HVMG sells the Hilton Houston Southwest to Garrison Investment Group

Hospitality Ventures Management Group (HVMG) sold the 292-room Hilton Houston Southwest to New York-based Garrison Investment Group. HVMG was retained as manager for the hotel, which has been in HVMG’s management portfolio since 2002.

“We are excited to enter this new management chapter with Garrison as the owners of the Hilton Houston Southwest. Partnering together, I am confident the property will continue to be a top performer in the Houston market,” says Robert Cole, HVMG president & CEO. “Garrison recognized HVMG’s proven operational expertise, hands-on-management style, knowledge of the Houston market, and a track record of maximizing property performance and value.”

The Hilton Houston Southwest is located at 6780 Southwest Freeway, close to the I-610 loop and the popular Houston Galleria and 10 miles from downtown Houston. The full-service hotel has over 13,000 square feet of meeting space and complimentary local shuttle service.

Virtual Event

HOTEL OPTIMIZATION PART 2 | Now Available On-Demand

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.


Suggested Articles

Lodging owners who have the appropriate resources and capital have an opportunity to renovate at an accelerated rate and at more competitive prices.

The £18.4 million fine stems from a data breach discovered after the company purchased Starwood Hotels & Resorts Worldwide.

The company's revenues declined from $560 million in the third quarter of 2019 to $337 million in the third quarter of 2020.