News

05 Oct2017

Hunter Hotel Advisors Close on Sale of Holiday Inn Express & Suites, Jacksonville South, Florida

For immediate release

Contact:  Nancy Petenbrink, Hunter Hotel Advisors

Nancy.Petenbrink@HunterHotels.net or 770-916-0300

 

ATLANTA, October 5, 2017 – Hunter Hotel Advisors announced today that their Jacksonville, Fla. office represented the owners of the Holiday Inn Express & Suites, Jacksonville South, Florida. The hotel opened in 1998 and has 88 guest rooms. The hotel underwent a thorough renovation in 2016 that fully updated the hotel to the latest Formula Blue brand standards from IHG. Trey Scott, from Hunter’s Jacksonville office, who represented the owners said, “The buyers were impressed by the quality of the renovation completed at the hotel which combined with the central location near many demand generators in Jacksonville’s Southside district, was very attractive from an investment perspective. The hotel is well positioned now and in the near future with little to no new supply in the pipeline.”

Hunter Hotel Advisors is the nation’s premier hospitality investment firm for clients ranging from REITs and private equity firms to regional hotel owners. Since January 2014, Hunter has sold over $2 billion in single assets and portfolio transactions. Visit www.hunterhotels.net for additional information, or by contacting the Atlanta headquarters at 770-916-0300.

 

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Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 35 years of experience in both full and select-service single assets and portfolios, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed Hunter to consistently maximize value regardless of market conditions. 

  

 

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