Hotel Online  Special Report


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Thompson Calhoun Fair Brokers Sale of the Four Points
by Sheraton - Niagara Falls, New York

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ATLANTA, Georgia, February 7, 2005 - Thompson Calhoun Fair, LLC, an Atlanta-based hotel real estate firm, announced today that it advised Lodgian, Inc. in the disposition of the Four Points by Sheraton Hotel in Niagara Falls, New York. The Sheraton is a 189-room, full-service hotel situated on an approximately 2.8-acre parcel of land in the heart of the Niagara Falls’ downtown sector.  Hotel amenities include an indoor swimming pool, a Jacuzzi/sauna, a fitness center, a gift shop and game room.  In addition, the hotel offers a restaurant and lounge, as well as four meeting rooms comprising approximately 3,644 total square feet of space.  The property was sold to a private investment group for an undisclosed sum.

Tom Papelian, vice president of the firm stated, “The city of Niagara Falls is about to experience dynamic growth and redevelopment that is led by a strong commitment on the part of the city, the state of New York and private enterprise.  Long lagging the explosive growth occurring along the Canadian side of Niagara Falls, the U.S. destination has established clear objectives for growth and redevelopment that will soon help to rival its Canadian competitor for international gaming and tourism. 
 

The Sheraton is among the finest hotels in the market and features one of the city’s best hotel locations.  The intended future capital improvement plan for the Sheraton will help to strengthen the property’s future performance and more effectively serve the market’s growth in regional, national and international tourism”.

About Thompson Calhoun Fair
Thompson Calhoun Fair was formed to focus on servicing the transaction needs of clients in all segments of the hotel industry.  Founded in 2000, Thompson Calhoun Fair is headquartered in Atlanta


 From the left - Al Calhoun, Mark G. Fair (sitting),
and H. Keith Thompson
and is national in scope. Thompson Calhoun Fair can be found on the Web at www.tcfhotels.com.

 
Contact:

 Thomas D. Papelian
  Thompson Calhoun Fair, LLC
  404-995-8970
  tpapelian@tcfhotels.com
  www.tcfhotels.com

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Also See: Thompson Calhoun Fair Brokers Sale of the Fairfield Inn - Fenton (St. Louis), Missouri / January 2005
Thompson Calhoun Fair Brokers Sale of the Springhill Suites in Pinehurst, North Carolina / January 2005
Thompson Calhoun Fair Brokers Sale of the Hampton Inn in Matthews, North Carolina and the Hampton Inn in Concord, North Carolina / January 2005
Thompson Calhoun Fair Brokers Sale of the Comfort Inn Interstate in Ormond Beach, Florida / October 2004
Thompson Calhoun Fair Brokers Sale of the Bonaventure Resort & Spa - Weston, Florida / October 2004
Thompson Calhoun Fair Brokers Sale of the Howard Johnson Express Inn - Tupelo, Mississippi / September 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Midtown - Savannah, Georgia / Aug 2004
Thompson Calhoun Fair Brokers Sale of the AmeriHost Inn - Hudsonville, Michigan / July 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Express in Memphis, Tennessee / July 2004
Thompson Calhoun Fair Brokers Sale of the Amerihost Inn in Le Mars, Iowa and the Amerihost Inn in LaGrange, Georgia / June 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Howard Johnson Express Inn - Fort Myers, Florida / June 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the former HomeGate Studios and Suites - El Paso, Texas / June 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Days Inn MainGate East - Orlando, Florida / May 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Holiday Inn University Area - South Bend, Indiana / May 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Radisson Hotel Atlanta Airport - Atlanta, Georgia / April 2004
Thompson Calhoun Fair, LLC, Brokers Sale of Clarion Inn & Suites Blue Ash in Cincinnati and the Homegate Studios in San Antonio / March 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Express - Orlando, Florida / January 2004
ThompsonCalhounFair Closes 1 Hotel Transaction Every 7 Days in 2003 / January 2004
Thompson Calhoun Fair Brokers Sale of Atlanta Homewood Suites Buckhead for $12.8 million / Sept 2001
Thompson Calhoun Fair, LLC. Formed by Industry Veterans to Sell Hotel Assets / August 2000


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