29 Nov2018

TownePlace Suites and Fairfield Inn & Suites in Mobile, Alabama Change Hands, and New Mobile Listing Announced

 ATLANTA, November 29, 2018 – A private equity group is building out their Gulf Coast portfolio with the acquisition of two properties in Mobile, Alabama: TownePlace Suites by Marriott and the Fairfield Inn & Suites by Marriott. Hunter Hotel Advisors represented the institutional seller in the transaction. 

The properties are located near I-10 and I-65 on the West side of Mobile, and offer the best of suburban comforts within easy reach of downtown Mobile. Close to retail, restaurants, and the University of South Alabama and University of Mobile.  Mobile is the birthplace of Mardi Gras in the US, and guests wanting to enjoy this family-friendly version of the celebration can enjoy the suite amenities both hotels offer during the festivities.

Tim Osborne, Vice President at Hunter Hotel Advisors, has worked with the buyer in the past. “The properties and the location fit well into the buyer’s profile, they will renovate the assets to enhance the value”, said Tim. 

“Hunter Hotel Advisors shares the excitement of this deal with all parties, and are happy to have applied our experience with Marriott branded hotels in the transaction.” – Teague Hunter, President, Hunter Hotel Advisors.

Building on their experience in Mobile, Hunter announces today that they are marketing another hotel for sale, the Homewood Suites in Providence Park.  This 86 room all-suite hotel was built in 1997 and offers significant in-place cash flow with operational upside.  Tim Osborne, Vice President, and Mayank Patel, Vice President, both of Hunter Hotel Advisors, are handling the sale.  Please contact Hunter for additional information. 


About Hunter Hotel Advisors

National reach. Local knowledge. 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 Investment Conference is staged annually in Atlanta, and provides education and networking for hotel owners and investors across the United States. Entering it’s 31st year, the conference will host more than 1,700 attendees in March 2019.  For additional information, visit, or contact the Atlanta headquarters at 770-916-0300.

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