portfolio, we strive to have an impact on the hotel experience in each of our markets,â said Shawn Gracey, executive vice president of hospitality, Key International. âThis is our third complex operated by HVMG as we continue to seek the best operating partners in pursuit of our growth objectives. “