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Hunter Hotel Advisors Closes on Sale of Fairfield Austin

Hunter Hotel Advisors Closes on Sale of Fairfield Austin

ATLANTA—Hunter Hotel Advisors announced today that their Los Angeles office represented Calif.-based Excel Hotel Group and the purchaser in the sale of the Fairfield Inn & Suites Austin Northwest in Austin, Texas. Built in 2014, the four-story hotel was purchased ...

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Hunter Hotel Advisors Closes on Embassy Suites Baltimore

Hunter Hotel Advisors Closes on Embassy Suites Baltimore

ATLANTA—Hunter Hotel Advisors announced that they represented an institutional investor in the sale of the Embassy Suites by Hilton Hunt Valley Baltimore for $20 million. The new owner plans to spend over $6 million to completely renovate the 223-suite hotel ...

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Hersha Hospitality Trust to Sell $185 Million Portfolio

Hersha Hospitality Trust to Sell $185 Million Portfolio

PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced the company has entered into a definitive agreement to sell a 5-hotel suburban portfolio totaling 757 rooms for $185 million, or $244,000 per key. “The sale of this ...

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Hunter Sells Hilton Garden Inn Fredericksburg

Hunter Sells Hilton Garden Inn Fredericksburg

ATLANTA—Hunter Hotel Advisors have announced that they acted as exclusive agents in the sale of the 148-room Hilton Garden Inn Fredericksburg. Excel Hotel Group, based in Virginia, purchased the 5-story hotel for an undisclosed amount from a New York private ...

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Radisson at Star Plaza Closing for New Complex

Radisson at Star Plaza Closing for New Complex

Merrillville, Ind.—The Radisson at Star Plaza and the adjacent Star Plaza Theatre complex, which has been an icon of the Merrillville community and Northwest Indiana for decades, will be permanently closing its doors in the coming months to make way ...

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HVMG Acquires Two Hotels for $50 Million

HVMG Acquires Two Hotels for $50 Million

ATLANTA, Ga.—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel ownership and management company, has announced it has formed a joint venture with True North Management Group of White Plains, N.Y., to acquire the 282-room Marriott Century Center in Atlanta, ...

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