HVM LLC, the group that manages the Extended Stay Hotel chain, has selected Charlotte, North Carolina, as the site of its headquarters relocation. The company will bring 170 positions to the city. HVM will invest $3.6 million in the facility. It was formerly located in Spartanburg, South Carolina.
"After careful consideration, we have determined that, as a leader in the hospitality industry, the
company's growing business and commercial needs will be better served from corporate
headquarters in a major, national market and transportation hub, said Gary DeLapp, president
and CEO of HVM. "Charlotte, in addition
to being home to seven of our hotel properties, provides an excellent nucleus for our plans and
expectations for growth. We are delighted to join the outstanding group of corporate citizens that
call Charlotte their corporate headquarters."
North Carolina's Economic Investment Committee has extended a Job Development Investment Grant (JDIG) worth up to $4.7 million to HVM.