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News for the Hospitality Executive


Hotel A.G., a Hotel Brokerage Company Sells the
Hampton Inn Concord, North Carolina

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Atlanta, GA March 11, 2008 – Hotel Assets Group, LLC known as “Hotel A.G.” announces today that it has closed the transaction for the 102 room Hampton Inn hotel located in Concord, North Carolina. Hotel AG has seven alliance offices located in South Florida, Baltimore, Washington, Memphis, Louisville, Los Angeles and the greater Boston region.

The seller was Newport Hospitality Group headquartered in Williamsburg Virginia and the buyer was Apple REIT headquartered in Richmond Virginia. The property will continue to be managed by Newport Hospitality on a going forward basis. Newport Hospitality currently manages 28 hotels located along eastern seaboard states and is widely respected within the Lodging industry. 


H. Keith Thompson

Brad Sinclair
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‘The property sale represented a very timely transaction for both the buyer and the seller. The Hampton is a very well located and very desirable hotel’ said H. Keith Thompson

Hotel A.G. is a specialized hotel brokerage firm with a market specialty in Select Service hotels with a per property market value under $25,000,000. Hotel A.G. is headed by long time industry professional H. Keith Thompson and primarily focuses on upscale Select Service hotels such as this Hampton Inn. Hotel A.G. is not focused on geographic location, status, price or brand, rather Hotel A.G. is client driven and client specific. Hotel A.G. is currently marketing many similar hotel assets that can be found on the following website.

For more information on Hotel A.G. please log onto www.hotelassetsgroup.com.

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Contact:

H. Keith Thompson
Hotel A.G. / Hotel Assets Group. LLC
Office: (770) 692- 1605
Fax: (770) 692-1608
Email: kthompson@hotelassetsgroup.com
www.hotelassetsgroup.com
 

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Also See: Hotel A.G., a Hotel Brokerage Company sells the 175-Room Doubletree Hotel located in Greensboro NC for $22,500,000 / February 2008
Hotel A.G., a Hotel Brokerage Company Sells the Day’s Inn Hotel Hickory, North Carolina / February 2008
Hotel A.G., a Hotel Brokerage Company Closes 2 Hilton Garden Inn Transactions / February 2008
Hotel A.G., a Hotel Brokerage Company Sells the Hampton Inn hotel Port Wentworth, Georgia / January 2008
Hotel A.G., a Hotel Brokerage Company, Closes 8 Hotel Transactions Within the Last Six Weeks / January 2008
Hotel A.G., a Hotel Brokerage Company Sells the Hampton Inn hotel Bowling Green, Kentucky / January 2008
Hotel A.G., a Hotel Brokerage Company Sells the Courtyard by Marriott hotel Harrisonburg, Virginia / December 2007
Hotel A.G., a Hotel Brokerage Company Sells the Courtyard by Marriott hotel Somerset, New Jersey / December 2007
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