Hospitality Group

Hotel AG Sells a South Atlantic Region Hilton Garden Inn


Atlanta, GA July 30, 2010– Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a Hilton Garden Inn in the South Atlantic Region on behalf of Baywood Hotels. The property sold to Apple REIT Nine for a purchase price of $17,400,000. Brad Sinclair, Vice President of Hotel AG stated, "This transaction was made possible due to the quality of the developer, Baywood hotels, and the strength of the buyer, Apple REIT. This transaction closed 60 days from start to finish and was very sm... Read More

published: 07-30-2010

Hotel AG Sells the Orlando (I-Drive) Howard Johnson


Atlanta, GA July 9, 2010 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of the Howard Johnson Hotel located in Orlando, Florida on behalf of Davis Bros, Inc. The 165-room property sold to Capital Hospitality of Orlando for $2,850,000. Brad Sinclair, vice president of Hotel AG stated, "The buyer owns several other limited service hotels in the market and was very familiar with the Howard Johnson. His knowledge of the hotel and the market helped facilitate an easy transaction fo... Read More

published: 07-09-2010

Hotel AG Sells Fort Myers-Estero Embassy Suites


Atlanta, GA July 1, 2010– Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of the Embassy Suites located in Fort Myers-Estero, Florida on behalf of Carroll Hotel 21, LLC. The 150-suites property sold to RLJ Real Estate Fund III Acquisitions, LLC for an undisclosed amount. Tom Huegel, vice president of Hotel AG remarked, "This was an excellent acquisition for RLJ Hotels at a cost below replacement value and complements their recent acquisition of the Embassy Suites in downtow... Read More

published: 07-01-2010

Hotel AG Arranges Sale of Lake Oconee Lodge


ATLANTA – August 15, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm arranged the sale of The Lodge on Lake Oconee in Eatonton, Georgia on behalf of BB&T. The property sold to a private ownership group for an undisclosed amount. "This was a complex transaction due to the hotel/condo structure of the property,'' said Michael Bernath, vice president of Hotel AG. "All of the parties involved worked diligently to get the deal across the finish line.'' Eatonton, Georgia is located appro... Read More

published: 08-15-2011

Hotel AG Represents Windsor Hotels, LLC in the Sale of the Holiday Inn Express i


Atlanta, GA July 1, 2010 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of the Holiday Inn Express located in Johns Creek, Georgia on behalf of Windsor Hotels, LLC. The 80-room property sold to Premier Hospitality Investments, Inc. for an undisclosed amount. Victor Kalyanji, vice president of Hotel AG stated, "This was an opportunity for the investor to purchase an interior corridor asset with desirable brand affiliation significantly below replacement cost.'' The Hol... Read More

published: 07-01-2010

Hotel AG Represents Forsyth Inns, Inc. in the Sale of the Holiday Inn Express in


Atlanta, GA July 1, 2010 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of the Holiday Inn Express located in Forsyth, Georgia on behalf of Forsyth Inns, Inc. The 121-room property sold to Sairam Hotels, LLC for an undisclosed amount. Tom Huegel, vice president of Hotel AG stated, "This transaction took a lot of cooperation between the buyer, seller, lender and the brand and involved a new USDA loan throw African American Hair Long'>How To Grow African American Hair Long ... Read More

published: 07-01-2010

Hotel AG Lists Best Western-High Point, NC


The Best Western Plus High Point hotel is a 252-room hotel located in downtown High Point at 125 South Main Street. The City of High Point is strategically located within North Carolina’s 12-county Piedmont Triad region, centered between Boston and Miami, Washington and Atlanta, and Raleigh and Charlotte. The Piedmont Triad region is the county’s 37th largest metro area with a population exceeding 1.6 million. Known globally as "North Carolina’s International City'' and "Home Furnishings Capital of the World,'' Hi... Read More

published: 05-21-2011

Hotel AG Lists Salmon River Motel-Salmon, ID


(Approved for  Econo Lodge) The Salmon River Motel is located in the heart of the Salmon River Valley and conveniently located within walking distance to shopping and dining. The Hotel is close to local demand generators such as river rafting and guided fishing (both only one block from the Hotel), guided hunting, back packing, snow skiing, golf and hiking. The Salmon River Motel is a two-story, interior corridor, limited service hotel originally constructed in 2000. The Hotel is comprised of one, two-story building ... Read More

published: 05-25-2011

Hotel AG Lists Rodeway Inn-Tacoma, WA


The Rodeway Inn in Tacoma, WA, is located directly off Interstate 5 and minutes from the Tacoma Dome arena and the Tacoma Art Museum. The Hotel is centrally located near popular local attractions such as the Puyallup Fair & Events Center, Wild Waves theme park, Cheney Stadium and Point Defiance Zoo and Aquarium and Pacific Lutheran University and the Museum of Glass. The Hotel is 30-miles from the Seattle-Tacoma International Airport, and three-miles from Fort Lewis Joint Base. Additionally, local restaurants and co... Read More

published: 09-21-2011

Hotel AG Lists Red Roof Inn in Savannah, GA


The Red Roof Inn in Savannah, GA, is conveniently located in Savannah, off Interstate 95 via Abercorn Street (S.R. 204) on Stephenson Avenue. Savannah is the county seat of Chatham County, which is Georgia’s northernmost coastal county on the Atlantic Ocean. Historically known as the "Hostess City of the South,'' Savannah attracts a number of visitors to experience the mild climate, historic charm, moderately priced accommodations, and the unique downtown district. The City’s downtown district continues to be one of... Read More

published: 05-15-2010

Hotel AG Lists Red Roof Inn Jacksonville Airport


The Red Roof Inn Jacksonville Airport is located just off Interstate 95, 12 miles north of downtown Jacksonville and 20 miles west of Jacksonville area beaches. The Hotel is approximately two miles from the Jacksonville International Airport and is conveniently located near many local area attractions including the Mayo Clinic College of Medicine, Anheuser-Busch Brewery Tours, ATP Tennis Headquarters, Cummer Museum of Art & Gardens, the Jacksonville Zoo, Jacksonville Big Talbot Island State Park and EverBank Field, ... Read More

published: 10-21-2011

Hotel AG lists Independent Hotel-Ashburn, GA


The Independent Hotel-Ashburn is conveniently located off of Interstate-75 with easy access to key area attractions including the world’s largest peanut, the Crime and Punishment Museum and tours through historic Ashburn. The Property is situated with easy access to the Georgia Agrirama Museum; an 1870’s historic village and agriculture center, it is within close proximity to the Jefferson Davis State Historic Site, the Georgia Veterans Museum, and the Chehaw Wild Animal Park and Wild Adventures Water Park. Addition... Read More

published: 09-15-2011

Hotel AG lists Oceanfront Hotel-Jekyll Island, GA


Phase One – The Jekyll Oceanfront Resort Phase One contains 102 hotel/condominium units, contained within 13 two story buildings; five of the condo units have been sold. Each unit contains an open patio/balcony; kitchens include a pantry, cabinetry, granite countertops, stainless steel single-bowl sink, and appliances including dishwasher, range/oven, and refrigerator. Bathrooms include a tub and shower and vanity. Interior lighting includes incandescent lighting fixtures. Individual apartment units are sub-metered ... Read More

published: 10-12-2011

Hotel AG lists Nappanee Inn-Nappanee, IN


The Nappanee Inn is located at 2004 West Market Road, also known as U.S. Route 6 and the Grand Army of the Republic Highway, in Nappanee, Indiana. The City of Nappanee is located in north central Indiana in both Elkhart and Kosciusko Counties, 16 miles south of Elkhart, Indiana and 90 miles southeast of Chicago, Illinois. Nappanee, Indiana is a regional center for Recreational Vehicle manufacturing, and the Amish craft and tourism. The major demand generator in Nappanee is the Amish Acres Historic Farm and Heritage Res... Read More

published: 11-21-2010

Hotel AG Lists Motel 6-Saginaw, MI


The Motel 6 Saginaw-Frankenmuth is easily accessible off Interstate 75 and near many area attractions such as the Saginaw Fairgrounds and nearby French style castle known as Castle Museum, the Japanese Cultural Center and the Children’s Zoo at Celebration and Anderson Waterpark. The Birch Run Premium Outlets and the Lake Perris Raceway are within approximately 15-miles of the Hotel. The MBS International Airport is within 15-miles and the Flint Bishop International Airport is 35-miles from the Hotel. Several local are... Read More

published: 08-21-2011

Hotel AG lists Mariner's Village-Carlyle, IL


The Mariner’s Village Resort is located at 1 Resort Drive in Carlyle, Illinois, half-a-mile east of Illinois Highway 127 and one mile north of U.S. Highway 51. Carlyle is considered the "Gateway'' to Illinois’ Carlyle Lake, the largest man-made lake in Illinois. The property is proximate to the 26,000 acre Carlyle Lake, Governor’s Run Golf Course, West Access Marina, and Fisherman's Cove Adventure Park. Other area attractions in close proximity to the property include the South Shore State Park, Hazlet State Park,... Read More

published: 06-21-2010

Hotel AG lists Holiday Inn Express-South Padre Island, TX


The Holiday Inn Express & Suites is located near the island’s top corporations, and is only a three minute walk to the beach. The Hotel’s location is also nearby many outdoor activities such as windsurfing, dolphin watch, sunset cruises, deep sea fishing and bay fishing and the Port Isabel Lighthouse and Historical Museum. Sea Turtle, Inc. and the Birding and Nature Center are adjacent to the hotel and the Island Equestrian Center is 3 miles from the Property and they offer horseback riding on the beach at sunse... Read More

published: 09-20-2011

Hotel AG lists Holiday Inn Express-Farmington, MO


The Holiday Inn Express & Suites is located one hour outside of Saint Louis, Missouri. The Hotel is near Twin Oak Vineyard and Winery, Crown Valley Champagne House which is the first and only champagne house in the Midwest, and a thirty minute drive to St. Genevieve which is popular for the abundance of top wineries. The Property is only one mile from the Farmington Family Fun Center and within three miles from the Civic Center’s water park which includes a lazy river, water slides and other water activities. The ... Read More

published: 07-21-2011

Hotel AG lists Holiday Inn Express-Detroit, Michigan


The Holiday Inn Express Detroit Downtown is located in the heart of downtown Detroit and within walking distance of the Cobo Convention Center, Joe Louis Arena (Detroit Red Wings) and the MGM Grand Casino. The Detroit People Mover is nearby as is the Greektown Casino, Motor City Casino, Detroit Opera Hose, Fox Theatre, Hard Rock Café, Comerica Park (Detroit Tigers), and Ford Field home of the Detroit Lions. Additionally, the Hotel is only one block from Compuware World Headquarters, next to the Federal Courthouse, DTE ... Read More

published: 09-10-2011

Hotel AG lists AllSuites Hotel-Jackson, TN


The AllSuites Hotel (former Holiday Inn) in Jackson, Tennessee is a 135-room full-service fee simple hotel. The AllSuites Hotel is being offered at $4,300,000 or $31,851 per key. The hotel has a very stable financial history and is currently a good performer, continuing to be one of the top competitive full-service hotels in the area. The Kemmons Wilson family (founders of the Holiday Inn hotel system) built the Jackson, Tennessee hotel in 1989 and opened it as a Wilson World Hotel and Suites. The hotel boasts ‘larg... Read More

published: 12-21-2007