ATLANTA—Hospitality Ventures Management Group (HVMG) is in the middle of what it's calling a record-breaking year after wrapping up a strategic expansion of its traditional business model. Over the past six months, HVMG has entered into 10 new management contracts and seven new hotel development agreements.

Here's the backstory: HVMG started evolving and expanding its business model in 2013 to leverage changing market dynamics and trends. The fruit of that shift is a portfolio of eight independent properties, including two Four Diamond boutique beachfront resorts under development.

“We are a multi-dimensional operating platform, able to provide virtually any service throughout the entire hotel life cycle, from development to maximizing operating performance and creating value through the disposition process,” says Robert S. Cole, HVMG president and CEO. “Consistent with our business plan and growth strategy, we strive to be recognized as an expert operator and maximizer of upscale and full-service hotels by delivering excellence in revenue generation, the guest experience and profitability.”