24 Jan2019

Hunter Hotel Advisors sells Home2 Suites Pensacola, FL

Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – announces they have sold the Home2 Suites Pensacola, Florida to Encore Hospitality. 

General Hospitality Services opened this 106-key hotel in December 2017. Using exceptional NOI and room revenue data, the transaction netted $165k per key.

“This is the fourth Home2 Hunter has sold in recent months. Hilton created a well-designed brand standard that creates strong cash flow for the owner. With high NOI on stabilized income, Home2 is an attractive brand for many buyers. This is why Hilton is seeing such high demand from their Home2 developers.” – Teague Hunter, President, Hunter Hotel Advisors.


Shamir Patel, Vice President, Hunter Hotel Advisors said: "General Hospitality Services is a repeat client of Hunter Hotel Advisors. They have an eye for finding assets in markets that are on the verge of exploding and this is the case for the Home2 Pensacola. You have a top tier new construction hotel in a market that has an incredible number of in-place demand generators in an almost untouched market. Encore Hospitality took advantage of this and with their years of experience and expertise, will make this the premier limited service hotel in market." 



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