On 16^th April, the privately-owned hotel property and management company HVMG, headquartered in Atlanta, together with Investra Capital Group Co., Ltd., announced the completion of a joint venture acquisition of 12 hotel portfolios, including the Marriott and Hyatt brand hotels in Southwestern, Southeast and Mid East United States, with a total of 1465 guest rooms. HVMG will be responsible for operating the entire portfolios.

Investra Capital is a private equity and asset management company. Its CEO Mobeen Jassat said: “HVMG is experienced or an expert  in asset value maximization, acquisition and operation. And we believe HVMG will be an ideal manager, who can help quickly improve the company’s performance."

About Tripvivid

Tripvivid is the most professional industry intelligence platform providing news,analysis and in-depth report of the latest trends in the travel, tourism and hospitality.Through the high-quality content,Tripvivid is cmomitted to promoting the integration of travel industrial chain and entrepreneurship and innovation in the Chinese travel. Now Tripvivid is the leading voice to the industry for all areas related to Chinese travel industry. Welcome to contact us at lhq@tripvivid.com.