News

20 Jul2022

Hunter Hotel Advisors Arranges Sale of The Courtyard Ithaca Airport

Adding to a string of successful summer closings, Hunter Hotel Advisors (“HUNTER”) arranged the sale of The Courtyard Ithaca Airport in Ithaca, NY. Advised by Mayank Patel, Senior Vice President of HUNTER, DelMonte Hotel Group sold the 107-room, select-service hotel to Skyline Investments Inc. for $11.25 million...

21 Jun2022

HUNTER HOTEL ADVISORS ARRANGES SALE OF BAYFRONT VIRGINIA BEACH HOTEL

Hunter Hotel Advisors (“HUNTER”) is pleased to announce the sale of the Delta Hotel by Marriott Virginia Beach Bayfront Suites on the north shore of Virginia Beach, Virginia. Lingerfelt Commonwealth Partners sold the property to a joint venture between BlackPearl Capital and an affiliate of Paceline Equity Partn...

16 Jun2022

Hunter Hotel Advisors Arranges Sale of Element Hotel Palmdale

Hunter Hotel Advisors (“HUNTER”) is pleased to announce the sale of the Element Hotel Palmdale in Palmdale, California. Samchully America Corporation purchased the property from developer Benchmark Development on June 7, 2022. Danny Givertz and Brian Embree of HUNTER’s Los Angeles office represented both t...

13 Jun2022

Hunter Hotel Advisors’ Miami Office Announces Sale of Another Florida Hotel

Hunter Hotel Advisors (“HUNTER”) has arranged the sale of the Residence Inn by Marriott Melbourne in Melbourne, Florida. Robert Finvarb Companies together with Finvarb Group, sold the 133-room hotel to a private investment fund for an undisclosed price. Robert Taylor and Sophia Pittaluga of HUNTER’s Miami ...

09 Jun2022

Hunter Hotel Advisors Facilitates Sale of Urban Dual-Branded Property in South Carolina

Hunter Hotel Advisors (“HUNTER”) is pleased to announce the sale of the dual-branded Hilton Garden Inn and Home2 Suites in downtown Columbia, South Carolina. CN Hotels sold the property to an institutional buyer for an undisclosed price. Mayank Patel, Senior Vice President of HUNTER, advised the seller.  ...

01 Jun2022

HUNTER's Miami Office Facilitates Sale of Two Florida Hotels

The weather isn't the only thing heating up in Florida. Led by Robert Taylor, Executive Vice President of Hunter Hotel Advisors ("HUNTER"), and Sophia Pittaluga, Vice President of HUNTER, HUNTER's Miami office closed the sale of the Embassy Suites by Hilton Sarasota and the Fairfield Inn & Suites by Ma...

31 May2022

Hunter Hotel Advisors Arranges Sale of Three South Carolina Hotels

Hunter Hotel Advisors ("HUNTER") is pleased to announce the sale of a three-hotel portfolio in South Carolina. Lee Hunter, COO of HUNTER, and David Perrin, Senior Vice President of HUNTER, arranged the sale of the Hampton Inn & Suites in Fort Mill, South Carolina and the Fairfield Inn & Suites and Tow...

19 May2022

Hunter Hotel Advisors Arranges Sale of the Inn on Fifth

Hunter Hotel Advisors ("HUNTER") is pleased to share its role in the sale of the iconic Inn on Fifth in Naples, Florida. On May 11, 2022, Pebblebrook Hotel Trust, a publicly traded real estate investment trust ("REIT"), purchased the AAA Four Diamond hotel from its owner, founder, and developer, Phil McC...

14 Apr2022

Hunter Hotel Advisors Closes Sale of Atlanta Asset

Hunter Hotel Advisors (“HUNTER”) is excited to announce the sale of the Homewood Suites by Hilton Perimeter Center in Atlanta, Georgia. Mayank Patel, Senior Vice President of HUNTER, advised the seller on the transaction. The sale represents the latest in a string of deals Mayank has closed for RevPAR and Vision...

29 Mar2022

SALE OF EXTENDED-STAY ATLANTA HOTEL REINFORCES RESILIENCY OF SEGMENT

Hunter Hotel Advisors (“HUNTER”) closed yet another sale in its hometown of Atlanta. Led by Senior Vice President Tim Osborne, HUNTER brokered the sale of the Residence Inn by Marriott Atlanta Buckhead/Lenox Park to Auro Hotels and an institutional equity partner for an undisclosed amount. With the Residence Inn...

07 Mar2022

Hunter Hotel Advisors Closes Sale of Select-Service Florida Asset

Hunter Hotel Advisors ("HUNTER") is pleased to announce the sale of the Hampton Inn & Suites Bradenton Downtown Historic District. NexPoint Hospitality Trust purchased the property from The Widewaters Group. Tim Osborne and Trey Scott, Senior Vice Presidents at HUNTER, advised the sellers.  “The ...

09 Feb2022

Hunter Hotel Advisors Worked 9 to 5 on Sale of Property Near Dollywood

Like Dolly, Hunter Hotel Advisors (“HUNTER”) is working 9 to 5! We’re giving credit to Lee Hunter, COO of HUNTER, and David Perrin, Senior Vice President of HUNTER, for closing the sale of the Hampton Inn & Suites Pigeon Forge on the Parkway in the Great Smoky Mountains. The Ephant Group purchased the ...

19 Jan2022

Hunter Hotel Advisors Brokers Sale of Dual-Branded Property in Downtown Jacksonville

Hunter Hotel Advisors (“HUNTER”) is pleased to announce the sale of the Hilton Garden Inn Jacksonville Downtown Southbank and Homewood Suites Jacksonville Downtown. Under the advisement of Trey Scott, Senior Vice President of HUNTER, Lingerfelt CommonWealth Partners sold the dual-branded property to private equi...

17 Jan2022

Hunter Hotel Advisors Closes Sale of Embassy Suites in Kennesaw, Ga.

Hunter Hotel Advisors (“HUNTER”) is pleased to announce the sale of the Embassy Suites Kennesaw Town Center in Kennesaw, Georgia. Peachtree Hotel Group purchased the property from Townpark Hotel Holdings, LLC on Dec. 15, 2021. Robert Taylor, Executive Vice President of HUNTER, advised the seller on the deal. ...

04 Jan2022

Hunter Hotel Advisors Reflects on 2021 and Welcomes 2022

Hunter Hotel Advisors (“HUNTER”) reflects on a year of perseverance and growth at the start of the new year. As of December 31, 2021, HUNTER closed the sale of 86 properties totaling $1.5 billion, 95% of the 2019 dollar volume. In 2021, HUNTER added six new employees to the brokerage and conference teams. H...

23 Dec2021

Hunter Hotel Advisors Brokers Sale of Hyatt House Nashville at Vanderbilt

Hunter Hotel Advisors (“HUNTER”) is pleased to share the sale of the Hyatt House Nashville at Vanderbilt. David Perrin, Senior Vice President of HUNTER, advised Songy Highroads on the sale of the asset to OTO Development, which is part of The Johnson Group. HUNTER closed the deal on Dec. 22, 2021. “The ...

22 Dec2021

Hunter Hotel Advisors Brokers Sale of Hyatt Place in Downtown Greenville

Led by Senior Vice President Mayank Patel, Hunter Hotel Advisors ("HUNTER") represented Tara Investments in the sale of the Hyatt Place in Downtown Greenville, South Carolina. Apple Hospitality REIT bought the property in a continued effort to add newer vintage, high RevPAR assets to their select-service portfolio...

20 Dec2021

Hunter Hotel Advisors Closes Sale of Extended-Stay, Hilton and Marriott Portfolio

Hunter Hotel Advisors (“HUNTER”) is pleased to announce the sale of four Florida properties to an institutional investor.  Senior Vice Presidents of HUNTER Tim Osborne and Trey Scott advised the seller on the deal.  Aimbridge Hospitality will manage the properties on behalf of the new owners.  ...

01 Nov2021

Hunter Hotel Advisors Calibrates for Growth

Hunter Hotel Advisors ("HUNTER") is proud to announce the addition of two seasoned industry professionals to its team as the firm sets forward for growth. Sophia Pittaluga will be based out of Hunter’s Miami Office as a Vice President. With over seven years of industry experience, Sophia will be responsib...

18 Aug2021

Hunter Hotel Advisors Brokers the Sale of Home2 Suites by Hilton Jacksonville, FL Airport

Led by Mayank Patel, Hunter Hotel Advisors ("HUNTER") represented BPR Properties in the sale of the Home2 Suites by Hilton Jacksonville Airport in Florida. The buyer was a large private equity group focused on adding high RevPAR assets to its growing select-service platform.  “We are pleased to annou...

30 Jul2021

Hunter Hotel Advisors Represents Sale of Marriott and Hilton Four Asset Portfolio in Georgia and North Carolina

Guided by Senior Vice President Mayank Patel in their Atlanta office, Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – has successfully represented RevPAR Companies and Vision Hospitality Group in the sale of a four asset Marriott and Hilton portfo...

13 Jul2021

Hunter Hotel Advisors Arranges Sale for The Buccini Pollin Group

Hunter Hotel Advisors ("HUNTER") represented The Buccini Pollin Group in the sale of the 136 guestroom Hampton Inn & Suites Wilmington Christiana in Newark, Delaware, to District Lodging Capital. The property is conveniently located off Interstate 95 in the heart of Christiana and less than a mile from Christi...

06 Jul2021

Hunter Hotel Advisors Brokers the Sale of Home2 Suites by Hilton Savannah Airport

Led by Mayank Patel, Hunter Hotel Advisors ("HUNTER") represented BPR Properties in the sale of the Home2 Suites by Hilton Savannah Airport in Pooler, GA. The buyer was a large private equity group focused on adding high RevPAR assets to its growing select-service platform.  “The Home2 Suites Savanna...

18 Jun2021

Hunter Hotel Advisors Announce Sale of Hilton Branded Portfolio

Hunter Hotel Advisors ("HUNTER") is pleased to announce the sale of four Hilton branded hotels. Three of the properties are located within the Huntsville, Alabama MSA and the fourth hotel is in Opelika, Alabama, off of I-85 near Auburn University.  This portfolio is comprised of the newly opened Hilton Gard...

05 Apr2021

The 32nd Hunter Hotel Investment Conference Partners with CLEAR for Safer Conference Experience

The buzz of in-person events is on the rise and the Hunter Hotel Investment Conference is leading the way as one of the first industry conferences to return in 2021- taking place Monday, May 10th through Wednesday, May 12th. The Hunter Conference will be utilizing CLEAR’s Health Pass for the seamless COVID-19 screenin...

01 Apr2021

Hunter Hotel Advisors Arranges Sale of the Hilton Garden Inn Sawgrass Village located in Ponte Vedra Beach, FL

Hunter Hotel Advisors ("HUNTER") today announced the sale of the 127-Room Hilton Garden Inn (Hotel) Sawgrass Village located in the heart of Ponte Vedra Beach, FL.  Ponte Vedra Beach, home of the PGA Tour, is located within St. Johns County, one of the fastest growing counties in the country.  The Hot...

29 Mar2021

Hunter Hotel Advisors Sells the Courtyard by Marriott in Edison, New Jersey

Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – announces the sale of The Courtyard by Marriott in Edison, New Jersey. The fully renovated 149-room property is in a premier location for destination shopping, the New Jersey Convention & Expo...

01 Mar2021

Hoteliers are Resilient

By: Teague Hunter   Our industry has proven its resilience, and that is all because of the people who have dedicated their lives to the hospitality industry.    The power of social media and technology is stronger than I could have ever imagined. I cannot remember a tim...

19 Feb2021

Small Property Sales Remain Resilient Amid Pandemic

By Lynn Pollack | February 19, 2021 at 07:13 AM CBRE ranks as the top broker in sales of properties in the $5 to $25 million range, taking the top spot for the multifamily, industrial and office sectors for those property types, according to a new report from Green Street, which ranke...

20 Jan2021

4 Predictions For Atlanta CRE In 2021

Article by BISNOW, featuring President & CEO Teague Hunter, Hunter Hotel Advsiors.    Metro Atlanta's commercial real estate industry may be in for a smoother ride this year as the economy and society hope to transition from pandemic into new normal. Office landlords are likely to see new deals as...

30 Jul2020

AAHOA Names Speakers for 2020 Convention & Trade Show

ATLANTA—AAHOA has released the list of speakers scheduled to address the association’s membership during the 2020 AAHOA Convention & Trade Show, August 11-13. AAHOA pivoted to a virtual platform for its convention from its planned event in Orlando after the Florida Department of Health urged public gather...

26 Jun2020

Hunter Happy Hour – Industry ‘Good News’ Stories

Over the past few months, our industry has come together in many ways, offering free rooms to first responders, giving back to local communities, and much more. Join Hunter Hotel Advisors as we highlight these amazing stories and how our industry has stepped up during these times to help those in need.   Hunter H...

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, H...

22 Jan2020

Hunter Hotel Advisors Closes Two Properties in Lexington, Kentucky

Hunter Hotel Advisors announces the sale of the Hyatt Place Hamburg and the Homewood Suites by Hilton Hamburg in Lexington, Kentucky. The two properties were listed as a ten-property portfolio by an institutional owner and were purchased by Rainmaker Hospitality with a repeat equity partner.  Rainmaker Hospitality i...

06 Jan2020

Hunter Hotel Advisors Finishes 2019 With $1.2 Billion in Transaction Sales Volume

Hunter Hotel Advisors announces their 2019 year-end results will come in at $1.2 billion in transactions, with a total of 137 properties sold by the firm. The record year represents a net increase of 35% in total transaction volume, and 20% increase in the number of properties handled for the year. The properties were lo...

20 Dec2019

Hunter Hotel Advisors Completes Sale of Five Assets

Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – announces the sale of five (5) properties owned by an institutional investor, to separate buyers. Homewood Suites by Hilton Huntsville Downtown, Alabama will be managed by Yedla Management Company...

09 Dec2019

Marriott West Palm Beach, Florida Sold by Hunter Hotel Advisors

Hunter Hotel Advisors announces the sale of the Marriott West Palm Beach, Florida to a private investment firm. The seller is a private investment group. “The buyer believes in the growth in Palm Beach Market and the great potential of this hotel with a gateway location in downtown West Palm Beach. They are plannin...

22 Nov2019

TownePlace Suites by Marriott Fort Lauderdale Weston Sold by Hunter Hotel Advisors Team

Hunter Hotel Advisors announces the sale of the TownePlace Suites by Marriott Fort Lauderdale Weston to GB Companies, LLC, a real estate investment group with property holdings in Florida, Georgia, Nevada and Colorado. The seller is an institutional client. Trey Scott and Shamir Patel led the Hunter team in the valuation...

05 Nov2019

Hunter Hotel Advisors Announces Sale of Homewood Suites by Hilton St. Petersburg Clearwater to Hersha Hospitality Management

Hunter Hotel Advisors announces the Homewood Suites by Hilton St. Petersburg Clearwater has been sold to Hersha Hospitality Management (HHM) of Philadelphia, PA. Hersha Hospitality Management operates high-quality, upscale, luxury and lifestyle hotels in urban gateway markets and resort destinations.  The Homewood S...

31 Oct2019

A Spooky-Good October Closings Report

Hunter Hotel Advisors sold 16 properties for $234.5 M in sales during the month of October 2019.  Our talented team of advisors dedicated time, talent and resources to their listings, and ended the month with 16 property closings. They range in location from Vail to Florida, and throughout the US. A sele...

30 Sep2019

Hunter Closes on 9 Properties for The Month of September

Wrapping Up A Busy September This month, Hunter Hotel Advisors closed on 9 properties totaling $117 million dollars, representing well known brands and sellers on properties located across the country. Many of these closings came from listings started in February a...

25 Sep2019

Hilton Garden Inn, Fort Myers, Florida Sold to Lafrance Hospitality

Hunter Hotel Advisors announces the sale of the Hilton Garden Inn in Fort Myers, Florida to Lafrance Hospitality of Westport, MA.  Excel Group was the seller. Lafrance added the Hilton Garden Inn to their growing portfolio of properties in Florida and the Northeast.  Fort Myers is one of the top growth regions ...

19 Sep2019

Hunter Hotel Advisors Completes Sale of SpringHill Suites Ashburn/Dulles VA

Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – announces the sale of the SpringHill Suites Ashburn/Dulles Virginia to SAK Developers, LLC, a private investment group based in Richmond, VA. The hotel was built in 2009 and is located near Dulles...

21 Aug2019

Hunter Hotel Advisors Represents Sale of Courtyard by Marriott in Chapel Hill, NC

ATLANTA, August 21, 2019 – Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – has successfully represented an institutional seller in the off-market sale of the Courtyard by Marriott in Chapel Hill, NC. Atma Hotel Group Inc, a vertically int...

20 Aug2019

Hunter Hotel Advisors Closes on Hilton Garden Inn, Panama City, Florida

ATLANTA, August 20, 2019 – Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – announces the sale of the Hilton Garden Inn in Panama City, Florida to Visioners Hospitality LLC. The hotel was severely damaged after Hurricane Michael in 2018, b...

17 Jun2019

Hunter Hotel Advisors Closes Beachfront Hampton Inn & Suites Panama City Beach, Florida in Quiet Transaction

Hunter Hotel Advisors announces the sale and recapitalization of the Hampton Inn & Suites Panama City Beach, Florida, Beachfront. Built in 2017 by Innisfree Hotels in partnership with Stonehill, this 182-suite hotel boasts an irreplaceable oceanfront location on the northern Florida Gulf Coast, situated centrally in ...

19 Apr2019

Hotel Business - Hunter Hotel Advisors March Closings Roundup

NATIONAL REPORT—There’s recent hotel transaction activity in the industry, with Arbor Lodging Parters and Hunter Hotel Advisors closing on deals: Read the full story: Hunter Hotel Advisors March Closings ...

12 Apr2019

Hunter Hotel Advisors March 2019 Closings Roundup

Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – may have been busy at the 31st annual Hunter Hotel Investment Conference, but that didn’t slow the brisk closings activity for the month of March. We enjoy the time we spend with our colleagues...

05 Apr2019

Hunter Hotel Advisors Sells Hampton Inn Atlanta Canton

Hunter Hotel Advisors - the nation’s leading investment advisory firm focused exclusively on the hotel industry – has finalized the sale of the Hampton Inn Atlanta Canton. The 81-room hotel was built in 2008, and is located in Canton, Georgia north of Atlanta.  Situated in the foothills of the Blue Ridge...

02 Apr2019

2019 Hunter Hotel Conference Recap - Cleveland Research Company

We include a recap of the Hunter hotel conference, some key takeaways, key quotes, and a short review of the last handful of Hunter hotel conferences below. For full notes, see the Appendix. LINK TO FULL REPORT Key Takeaways RevPAR outlook modest – Expectations for RevPAR growth trajectory have moderated...

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