News

02 Oct2018

Hunter Hotel Advisors Represent Sale of Country Inn & Suites Asheville, NC

ATLANTA, October 2, 2018 – Hunter Hotel Advisors announces they represented the sale of Country Inn & Suites Asheville West by Raj Patel of Accente Group of Clemson, SC, to Daly Hotel Management of Greensboro, NC.  This select service property features 80 all-suite rooms with stunning vistas of the Blue Ridge Mountains. The buyer plans to renovate.

The Country Inn & Suites Asheville West is conveniently located minutes from the Biltmore Estate, the largest privately-owned home in the U.S., which is adjacent to the Pisgah National Forest, and the #1 attraction in Western North Carolina. The Biltmore Estate also offers a winery, horseback riding, hiking and historic gardens.  Historic Downtown Asheville, one of the hottest destinations in the Southeast, draws crowds for Fall color tours and activities.  Guests find a myriad of quaint restaurants, art galleries, shops and famous breweries. 

Tim Osborne, Vice President at Hunter Hotel Advisors’ Atlanta office: “Hunter is thrilled to be a part of this transaction. The property will be an attractive asset and solid performing part of the Daly Hotel Management portfolio.  The highly sought-after Asheville, NC area and strong management team are sure indicators for success.” 

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About Hunter Hotel Advisors

Hunter Hotel Advisors is the nation’s 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 40 years of experience in both full and select-service single assets and portfolios, the firm’s capacity in valuation, economic analysis, and industry relationships have allowed Hunter to consistently maximize value regardless of market conditions.  Hunter Hotel Conference is staged annually in Atlanta, and provides conferences and educational networking for hotel owners and investors across the United States. Entering it’s 31st year, the conference hosts over 1,700 attendees.  For additional information: email tim.osborne@hunterhotels.net, visit www.hunterhotels.net, www.hunterconference.com or contact the Atlanta headquarters at 770-916-0300.

 

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