News for the Hospitality Executive
Hotel A.G., a Hotel Brokerage Company Sells the Hilton
(Savannah International Airport) Savannah, Georgia
Atlanta, GA August 4, 2008 – Hotel Assets Group, LLC known as “Hotel A.G.” announces today that it has closed the transaction for the 105 room Hilton Garden Inn located at the Savannah International Airport Savannah, Georgia. Hotel AG has seven alliance offices located in South Florida, Baltimore, Washington, Memphis, Louisville, Los Angeles and the greater Boston region.
The seller was Crossroads Hospitality headquartered in Statesboro, Georgia and the buyer was Apple REIT headquartered in Richmond Virginia. The property will be managed by Newport Hospitality on a going forward basis.
“The Hilton Garden Inn located at the Hilton Head international Airport
has been and continues to be one of the top performing hotels at the Savannah
Airport. The Savannah hotel market also continues to be one of the
best markets for Hospitality in the Southeast. The Hilton Garden
Inn brand along with the location of this hotel made the sell of this asset
a winning combination for all parties involved” said Scott Foster.
Hotel A.G. is a specialized hotel brokerage firm with a market specialty in Select Service hotels with a per property market value under $25,000,000. Hotel A.G. primarily focuses on upscale Select Service hotels such as this Hilton Garden Inn. Hotel A.G. is not focused on geographic location, status, price or brand; rather Hotel A.G. is client driven and client specific and is currently marketing many similar hotel assets that can be found on the following website.
For more information on Hotel A.G. please log onto www.hotelassetsgroup.com
|Also See:||Hotel AG, a Hotel Brokerage Company, Engaged to Sell the Residence Inn/ Springhill Suites Development in Myrtle Beach South Carolina / July 2008|
|Hotel A.G., a Hotel Brokerage Company Sells the Hampton Inn Concord, North Carolina / March 2008|
|Hotel A.G., a Hotel Brokerage Company sells the 175-Room Doubletree Hotel located in Greensboro NC for $22,500,000 / February 2008|
|Hotel A.G., a Hotel Brokerage Company Sells the Day’s Inn Hotel Hickory, North Carolina / February 2008|
|Hotel A.G., a Hotel Brokerage Company Closes 2 Hilton Garden Inn Transactions / February 2008|
|Hotel A.G., a Hotel Brokerage Company Sells the Hampton Inn hotel Port Wentworth, Georgia / January 2008|
|Hotel A.G., a Hotel Brokerage Company, Closes 8 Hotel Transactions Within the Last Six Weeks / January 2008|
|Hotel A.G., a Hotel Brokerage Company Sells the Hampton Inn hotel Bowling Green, Kentucky / January 2008|
|Hotel A.G., a Hotel Brokerage Company Sells the Courtyard by Marriott hotel Harrisonburg, Virginia / December 2007|
|Hotel A.G., a Hotel Brokerage Company Sells the Courtyard by Marriott hotel Somerset, New Jersey / December 2007|