Close

Cart

Total $0.00

Checkout

Victoria, TX—Paramount Lodging Advisors (PLA) has arranged the sale of the Hampton Inn Victoria, TX. Managing Director Kami Burnette and Senior Associate Hussain Waseem sold the property via the Real Insight Marketplace platform. 

The 68-room hotel is located just north of downtown Victoria and is proximate to all broader area Victoria demand. Future plans under new ownership include a significant renovation to meet Hampton's Forever Young standard.

“The increasing commodities pricing is stabilizing the region and have presented a profitable opportunity for the new owner to add a premium brand to his hotel portfolio," stated Burnette. 

The sale reinforces PLA Texas’ growth marking the office’s sixth successful transaction in the last twelve months.

About Paramount Lodging Advisors

Paramount Lodging Advisors (PLA) is a hotel brokerage and advisory firm specializing in the sales of hospitality assets, debt and equity placement, as well as value enhancement services across the United States. For more information regarding PLA, please visit www.ParamountLodging.com.

Contact: Jacki Bubis

jbubis@paramountlodging.com / 3122390166

Related News

OTO Wins Hilton Developer of the Year Award -- for 2nd Consecutive Year

Hotel Capital Acquires The Tremont Chicago Hotel at Magnificent Mile and Mike Ditka’s Restaurant

Paramount Lodging Advisors Team Arranges Sale of the Holiday Inn Express St. Louis – Central West End St. Louis, MO

Authenticity Confronts Branding: Non-Branded Hotel Properties Offer Great Opportunity to Those Who Understand the Market

Paramount Lodging Advisors West Coast Office Sells California Courtyard by Marriott Land

Paramount Lodging Advisors Breaks Ground On New Chicago Office

Paramount Lodging Advisors Brings on New Senior Associate Sean Banilivy For Capital Markets

Paramount Lodging Advisors Sells 12th Consecutive Property in the Indiana Market

Driftwood Acquisitions and Development Acquires Doubletree by Hilton St. Augustine and Hampton Inn Daytona Beach/Beachfront

Paramount Lodging Advisors Arranges the Sale of Two Dallas-Area Fairfield Inn & Suites

Sale of Sheraton Metairie - New Orleans Hotel Facilitated by The Plasencia Group

Paramount Lodging Advisors Team Sells the Comfort Suites in Lafayette, IN

Paramount Lodging Advisors Team Arranges Sale of the Heartland Inn Coralville, IA

Paramount Lodging Advisors Welcomes Managing Directors Andy Wardner and Brian Guernier

Paramount Lodging Advisors Arranges the Sale of the Former Residence Inn located NW Indianapolis, IN

Paramount Lodging Advisors Sells Quality Inn & Suites Houston - Westchase

Paramount Lodging Advisors Assists in the Sale of the Detroit Metro Airport Marriott

Paramount Lodging Advisors’ Interns Awarded Highest Honors At DePaul University’s Real Estate Department Fall Reception

Paramount Lodging Advisors Opens St. Louis Office and Welcomes New Agent

Paramount Lodging Advisors Arranges the Sale of 649 Jones Street Formerly “Halcyon Hotel” Located in San Francisco, California

All News »

Please login or register to post a comment.