for Two Hotel Properties for the Month of June
|June 9, 2006 – Phoenix: The Holiday Inn Midtown closed May 31st and
will be demolished to make way for luxury condominiums. NCL’s involvement
in the first phase of the redevelopment will be the liquidation of items
used in the operation of the hotel. The liquidation sale opens June
9th at 9:00 a.m. and is open to both the hospitality industry and the general
public. NCL’s most recent liquidations in the Phoenix/Scottsdale
area include the Radisson Resort & Spa, Holiday Inn Sunspree and the
Mountain Shadows Marriott.
NCL’s second liquidation sale is the Royal Pavillion Resort, located in the Atlantic Beach area of North Carolina. Long known as a favorite setting for oceanfront weddings, the hotel has been marked for demolition and future redevelopment. NCL’s liquidation sale of the 144 room hotel’s entire contents opens June 9th at 9:00 a.m. and will continue for 30 days.
For further information on both liquidations, visit NCL’s website at www.nclsales.com
NCL has remarketed the contents of more than 800 hotels and resorts in the continental U.S. and offshore, successfully completing over 300,000 guest rooms ranging in size for 100 to 2,000 room properties. NCL’s past liquidations include The Plaza Hotel, New York City, the St. Regis Los Angeles, the Park Hyatt Washington DC and the former Best Western Stapleton, Denver, CO.