Hotel Online News for the Hospitality Executive Two Red Roof Inns – Cincinnati-Sharonville, OH & Cincinnati-Blue Ash, OH SOLD by Warmbrodt Hotel Investments, Inc.
December 10, 2012 – Warmbrodt Hotel Investments, Inc. (“WHI”) is pleased to announce the sale of the two Red Roof Inns in Cincinnati, OH – Sharonville and Blue Ash. WHI acted as exclusive adviser on these separate transactions on behalf of one of its institutional clients.
Red Roof Inn consistently achieves high rankings in J.D. Power & Associates Guest Satisfaction Index Studies in the economy budget segment. The company has been expanding their franchise platform by selling certain assets to qualified franchisees. In conjunction with their $90 Million dollar renovation initiative, Red Roof is strategically implementing the NextGen redesign for all their properties and has been very well received by travelers. 
Cincinnati-Sharonville, OH 
Cincinnati-Blue Ash, OH
The property in Cincinnati-Sharonville, OH is a 108-room, three-story, exterior-corridor property built in 1987 and was totally renovated in 2006. The property in Cincinnati-Blue Ash, OH is a 108-room, two-story, exterior-corridor property, consisting of two buildings, built in 1984 and was totally renovated in 2005 and 2006. Both Sharonville and Blue Ash properties will be renovated to new standards and will maintain the Red Roof Inn franchise. “The properties consistently exceeded the market in all three operating metrics. The stable revenue fit well with the two operators who purchased separately,” said Zane Varvel, Vice President of WHI – Chicago office.
About Warmbrodt Hotel Investments, Inc. WHI is a growing real estate firm specializing in the disposition, acquisition, financing, and debt restructuring of hospitality related assets throughout the United States. For further information about this property and other current hotel property offerings, please contact Herb Warmbrodt in Kansas City at (913)381-3737, [email protected] or Zane Varvel in Chicago at: (312) 262-5930, [email protected]. Cincinnati-Sharonville, OH Cincinnati-Blue Ash, OH Contact: Warmbrodt Hotel Investments Kansas City Office 2020 West 89th Street Leawood, KS 66206 913-381-3737 Chicago Office 22 W. Washington Street, Suite 1500 Chicago, IL 60202 312-262-5930 [email protected] www.whikc.com Also See: Quality Inn – Lee’s Summit, Missouri – SOLD by Warmbrodt Hotel Investments, Inc. / November 2012 Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale of the Holiday Inn Express St. Louis Airport-Riverport / November 2012 Red Roof Inn – Chicago-Lansing, IL – SOLD by Warmbrodt Hotel Investments, Inc. / October 2012 Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale of Commercial Development Lots in Boonville, MO / October 2012 Red Roof Inn – Memphis East, TN – SOLD by Warmbrodt Hotel Investments, Inc. / September 2012 Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale of Select Service Portfolio / August 2012 Red Roof Inn – Detroit Airport West, Belleville, MI – SOLD by Warmbrodt Hotel Investments, Inc. / August 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of The Red Roof Inn – Westport – St. Louis, Missouri / July 2012 Warmbrodt Hotel Investments Announces Opening of Chicago Office / July 2012 Super 8, El Dorado, Kansas – SOLD by Warmbrodt Hotels / July 2012 Warmbrodt Hotel Investments Advises in the Sale of 5 Red Roof Inn Hotels: Chicago-Hoffman Estates , Chicago-Northbrook, Detroit-Troy, Detroit- Madison Heights and Detroit-Farmington Heights / June 2012 Warmbrodt Hotel Investments Advises in the Sale of Ramada-Stevens Point, Wisconsin / June 2012 Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale of the Red Roof Inn – Blue Ash, Ohio / May 2012 Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale of the Red Roof Inn – Sharonville, Ohio / May 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of Three Value Place Extended Stay Properties / April 2012 Call For Offers: Doubletree Suites by Hilton – Omaha, Nebraska Friday, May 11th , 2012 5:00 PM CST / April 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Quality Inn – Westport, St Louis, Missouri / April 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Quality Inn, Lee’s Summit, Missouri / April 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of the DoubleTree Suites by Hilton, Omaha Nebraska / March 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Holiday Inn Medical Center, Olathe, Kansas / March 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of The Q Hotel and Spa, Kansas City, Missouri / February 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Red Roof Inn – Southfield, Michigan / February 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Super 8 Hotel in Wakeeney, Kansas / Janaury 2012 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Red Roof Inn – Memphis East, Tennessee / January 2012 Warmbrodt Hotel Investments (WHI) Advises in the Sale of the Value Place Extended Stay-Nellis Air Force Base, Las Vegas, Nevada / October 2011 Warmbrodt Hotel Investments (WHI) Selected to Advise in the Sale of 3 Limited-Service Properties, Located in Select Locations Throughout the Midwest / October 2011 Warmbrodt Hotel Investments Advises in the Sale of the Historic Elms Hotel & Resort in Excelsior Springs, Missouri / July 2011 Warmbrodt Hotel Investments Selected To Advise In The Sale Of The Residence Inn By Marriott-Union Hill, Located In Kansas City, Missouri / July 2011 Warmbrodt Hotel Investments Advises in the Sale of the Residence Inn by Marriott, San Antonio, Texas / June 2011 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Best Western Plus Hotel and Suites-Olathe, Kansas / June 2011 Warmbrodt Hotel Investments Brokers Sale of Value Place Extended Stay, Murfreesboro, Tennessee / April 2011 Warmbrodt Hotel Investments Offering the Value Place Nellis Air Force Base, Las Vegas, Nevada at a Reduced Price / January 2011 CALL FOR OFFERS; Residence Inn by Marriott NW-San Antonio, Texas / November 2010 Warmbrodt Hotel Investments selected to advise in the sale of Value Place Extended Stay Hotel – Murfreesboro / August 2010 Warmbrodt Hotel Investments Selected to Advise in the Sale of Suburban Extended Stay Hotel – Located in Lenexa, Kansas / August 2010 CALL FOR OFFERS – Ramada Stevens Point, Stevens Point, Wisconsin / July 2010 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Ramada Omaha / May 2010 CALL FOR OFFERS – Value Place Nellis Air Force Base – Las Vegas, Nevada / April 2010 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Red Roof Inn Chicago-Lansing, Illinois / April 2010 Warmbrodt Hotel Investments Selected to Advise in the Sale of the Value Place – Nellis Air Force Base Located in Las Vegas, Nevada / April 2010 Warmbrodt Hotel Investments Advises in the Sale and Debt Placement of the Holiday Inn Express – Salina, Kansas/ March 2010 Warmbrodt Hotel Investments – WHI Selected to Advise in the Sale of the Ramada Stevens Point Located in Stevens Point, Wisconsin / October 2009 Warmbrodt Hotel Investments – WHI Selected to Advise in the Sale of the American Inn located in Greater Kansas City / October 2009 Warmbrodt Hotel Investments – WHI Selected to Advise in the Sale of the Cambridge Suites located in Wichita, Kansas / September 2009