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HVM L.L.C. · Spartanburg, SC United States

Company Description

100 Dunbar St.
Spartanburg, SC
29306
United States (Map)
Phone: 864-573-1600
Fax: 864-573-1695
    View HVM L.L.C. Locations On A US MapThis link will open in a new window
    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 TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    2007 Sales (mil.)$1,090.0
    2007 Employees9,600

    HVM L.L.C. Executives

    13 executives listed for HVM L.L.C.'s Spartanburg, SC location.
    TitleName & BioContact
    President and CEOGary DeLappNetwork
    SEVP OperationsStephen WoolridgeNetwork
    EVP AccountingJoseph RogersNetwork

    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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