Hospitality Ventures Management Group (HVMG) has assumed management of the 232-suite Embassy Suites by Hilton Bloomington/Minneapolis in Bloomington, MN. The company also will oversee a $9-million renovation project to upgrade guestrooms, public space, restaurant and back-of-house items.
“Between our long standing history and familiarity operating this and other Hilton-branded projects and our expertise overseeing major hotel refurbishments, the Embassy Suites by Hilton Bloomington/Minneapolis is an ideal addition to our growing nationwide portfolio that further expands our Midwestern reach,” said Michael (Woody) Woodward, EVP/chief growth officer, HVMG. “The renovation on the property will take approximately six months. Once completed, the hotel will achieve ‘like-new’ status, effectively making it the newest hotel in the market in the past few years.”
Located four miles from the Mall of America, the pet-friendly, all-suite hotel is near downtown Minneapolis, Valleyfair Amusement Park and Minneapolis−Saint Paul Airport. Hotel amenities include an indoor pool, 24/7 fitness center and complimentary WiFi throughout the property. There’s also 5,600 sq. f.t of meeting space, a restaurant & bar, complimentary breakfast and an evening reception. All suites provide separate living and sleeping areas.
“Lodging Analytics Research & Consulting (LARC) maintains its high rating of the Minneapolis area,” Woodward added. “Forecasts for the next five years show positive RevPAR outpacing most other MSAs throughout the U.S., and HVMG looks to further expand its footprint in these and similar markets.”
