Hotel Online Press Releases 
 Hilton Suites at Detroit Airport Sale
Arranged by Hotel Partners
 CHICAGO, IL (December 1997):  Bill Gudenau, chairman of Hotel Partners International, has confirmed the sale of the Detroit Metro Hilton Suites in Romulus, Michigan.  The 151-suite hotel was sold by a private investor to CapStar Hotels, Inc. for $14.8 million.  Vice president John Karver of Hotel Partners' Chicago office represented the seller.

The Hilton Suites is the sole all-suite hotel product in the airport market.  Detroit Metropolitan Airport is located immediately to the south.

This transaction represents Hotel Partners' second Detroit Metro Airport market hotel transaction in as many weeks.  Tom Ives of the firm's Atlanta office recently represented the seller in the sale of the Shoney's Inn Detroit Airport, located nearby.

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.
 

Contact:
Jim Burba,  Senior Vice President Business Development
714-553-0808
Kurt Lindsey,  Publicity Coordinator Marketing Associate
212-687-5500
email: kurt.lindsey@hotelpartners.com

 


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