Hotel Partners Arranges Sale of Detroit
CHICAGO, IL (19 December 1997): Bill Gudenau, chairman of Hotel
Partners International, has confirmed the sale of the Shoney's Inn Detroit
Airport. The 179-room hotel was sold by Sholodge, Inc. to an individual
will retain the Shoney's Inn
franchise. Vice president Tom Ives of Hotel Partners' Atlanta office
represented the seller in this transaction. Ives originally brokered
the sale of the hotel to Sholodge in 1994.
This full-service, highly-visible asset is located just north of Interstate
94 and Detroit Metropolitan Airport in Romulus, Michigan. This market
is witnessing significant development and investment due to excellent locational
attributes and exceptional transportation infrastructure.
About Hotel Partners International Chicago-headquartered Hotel
Partners International is the world's premier hotel investment advisory
firm. Services provided to the hospitality investment community include
individual hotel and portfolio acquisition and disposition, debt and equity
financing and asset management. Hotel Partners has offices in Atlanta,
Boston, Chicago, Dallas, Hong Kong, Honolulu, London, Los Angeles, Miami,
New York, Singapore and Tokyo.
Jim Burba, Senior Vice President Business Development
Kurt Lindsey, Publicity Coordinator Marketing Associate
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