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Hyatt Hotels Signs With Reitir to Develop First Hyatt Branded Hotel in Iceland

Hyatt Centric | December 9, 2019

Expected to debut in 2022, the Hyatt Centric Reykjavík will offer 169 guestrooms located on Laugavegur, the main street of Reykjavík Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with H176 Reykjavík ehf, a fully owned subsidiary of Icelandic real estate company Reitir fasteignafelag hf, to open the first Hyatt branded hotel in Iceland. Expected to debut in 2022, the 169-room Hyatt Centric Reykjavík will bolster Hyatt’s lifestyle portfolio and the Hyatt Centric brand’s presence in Europe. Hyatt Centric Reykjavík will offer modern accommodations, three food and b...

Value-Add Quality Inn & Suites in Tennessee Will Be Available in Online Auction Via RealINSIGHT Marketplace This December

RealINSIGHT Marketplace | November 12, 2019

This December, Quality Inn & Suites, a full-service hotel located in Centerville, Tennessee, will be auctioned through the online commercial real estate platform, RealINSIGHT Marketplace. The Quality Inn & Suites is a fee-simple interest opportunity offered unencumbered by management and holds a prime location in the County Seat of Hickman County, the Western Gateway to Metro Nashville. About the Property: 39 Rooms Full Service Two Floors Built in 1977 Unencumbered of Management The Quality Inn & Suites also offers a restaurant with complimentary breakfast, a business center, seasonal outdoor ...

70-Room, Limited-Service Hotel in New Mexico to Hit Online Auction Block via RealINSIGHT Marketplace, This December

RealINSIGHT Marketplace | November 7, 2019

Aztec, NM Presidential Inn is being offered significantly below replacement cost with 1.72 Acres included in the sale. This December, Presidential Inn, a 70-room, limited-service hotel located in Aztec, New Mexico, will be auctioned through the online commercial real estate auction platform, RealINSIGHT Marketplace. The offering, presented by Berkadia and RealINSIGHT Marketplace, is unencumbered of management and the current lender will consider financing a new buyer. The new buyer will also have the opportunity to affiliate the Hotel with a new major brand, including Microtel, Comfort Inn, Sleep Inn, Red Lion, Red Roof Inn, o...

Fort Worth, TX Holiday Inn Hotel for Sale on RealINSIGHT Marketplace This December

RealINSIGHT Marketplace | November 5, 2019

This December, Holiday Inn Fossil Creek, a 126-room, full-service hotel is available for purchase through the online commercial real estate sales platform, RealINSIGHT Marketplace. The offering, presented by Paramount Lodging Advisors, provides potential investors with the opportunity to acquire the fee simple interest in a receiver controlled and operated 126-room Holiday Inn hotel with the opportunity to convert to a new Doubletree by Hilton franchise agreement upon sale. About the Hotel: 126 Rooms Five Floors Full Service 2,801 SFof Function Space Built in 2008 Unencumbered of Management and Brand A...

Radisson Providence Airport Hotel Will Be Auctioned on RealINSIGHT Marketplace This November

RealINSIGHT Marketplace | October 24, 2019

This November, Radisson Providence Airport Hotel, a newly renovated, full service, airport hotel optimally located in Warwick, Rhode Island, will be auctioned through the online commercial real estate platform, RealINSIGHT Marketplace. The offering, presented by Berkadia and RealINSIGHT Marketplace, represents a compelling opportunity to acquire a value-add opportunity with built-in operational efficiency upside. The Radisson Providence Airport Hotel recently completed a comprehensive $2.5 million renovation and now offers the newest rooms product in its competitive set, requiring minimal change of ownership PIP expenses for a new owner...

A Unique Opportunity in Coastal Maine

October 8, 2019

A UNIQUE OPPORTUNITY IN COASTAL MAINE Portions of the former Point Lookout Resort in Northport, Maine are now available for lease THE SITE AVAILABLE FOR LEASE INCLUDES: • (10) 3 bedroom cabins • (28) 2 bedroom cabins • (2) 1 bedroom cabins • Bowling Alley • Hedges Hall • Copper Pine café • The Education Center A WORLD CLASS FACILITY WITH VIEWS OF THE OCEAN.  This once in a lifetime opportunity is now available with possibilities as an event center, retreat and resort. For more information pl...

Avison Young Announces Recent 2019 Closings

Avison Young | August 21, 2019

ATLANTA – August 21, 2019 – Avison Young Hospitality Group announced that the firm recently closed seven hotel transactions ranging from a full service Marriott hotel to select service properties located from California to Vermont. Additionally, the firm expects to close six transactions over the next five weeks and 25 transactions throughout the 3rd and 4th quarter of 2019....

Tennessee Quality Inn & Suites Will Be Auctioned on RealINSIGHT Marketplace This September

RealINSIGHT | August 19, 2019

CENTERVILLE, TN—August 19, 2019—RealINSIGHT Marketplace and CBRE Hotels are pleased to offer the fee-simple interest in the 39-room Quality Inn & Suites, situated in Centerville, Tennessee. This full-service hotel is situated along Highway 100, between Highway 50 and Highway 48, and is approximately 15 miles from Interstate 40. This Quality Inn & Suites benefits from great accessibility and is within close proximity to some of Centerville’s main demand generators, including the Duck River (1.8 miles), Centerville RiverPark, Life Care Center of Centerville, Saint Thomas Hickman Hospital, Pink Cadillac Drive In Movie Theater, G...

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