ATLANTA
– February 4, 2013 – Hotel AG
announced today the firm closed 5 hotel transactions in the month of
January. The brands represented included a Courtyard,
Hawthorn Suites, Clarion, La Quinta and an independent bank-owned
hotel. The properties are located in the North West,
South Central, Mountain Region and Florida.
The clients represented included LNR, US Bank, a regional lender and a
private
seller.
For the trailing 12 months ending
January 2013, Hotel AG has closed 79 separate hotel transactions. 40 of
the 79
closings were the upper tier, select service brands Hilton, Marriott
and IHG. Today, the firm has 278 hotels on the market
totaling $2.7 billion with 31 properties under sale agreement expected
to close
within the 1st quarter of 2013. Hotel AG has closed 1 hotel
transaction every
7 days for the past 30 months.
The 79 transactions represented are as
follows:
Doubletree – North Central
Courtyard by Marriott - North West
Hilton Garden Inn – Southeast
Fairfield Inn & Suites – North
Central
Hampton Inn – North Central
Courtyard by Marriott – Florida
Hampton Inn & Suites – Florida
Hampton Inn – North Central
Hampton Inn & Suites – North
Central
Hampton Inn & Suites – North Central
Residence Inn – North Central
Residence Inn – North Central
Springhill Suites – North Central
Hampton Inn & Suites – Southeast
Courtyard by Marriott – West Coast
Hilton Garden Inn – Florida
Hilton Garden Inn – Northeast
Hilton Garden Inn – Southeast
Hampton Inn & Suites – Southeast
Hilton Garden Inn – Southeast
Hilton Garden Inn – Southeast
Holiday Inn - Mid West
Holiday Inn Express - Upper Mid West
Holiday Inn – South Central
Hampton Inn & Suites – South
Central
Holiday Inn Express – South Central
Holiday Inn Express & Suites –
South Central
Fairfield Inn & Suites – South
Central
Hampton Inn & Suites – South
Central
Holiday Inn Express & Suites –
South Central
Hampton Inn & Suites – South
Central
Candlewood Suites – South Central
Holiday Inn Express & Suites –
South Central
Hampton Inn & Suites – South
Central
Courtyard by Marriott – South Central
Holiday Inn Express – South Central
Courtyard by Marriott – South Central
Hampton Inn & Suites – South
Central
Courtyard by Marriott – South Central
|
Hampton Inn – Mid West
Doubletree – North Central
Hawthorn Suites – North West
La Quinta – South Central
Quality Inn – Florida
Independent Hotel – Mountain Region
Comfort Inn – South Central
Country Inn & Suites – South
Central
Best Western – Southeast
Development Site – Florida
Comfort Inn – South Central
Fairbridge – North West
Sleep Inn – Florida
Red Roof Inn - Southeast
Red Roof Inn – South Central
Sleep Inn – Florida
Independent Hotel – Southeast
Days Inn – Southeast
Mariner Hotel - Mid West
Red Roof Inn – South Central
Clarion – Florida
Super 8 – South Central
Ramada Inn – Florida
Independent Hotel – Northeast
Independent Hotel – Southeast
Motel 6 – Southeast
Holiday Inn - North Central
Days Inn – Southeast
Independent Hotel – Southeast
Holiday Inn – Southeast
Quality Inn - Southeast
Comfort Inn – Southeast
Holiday Inn Express – Southeast
Days Inn – Florida
Comfort Inn – Mountain Region
Maingate Inn – Florida
Independent Inn – Southeast
Ramada Inn – Southeast
Ramada Inn – Southeast |
“We believe transaction volume will be
sustainable through the first 3 quarters of 2013 and that public money
views
hotel investments as the ‘darlings of the industry,’” commented H.
Keith
Thompson, principal of Hotel AG. “That
said, we see debt compression as the major obstacle to continued growth
in the
hotel real estate sector.”
About Hotel AG
Hotel
AG is a specialized hospitality brokerage firm offering hotel specific
real
estate within the US. Headquartered in Atlanta, Georgia, the
company has
15 brokers, 19 partners and operates in 48 states. The firm
conducts business with REITs, public
and private companies, institutional clients and individual owner
operators. Hotel AG can be found online at
www.hotelassetsgroup.com.