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Hotel AG, a Hotel Brokerage Company, Sells the
Hilton Garden Inn Columbia, South Carolina

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Atlanta, GA - September 24, 2008 – Hotel Assets Group, LLC known as “Hotel AG”, announces today that it has closed the transaction for the 143 room Hilton Garden Inn hotel located in Columbia, South 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 Hilton Garden Inn is a well located and very desirable hotel’ said H. Keith Thompson.

Hotel AG 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 AG is lead by long time industry professional H. Keith Thompson and primarily focuses on upscale Select Service hotels such as this Hilton Garden Inn. Hotel AG is not focused on geographic location, status, price or brand, rather Hotel AG is client driven and client specific. Hotel AG is currently marketing many similar hotel assets that can be found on the following website.

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

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Contact:

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

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Also See: Hotel Assets Group, LLC Sells Equity Stake in Company to Cassidy Pinkard Colliers / September 2008
Tom Huegel Joins Hotel A.G., A Hotel Brokerage Company / August 2008
Hotel A.G., a Hotel Brokerage Company Sells the Hilton Garden Inn (Savannah International Airport) Savannah, Georgia / August 2008
Hotel AG, a Hotel Brokerage Company, Engaged to Sell the Residence Inn/ Springhill Suites Development in Myrtle Beach South Carolina / July 2008
Hotel A.G., a Hotel Brokerage Company Sells the Hampton Inn Concord, North Carolina / March 2008
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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