News

08 Jul2015

Hunter Advises on Sale of Phoenix Airport Hotel

 

 

For immediate release:

Contact:  Martha Seabrook, Hunter Hotel Advisors

404-725-5854 or Martha.Seabrook@HunterHotels.net

 

     ATLANTA, July 8, 2015 - Hunter Hotel Advisors announced today that they advised on the sale of the 106-room Country Inn & Suites Phoenix Sky Harbor International Airport Hotel for a Los Angeles based hospitality company to an international investment group. The $7,350,000 transaction was Hunter’s 6th for their client who is in the process of repositioning their portfolio.

 

     “There is an overabundance of capital actively pursuing the better select-service hotel investments today,” said Danny Givertz, senior vice president. “As international money continues to flood the marketplace, investors are willing to get more aggressive than ever before on deals that are in highly desirable markets and well-positioned for significant growth.”

 

     Hunter's national brokerage offices specialize in full and select-service hotels including portfolios and individual assets for clients ranging from REITs and investment banks to regional hotel owners.  Visit www.HunterHotels.net for additional information, or contact the Atlanta headquarters at 770-916-0300.

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