Hospitality Group

Avison Young Lists Broadway Hotel - San Francisco, CA


 The Broadway Hotel is a mixed-use retail/residential hotel located in a world-class location on the border of Nob Hill and Russian Hill, in one of San Francisco's most affluent and desirable neighborhoods. The subject site is rectangular and measures 7,551 square feet. The 26,659 square foot, 4-story building was built in 1907 and consists of 81 rooms with shared baths, three community kitchens, a manager's apartment and eight retail spaces with approximately 6,767 square feet of Gross Leasable Area (GLA). This pr... Read More

published: 04-10-2018

Avison Young Announces Call for Offers on Courtyard by Marriott Prattville


 Call for offers for this Courtyard by Marriott located in Prattville (Montgomery) AL is scheduled for April 19, 2018.  The Property is situated off Interstate 65, approximately ten miles from Downtown Prattville, and 18 miles from Montgomery Regional Airport (MGM). The Hotel is near local tourist attractions such as the Rosa Parks Library and Museum, Montgomery Museum of Fine Arts, Montgomery Zoo, Alabama State University, and Faulkner University. The Hotel has an on-site restaurant, as well as many dining, ... Read More

published: 04-10-2018

Avison Young Lists Highlands Condo Redevelopment - Gatlinburg, TN


Avison Young, as sole exclusive agent, is pleased to offer the fee simple and entitled interest in the Highlands Condo Redevelopment. The site has easy access from downtown Gatlinburg as well as the Gatlinburg Bypass. The three parcel, 6.113-acre/redevelopment is being offered on fee simple land and is entitled for condominium use. The development is currently zoned R-2 (medium-density residential). The site sits atop a ridge overlooking downtown Gatlinburg and the Great Smokey Mountains. Wildfires destroyed the condomi... Read More

published: 04-05-2018

Avison Young Lists Lenape Heights Golf Resort - Ford City, PA


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Lenape Heights Golf Resort (hereinafter "Property," of "Hotel"), a golf course and resort hotel located in Ford City, Pennsylvania.  The Property is conveniently located in the center of Armstrong County, 50 minutes from Downtown Pittsburgh, Pennsylvania. Lenape Heights is a n 18-hole public golf course, with a luxurious European-style Boutique Hotel with 20 rooms and suites, a fin-dining restaurant and outdoor terrace, Sport... Read More

published: 04-05-2018

Avison Young Hospitality Group First Quarter Review


ATLANTA – March 20, 2018 – The Avison Young Hospitality Group announced today that it expects to end the first quarter of 2018 having closed one hotel every week. The most notable sales included a full-service Marriott Hotel in the Chicago MSA and a Homewood Suites in downtown Nashville. The balance of closings included four other Hilton/Marriott select service hotels located throughout several regions and additional brand family closings.    Avison Young Hospitality brokers involved in... Read More

published: 04-02-2018

Avison Young Hospitality Group Announces January 2018 Closings


ATLANTA – February 12, 2018 – The Avison Young Hospitality Group announced today that it has brokered the transaction of six hotels in January. The hotels included a full-service Marriott, a Courtyard by Marriott, two Marriott Fairfield Inns, one Red Roof Inn and one Comfort Inn. The hotels were located in Chicago, Washington, D.C., El Paso, Texas, High Point and Greensboro, N.C., and Columbus, Ga. Avison Young Hospitality Brokers involved in these sales were Brad Sinclair, Andy Broad, Rick George, Wendy Bl... Read More

published: 02-15-2018

Avison Young Hospitality Group Announces Closings


ATLANTA – November 1, 2017 – The Avison Young Hospitality Group announced today that it has closed 33 hotel transactions over the past 22 weeks. It also announced the hotel practice group has closed 318 hotel transactions since 2013 consisting of 91 Marriott, 68 Hilton, 42 IHG, 27 Choice, 16 Red Roof, 14 Wyndham, 7 Carlson and 53 other branded, historical or independent hotels.  “The market is still in the window of this up-cycle,” said H. Keith Thompson principal at Avison Young. “... Read More

published: 02-07-2018

Avison Young Hospitality Group Announces 5 Over 5


ATLANTA – August 3, 2017 – The Avison Young Hospitality Group announced today that during the past five years ending July 31, the firm has closed one hotel transaction every five days. The hotels closed consisted of mostly franchise brand families and were located in each of the U.S. regions, with over half being Hilton or Marriott branded assets.  “This cycle has been like no other,” said H. Keith Thompson, principal at Avison Young. “This up-cycle began in spring of 2010 and its d... Read More

published: 02-07-2018

Avison Young Lists Crown Plaza - Little Rock, AR


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Crowne Plaza (hereinafter "Property," or "Hotel"), a full service hotel located in Little Rock, Arkansas. The Property is situated just off Interstate 430, near local tourist attractions such as Alltel Arena, the Clinton Presidential Library, Little Rock Zoo, and the MacArthur Museum of Arkansas Military History. Dining, shopping, and entertainment options like the River Market and Park Plaza Mall are within a few miles from the Ho... Read More

published: 02-06-2018

Avison Young Hospitality Group Has Another Strong Year in 2017


ATLANTA – January 18, 2018 – The Avison Young Hospitality Group announced today that 2017 was another strong transaction year for the hotel practice group. Since 2013, the group has closed 325 hotel transactions, consisting of 93 Marriott, 68 Hilton, 43 IHG, 28 Choice, 17 Red Roof, 15 Wyndham, seven Carlson and 54 other branded, historical or independent hotels. In addition, the hospitality practice currently has 191 assets on the market with a cap value of $3.2 billion. These assets combined have over... Read More

published: 01-29-2018

Avison Young Lists BG Sun Plaza Motel - Silver Springs, FL


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Point Lookout Resort & Conference Center (hereinafter "Property," or "Hotel"), a select service hotel located in Silver Springs, Florida.  The Property is situated in Silver Springs on East Silver Springs Boulevard just five miles east from Ocala. The Hotel is located within five miles of local tourist attractions such as Silver River State Park, Appleton Museum of Art, Silver Springs State Park, Ocala National Forest, an... Read More

published: 01-19-2018

Avison Young Lists Point Lookout Resort & Conference Center - Northport, Maine


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Point Lookout Resort & Conference Center (hereinafter "Property," or "Hotel,"), a full service resort and conference center located in Northport, Maine.  The Property is in the Crows Nest neighborhood of Northport. The are lies along the east of Penobscot Bay. Wrights Cove, Pitcher Pond. Fire Island, Spruce Head, and Ducktrap Harbor are a few unique landscape features around the are. The Ducktrap River enters Penobscot Ba... Read More

published: 01-19-2018

Avison Young Lists Quality Inn Skyline Drive - Front Royal, VA


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Red Roof Inn (hereinafter "Property," or "Hotel"), a select service hotel located in Front Royal, Virginia.  The Property is situated off U.S. Route 522, approximately an hour away from Washington D.C. and 48 miles from TF Washington Dulles International Airport. The Hotel is located near local tourist attractions such as Skyline Drive, Shenandoah National Park, Skyline Caverns, Andy Guest State Park, and Oasis Winery. Dining... Read More

published: 12-01-2017

Avison Young Lists Red Roof Inn - Somerset, KY


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Red Roof Inn (hereinafter "Property," or "Hotel"), a select service hotel located in Somerset, Kentucky.  The Property is situated just off US 27 in Somerset and four miles away from Lake Cumberland Regional Airport. The Hotel is near local tourist attractions such as SomerSplash Waterpark, 27 Twin Drive-in Theatre, Renfro Valley Entertainment Center, Mill Springs Battlefield Museum and Big South Fork Scenic Railway. Dining, ... Read More

published: 12-01-2017

Avison Young Lists Marriott Knoxville - Knoxville, Tennessee


Avison Young, as sole exclusive agent, is please to be engaged on the sale of the Knoxville Marriott (hereinafter "Property," or "Hotel"), a full service hotel located in Knoxville, Tennessee.  The Property is proximate to downtown Knoxville, a mile from the Knoxville Convention Exhibition Center and the University of Tennessee is located less than five minutes (within two miles) from the Property. The central business district, Knoxville's historic Old City, and the World's Fair Park, home to the Sunsphere, are a... Read More

published: 11-07-2017

Auction: November 28-30 Comfort Suites - Columbus, GA


Avison Young, as exclusive agent, is pleased to offer the fee simple interest in the Comfort Suites, a select service hotel located in Columbus, Georgia. The Property is situated just off Interstate 185 at exit eight, less than a mile away from Columbus Airport. The Hotel is mere minutes from Columbus State University and Fort Benning. Other local sites include Peachtree Mall, Columbus Museum, Coca-Cola Space Science Center and the National Infantry Museum.The Property is a four-story, interior corridor hotel which open... Read More

published: 10-19-2017

Avison Young Announces Call for Offers on Comfort Inn Las Vegas, NM


Avison Young is announcing a call for offers for the Comfort in located in Las Vegas, New Mexico. The call for offers will be held on October 27th, 2017.  The Property is situated just off Canam Highway and is visible from Interstate 25. The Hotel is located near local tourist attractions such as Montezuma Castle, Las Vegas National Wildlife Refuge, Fort Union National Monument, and Pecos National Monument. Dining, shopping, and entertainment options like the Old-Town Historic District are near the Property. The H... Read More

published: 10-13-2017

Avison Young Lists MainStay Suites - Clarksville, (Fort Campbell), TN


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the MainStay Suites Fort Campbell Clarksville (hereinafter "Property," or "Hotel"), an extended stay hotel located in Clarksville, Tennessee. The MainStay Suites Fort Campbell Clarksville is situated on Fair Brook Place off Wilma Rudolph Boulevard, just off Interstate 24. Downtown Clarksville and Austin Peay State University are seven miles from the Property. The Hotel is within walking distance to Logan's Roadhouse, Walmart, Applebee... Read More

published: 10-05-2017