HVS/American Takes Over as Asset Manager of Fisher Island Club
TIVERTON, RI, March 21, 2006. HVS/American Hospitality Management Company. has taken over the asset management of one of the nation's most acclaimed resort hotels: the Fisher Island Club Hotel and Resort, selected by the Zagat Survey as Miami's Best Resort Hotel and by Cond'e Nast Traveler's readers as one of America's favorite exclusive destination properties.
HVS/American Hospitality Management Company is a venture between hospitality consultancy HVS International, based in Mineola, NY, and hotel-management/consulting firm American Hospitality Management Company, based in Tiverton, RI. HVS/American Hospitality Management Company. manages hotels for investment groups as well as lending institutions and has capital available to advance as loans or equity for its managed properties.
The Fisher Island Club Hotel and Resort, a member of Leading Hotels of the World, is part of the historic Vanderbilt Mansion on Fisher Island, off the tip of Miami Beach. The resort hotel is made up of 65 elegant suites, villas, and cottages with views of the Atlantic Ocean, Biscayne Bay and the Miami skyline. Fisher Island Club features golf, a spa, tennis, two marinas and numerous restaurants and lounges that specialize in a variety of cuisine and dining styles.
"As with all of our asset-management clients, our goal for the Fisher Island Hotel and Resort is to assess its operations, services, staff and physical plant, make recommendations for improvements where needed, create a comprehensive business plan with an eye toward refining all aspects of the operation, and lend our expertise to helping management maximize cash flow for the members," said Kirby D. Payne, CHA, founder and president of HVS/American Hospitality Management Company. "We are indeed proud to have been chosen by the Fisher Island Club to serve as the asset manager of their luxurious lodging operation, and we're looking forward to being involved in its continuing success."
In addition to the Fisher Island Club Hotel and Resort, HVS/American Hospitality Management Company also serves as asset manager for the owners of another Miami-area property, the Sagamore Hotel in South Beach. The company recently completed a successful stint as asset manager for ownership of the Fairmont Turnberry Isle Resort & Club, which is in Aventura, Fla., and was recently sold to new owners.
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