Hotel Online  Special Report


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Thompson Calhoun Fair Brokers Sale of the
Fairfield Inn - Fenton (St. Louis), Missouri

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ATLANTA, Georgia, January 25, 2005 - Thompson Calhoun Fair, LLC, an Atlanta-based hotel real estate firm, announced today that it advised The Mullenix Companies and Dominion Hospitality in the disposition of the Fairfield Inn by Marriott located in Fenton, Missouri. The hotel is situated proximate to the intersection of Interstates 44 and 270, approximately 10 miles southwest of downtown St. Louis in one of the city�s most densely developed commercial sub-markets.  The Fairfield Inn consists of a three-story, interior-corridor building comprising 106 guest rooms. Amenities include a lobby/sitting area, a breakfast area, an indoor swimming pool and spa, an outdoor sundeck and an exercise room.   The hotel opened in July 1997 and is situated on approximately 2.53 acres of land within the Fenton Office and Industrial Park.  The property was sold for an undisclosed sum.
 
Tom Papelian, Vice President of the firm stated, �Transactions in today�s market frequently encounter extraordinary capital requirements imposed by the franchise which are intended to preserve the future of the license agreement and brand integrity.  In this particular instance the buyer and seller approached the brand requirements as a team and worked closely together to virtually eliminate unforeseen costs and challenges associated with PIP requirements during a change of ownership.  The approach resulted in an efficient transaction and sales process.�

About Thompson Calhoun Fair
Thompson Calhoun Fair was formed to focus on servicing the transaction needs


 From the left - Al Calhoun, Mark G. Fair (sitting),
and H. Keith Thompson
of clients in all segments of the hotel industry.  Founded in 2000, Thompson Calhoun Fair is headquartered in Atlanta and is national in scope. Thompson Calhoun Fair can be found on the Web at www.tcfhotels.com.

 
Contact:

 Thomas D. Papelian
  Thompson Calhoun Fair, LLC
  404-995-8970
  [email protected]
  www.tcfhotels.com

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Also See: Thompson Calhoun Fair Brokers Sale of the Springhill Suites in Pinehurst, North Carolina / January 2005
Thompson Calhoun Fair Brokers Sale of the Hampton Inn in Matthews, North Carolina and the Hampton Inn in Concord, North Carolina / January 2005
Thompson Calhoun Fair Brokers Sale of the Comfort Inn Interstate in Ormond Beach, Florida / October 2004
Thompson Calhoun Fair Brokers Sale of the Bonaventure Resort & Spa - Weston, Florida / October 2004
Thompson Calhoun Fair Brokers Sale of the Howard Johnson Express Inn - Tupelo, Mississippi / September 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Midtown - Savannah, Georgia / Aug 2004
Thompson Calhoun Fair Brokers Sale of the AmeriHost Inn - Hudsonville, Michigan / July 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Express in Memphis, Tennessee / July 2004
Thompson Calhoun Fair Brokers Sale of the Amerihost Inn in Le Mars, Iowa and the Amerihost Inn in LaGrange, Georgia / June 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Howard Johnson Express Inn - Fort Myers, Florida / June 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the former HomeGate Studios and Suites - El Paso, Texas / June 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Days Inn MainGate East - Orlando, Florida / May 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Holiday Inn University Area - South Bend, Indiana / May 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Radisson Hotel Atlanta Airport - Atlanta, Georgia / April 2004
Thompson Calhoun Fair, LLC, Brokers Sale of Clarion Inn & Suites Blue Ash in Cincinnati and the Homegate Studios in San Antonio / March 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Express - Orlando, Florida / January 2004
ThompsonCalhounFair Closes 1 Hotel Transaction Every 7 Days in 2003 / January 2004
Thompson Calhoun Fair Brokers Sale of Atlanta Homewood Suites Buckhead for $12.8 million / Sept 2001
Thompson Calhoun Fair, LLC. Formed by Industry Veterans to Sell Hotel Assets / August 2000


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