ATLANTA – May 19, 2021 – Avison Young Hospitality Group announced today that the firm has closed its 22nd hotel transaction of the 2021 year. The closed hotel transactions were across many brand families and located from California through the midwest and eastern seaboard states. Included in the sales were extended stay, upscale, full service, select service, and limited-service hotels.
Of most notable was an eastern seaboard Marriott portfolio transaction led by Avison Young brokers, Mike George and Andrew Broad. Additionally, Brad Sinclair, Michael Bernath, Thierry Roch, and Wendy Blissett have all closed multiple transactions thus far in 2021
The firm currently has 128 hotels on the market across most states with 52 under sale agreements. H. Keith Thompson said, “provided the recovery remains consistent, 2021 could see a healthy hotel transaction year.”