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 Condé 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's 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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Contact:
Kirby D. Payne, CHA
(401) 625-5016
KPayne@hvs.com
About American Hospitality Management
American Hospitality Management Company is a full-service hotel-management company founded by President
Kirby D. Payne, CHA, in 1988. The company has staff in South Florida, Rhode Island and Dallas. The company
has operated hotels throughout the United States and served a multiplicity of clients, including lenders, airport
authorities, law firms and individual investors. Through various partnerships, American Hospitality Management
Company has developed and owned several hotels. Payne, a 30-plus-year hotel-industry veteran, served as the 2002
Chair of the American Hotel & Lodging Association (AH&LA), is a former director of the National Restaurant
Association, and currently serves as a commissioner on the Certification Commission of the AH&LA’s Educational
Foundation. For more information, visit their Web site at www.HVSHotelManagement.com.
About HVS International
HVS International is a global consulting and services organization focused on the hotel, restaurant, timeshare,
gaming and leisure industries. Established in 1980, HVS performs more than 1,500 assignments per year for
virtually every major industry participant. HVS International is client-driven, entrepreneurial and dedicated to
providing the best advice and services in a timely, cost-efficient manner. For more information, visit the company
Web site at www.hvs.com.
