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.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Suggested Articles

HVS Brokerage & Advisory, Milmark Hotel/Motel Investments and Marcus & Millichap arranged sales in Texas, Wisconsin and Florida.

The Reuben Brothers have acquired La Residence hotel in Kalafatis Bay, Mykonos, Greece, for an undisclosed fee.

PPHE told us that it was seeing a “strong pickup” in London after some caution in the fourth-quarter, as the UK capital continued trade strongly.