A Look at Recent Management Deals

NATIONAL REPORT—Paramount Hotel Group, HVMG and Davidson Hotels & Resorts have all added properties to their portfolios. Here’s a closer look at the hotels changing hands:

Paramount Hotel Group Adds Hampton Inn Kennebunk to its Portfolio
Paramount Hotel Group has added the Hampton Inn in Kennebunk, ME, to its portfolio of properties managed. This hotel represents the seventh hotel added to the Paramount portfolio within the last 12 months. The Hampton Inn Kennebunk is opened in mid-2017 and includes meeting and event space, a business center and an indoor pool. It’s close to Portland International Jetport and historic Kennebunkport, among other attractions.

HVMG Assumes Management of The Inn On Broadway
Hospitality Ventures Management Group (HVMG) has signed a management agreement to operate the Inn On Broadway in Lexington, KY. Situated in downtown Lexington, the four-story hotel is near the University of Kentucky, Red Mile and Lexington Convention Center. In addition, the property is close to the Blue Grass Airport and Keeneland Thoroughbred Racecourse. Hotel amenities include a business center and workout room.

Davidson Hotels & Resorts to Manage Snowpine Lodge
Davidson Hotels & Resorts has added Snowpine Lodge to its portfolio. Situated slopeside with access to Alta mountain Ski Area in Alta, UT, the resort has 54 guestrooms and suites; 14 deluxe dorm beds; Stillwell Spa; more than 10,000 sq. ft. of indoor and outdoor event space; two dining experiences; a game room; a mountain-side pool and hot tubs, fitness center and yoga studio. The resort is operated by Davidson’s lifestyle and luxury division Pivot Hotels & Resorts.