ATLANTA--(BUSINESS WIRE)--Hospitality Ventures Management Group (HVMG), an Atlanta-based, privately owned hotel investment and management company, today announced that Cory Chambers has been named vice-president and chief revenue officer. In the newly created position, Chambers will provide leadership and strategic direction to HVMG’s Sales and Marketing, Revenue Management and eCommerce teams and spearhead the development and implementation of innovative revenue generation strategies, with the aspiration of fielding the best in class revenue organization in the industry. Even prior to Chamber’s arrival, the HVMG portfolio of hotels had a year-to-date RevPAR growth rate in excess of 11 percent which is significantly higher than the industry average.
“With nearly 20 years' experience in all facets of hotel revenue generation, Cory is the ideal candidate to help HVMG achieve its ultimate goal of having the best operating and revenue team in the hospitality industry,” said Richard Jones, HVMG’s senior vice president and COO. “His leadership skills, brand and market expertise, and track record of achieving meaningful, positive results in a variety of different environments will be essential for us as we work towards that goal.”
Prior to joining HVMG, Chambers held a number of leadership positions with White Lodging, most recently vice president of revenue generation, full-service division. In that role he led the team responsible for the group sales, revenue management, eCommerce and public relations efforts of White Lodging’s extensive full-service portfolio. Previously with White, he held regional and property level positions, including corporate director of sales and marketing and director of sales and marketing for the 1,626 room JW Marriott and Marriott Place Complex in Indianapolis, which was recognized as 2011 Full Service Opening of the Year by the MINA, Marriott’s association of domestic full service franchisees. Prior to joining White Lodging, Chambers worked for Marriott International as the director of sales and marketing for the New Orleans Marriott and the Boston Marriott Quincy, and prior to joining Marriott, as director of group sales for the Westin Waltham-Boston. Chambers received his MBA from the F.W. Olin Graduate School of Business at Babson College and graduated cum laude with an undergraduate degree in marketing from James Madison University.
“HVMG has a sterling reputation as one of the leading ownership and management groups in the hotel industry,” Chambers said. “I look forward to sharing my experiences and expertise to develop future sales, marketing, and revenue management leaders and help the company achieve its vision of being the most sought after operator and partner in the industry.”
About Hospitality Ventures Management Group
Hospitality Ventures Management Group is a privately owned, fully-integrated hotel investment and management group that specializes in turning around and repositioning underperforming hotels as well as maximizing the performance of stabilized hotels. It currently operates 38 hotels in 15 states totaling 6,992 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. Visit www.hvmg.com for more information.