Hospitality Ventures Management Group (HVMG), a private hotel investment, ownership and management company, has converted the former Hilton Phoenix Suites to a 242-suite Embassy Suites by Hilton Phoenix Downtown North in Arizona.
HVMG acquired the property in 2016 as part of a joint venture. It will continue to operate the property.
HVMG president and CEO Robert Cole said: “Our familiarity with the market and hotel provided us the insight to realize both the property and our guests would benefit from a full reimagining.
“With properties in California, Colorado, Texas and Oklahoma, we continue to invest heavily West of the Mississippi in hotels in markets with barriers to new entry that can benefit from repositioning, as well as our proprietary management and marketing systems.”
The hotel, which is located at 10 East Thomas Road, is next to the Thomas/Central Metro Light Rail Station, thereby making it accessible to Chase Field, Talking Stick Arena and Phoenix Sky Harbor International Airport.
Its suites provide separate private sleeping and living spaces, Wi-Fi and 55-inch flat-screen televisions.
It also features a fitness centre, indoor heated pool, business centre and 4,350ft2 of meeting space.
Cole added: “Our design and construction team worked closely with the brand to ensure a seamless transition from the former Hilton Phoenix Suites to the ‘like-new’ Embassy Suites Phoenix Downtown North.
“From ground-up construction and renovations/repositionings to operations and financing assistance, HVMG has become a truly integrated, one-stop-shop capable of providing for a hotel’s entire investment life cycle.”
HVMG operates 31 hotels in 16 states totaling 5,754 guest rooms.
HVMG operates independent and boutique hotels, and resorts, as well as full-service, select service and extended stay hotels under the Hilton, Marriott, Hyatt, Starwood and IHG brands.