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News for the Hospitality Executive |
Hotel AG Puts Multiple Hotels Under Contract and
Lists Full Service Hotel in New Jersey
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ATLANTA
“June 1, 2009” – Hotel Assets Group, LLC (Hotel AG), announced today that
it has placed three separate hotels under contract for closing late summer.
The hotels under contract include a Holiday Inn Express, a Country Inn
& Suites and a Holiday Inn Express conversion. The New Jersey full
service hotel will come to market mid June. The locations and financial
details will be announced as the deals progress.
“These contracted transactions are indicative of the market’s return to a more stabilized basis,” Keith Thompson, principal of Hotel AG remarked. About Hotel AG
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H. Keith Thompson
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