HVM L.L.C. · Spartanburg, SC United States
Company Description
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HVM's guests need not worry about wearing out their welcome. The company manages under contract more than 680 hotels throughout the US and Canada under the Extended Stay America, Extended Stay Deluxe, Homestead Studio Suites, StudioPLUS Deluxe Studios, and Crossland Economy Studios brands. A hybrid between a hotel and an apartment, its lodgings offer all-suite accommodations targeting both business and leisure travelers looking for a temporary place to call home. The rooms feature separate living and dining areas along with fully-equipped kitchens. Some properties also boast exercise centers, swimming pools, and wireless Internet access. To read the full description, subscribe now.
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Key HVM L.L.C. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $1,090.0 |
| 2007 Employees | 9,600 |
HVM L.L.C. Executives
13 executives listed for HVM L.L.C.'s Spartanburg, SC location.
| Title | Name & Bio | Contact |
| President and CEO | Gary DeLapp | Network |
| SEVP Operations | Stephen Woolridge | Network |
| EVP Accounting | Joseph Rogers | Network |
Competition
Competitive Landscape for HVM L.L.C.
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top HVM L.L.C. Competitors
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