Hospitality Ventures Management Group assumed operations of the 80-room DoubleTree by Hilton Hotel Atlanta – Alpharetta. The hotel is owned by Radco, an Atlanta-based national real estate company that specializes in the acquisition and redevelopment of value-add hospitality and multi-family investments.
“The DoubleTree by Hilton Hotel Atlanta – Alpharetta follows our strategy of working with best-in-class owners, such as Radco, who target well-respected branded hotels in markets with diverse demand generators and where value can be created with a change in management,” HVMG President and CEO Robert Cole said. “Incidentally, this hotel is our sixth Atlanta-based addition in the past 90 days and 13th overall in the area. This concentration allows us to share best practices and economies of scale, both of which will have an immediate, positive impact on the hotel’s bottom line.”
The four-story hotel is part of Alpharetta’s Windward business district, fewer than five miles from North Point Mall and the Ameris Bank Amphitheatre and a short drive from downtown Atlanta. Public spaces include a 24/7 fitness center, an outdoor pool, a business center and approximately 750 square feet of meeting space. The hotel also has Savannah's Restaurant and Lounge, a bistro-style restaurant.