Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, has named Brian Young EVP, investments/CFO.
In the newly created role, Young leads HVMG’s finance, investor relations and financial reporting areas, and has a significant role leading and supporting HVMG’s aggressive growth plans around acquisitions, investments, joint-ventures and M&A activity, the company reports.
“Brian honed his knowledge and skillset through key leadership positions at Interstate Hotels & Resorts, the nation’s largest hotel operator, during the company’s high growth and transformational years,” said Robert Cole, president/CEO, HVMG. “His experience, skillset and accomplishments are the perfect fit for what we were looking for. More importantly, he is a strong cultural fit with our existing leadership team. We interviewed many highly qualified people for this role, and Brian clearly emerged as the lead candidate through a very thorough search and vetting process.”
Prior to joining HVMG, Young held multiple positions and received several promotions over the course of his nearly 18 years with Interstate Hotels & Resorts and Aimbridge Hospitality, including senior director, finance, culminating with SVP of development and acquisitions. While there, he oversaw platform acquisitions, individual hotel acquisitions, management contracts, dispositions and related activity including raising equity. He also was instrumental in the negotiations, closing and successful integration of companies such as Rim Hospitality and Noble Management Group that allowed Interstate to expand its geographic footprint.
“I was drawn to HVMG because of the close-knit work environment,” Young said. “Colleagues are more like family than coworkers, and at this stage of my career, that is very important to me. HVMG has a reputation for focusing equally on its guests, associates and investors, an approach with which I very much agree. I look forward to doing everything I can to help HVMG take advantage of the enormous potential the company has, especially given its experience and industry leading results across all key spectrums of the business, including select-service, full-service and resorts.”