News

24 Jan2020

Hunter Hotel Advisors Announces Sale of Hampton Inn Fort Lauderdale Airport North Cruise Port

Hunter Hotel Advisors announces the Hampton Inn Fort Lauderdale Airport North Cruise Port has been sold to Prive Group, a North Miami Beach investment and development firm, for an undisclosed sum.

The hotel was previously owned by an institutional investor and was the 137th and final closing by Hunter in 2019. Overall, Hunter represented the sale of 26 properties in Florida totaling more than $530 million last year. 

“The Miami/Fort Lauderdale metro area is the largest hotel market in the state, and it is a very competitive buying environment for select service properties of this caliber.  Prive Group will see positive RevPAR growth trajectory with this sought-after location”, said Teague Hunter, CEO, Hunter Hotel Advisors

Trey Scott, Senior Vice President with Hunter, serviced the transaction.

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