HVMG names EVP/chief investment officer

The portfolio totals 1,465 rooms comprised of Marriott- and Hyatt-branded hotels across the Southeastern, Southwestern and Midwestern United States.
Hospitality Ventures Management Group operates 43 hotels and convention centers, including the Courtyard by Marriott Austin-University Area in Austin, Texas. Photo credit: Marriott International

Hospitality Ventures Management Group appointed Dana Tsakanikas EVP/chief investment officer. Tsakanikas brings more than 25 years of experience in commercial real estate, transactions and capital-raising to his new role.

In the newly created role, he will work closely with President/CEO Robert Cole, EVP/Chief Development Officer Mary Beth Cutshall and the rest of the development and acquisitions team. He will help support the company’s growth efforts by sourcing new capital; structuring/transacting on acquisitions, joint ventures and dispositions; and executing on new and existing strategic partnerships and relationships. Additionally, he will support HVMG and its hotel partners with any property refinancing needs and assist with the oversight of existing investments and with value-creation asset management projects and routines.

“Dana will be instrumental supporting our growth strategy and leading various projects and strategic initiatives that will expand upon our ability to support our hotels and our partners,” Cole said in a statement. “My history with Dana goes back more than 15 years. In that time, he has proven himself to be a very adept real estate financier and savvy when it comes to structuring transactions and joint ventures. I am confident Dana will help HVMG achieve its aggressive growth goals as we continue to expand our platform and portfolio of hotels.”

Virtual Event


Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.

Most recently, Tsakanikas served as EVP with Stonehill, the financial arm of Atlanta’s Peachtree Hotel Group. There, he led strategic initiatives, sourced capital and structured and executed equity and debt transactions. Before that, he worked as an SVP at Rockbridge Capital, where he played a significant role in sourcing, structuring and executing on more than $4 billion of debt and equity across more than 200 hotel transactions.

Hospitality Ventures Management Group is a privately owned, fully integrated hotel investment and management group. It operates 43 hotels and convention centers in 17 states totaling 7,249 rooms.

Suggested Articles

The project encompassed a real-time, two-way integration between Infor HMS and Glowing’s Digital Engagement Cloud at Mandarin Oriental hotels.

Two upcoming hotels (and one historic property) in sunshine destinations have announced new leaders for their F&B programming.

Many hotel owners will find themselves in the uncomfortable and unfamiliar position of deciding on a course of action for negotiating with their lende