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 Hilton Suites is the sole all-suite hotel product in the airport
market. Detroit Metropolitan Airport is located immediately to the
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.
Jim Burba, Senior Vice President Business Development
Kurt Lindsey, Publicity Coordinator Marketing Associate
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