Hospitality Group

Avison Young Announces January and February Closings


ATLANTA – February 26, 2020 – Avison Young Hospitality Group announced that the firm has closed 20 hotel transactions during January and February. The property closings ranged from Hilton select service hotels to various other brands located throughout the northeast, upper Midwest, south central and southeast. Most all the hotels are under 200 rooms each and represent the ever changing hospitality investment market. The sellers represented in these transactions range from US investment companies, manag... Read More

published: 02-27-2020

Avison Young Lists Maplewood Suites Extended Stay - Liverpool, NY


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Maplewood Suites Extended Stay — Syracuse/Airport (hereinafter "Property" or "Hotel"), an extended stay hotel located in Liverpool, New York. Located on 7th North Street and easily accessible via Interstates 90 and 81, The Property is four miles from the Syracuse Hancock International Airport as well as downtown Syracuse. Attractions nearby include the Turning Stone Resort Casino, Point Place Casino, Del Lago Resort Casino, N... Read More

published: 01-28-2020

Avison Young Lists Element Conversion Buffalo Amherst - Buffalo, NY


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Element Conversion Buffalo Amherst (hereinafter "Property," or "Hotel"), an extended stay hotel located at 1265 Sweet Home Road, Buffalo, New York. The opportunity offers a new investor the ability to acquire the asset as-is today and finish the Element conversion/build-out or acquire the property at C/O from the owner upon completion. the Property is easily accessible via New York State Throughway Interstate 290 and located .3 mil... Read More

published: 01-27-2020

Avison Young Announces Call for Offers: The Chateau Hotel & Conference Center


Avison Young, as sole and exclusive agent, is pleased to offer the leasehold interest (with easy path to fee simple) for one of the highest visibility and commercially viable sites in the market, The Chateau Hotel & Conference Center (hereinafter "Property" or "Hotel"), a full-service hotel located in Bloomington, Illinois. The Property is off U.S. Route 66 three miles from downtown Bloomington. The Hoel is near local entertainment and attraction venues such as the U.S. Cellular Coliseum, Pepsi Ice Center, Bloomingt... Read More

published: 01-23-2020

Avison Young Lists the Holiday inn & Suites Mansfield - Conference Center


Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Holiday Inn & Suites Mansfield - Conference Center (hereinafter "Property" or "Hotel"), a full-service hotel located in Mansfield, Ohio on Park Avenue West in the heart of downtown Mansfield. The Property is connected via a catwalk to the acclaimed Renaissance Theatre next door and is near a variety of local dining, shopping, and entertainment destinations. Minutes from the hotel is The Ohio State University at Mansfield, T... Read More

published: 01-23-2020

Avison Young Lists Staybridge-avid Dual Brand Development Site


 Avison Young lists this Staybridge/avid Dual Brand Development site.  Property Highlights: Staybridge / avid Dual Brand Development site at the intersection of Texas Rte. 161 and Texas Rte. 183 in Irving, Texas Approved for 175 rooms High barrier to entry market and location Property borders the southeast side of DFW International Airport Over 100 national and international businesses within five miles Purchase price of the site also includes the cost of permits, drawings and approved IHG plans Fo... Read More

published: 12-12-2019

Avison Young Lists Florida-Georgia Marriott Portfolio


Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Florida/Georgia Marriott Portfolio totaling 165 rooms. The Portfolio is being sold fully unencumbered of management and debt and presents the investors with the opportunity to acquire a regionally focused portfolio of upscale hotels with existing in-place cash flow. The portfolio is diversified across two states and is made up of the upscale Marriott brands Courtyard by Marriott and Fairfield Inn & Sui... Read More

published: 11-22-2019

Avison Young Lists Development Opportunity - Topeka, KS


Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Re-Development Opportunity (hereinafter "Property," or "Hotel"), a Hotel located in Topeka, Kansas. The Hotel is located on Southwest Fairlawn Road in Topeka and is easily accessible with excellent visibility from Interstate 70. The Hotel is approximately 13 miles from the Topeka Regional Airport. The Property is near local and area attractions such as Washburn University, the Kansas State Capitol, Topeka Zoo, Forbes Field, the... Read More

published: 11-22-2019

Avison Young Lists Wyndham Garden Hotel - Cross Lanes, WV


Avison Young is pleased to offer, on a limited engagement basis to limited prospective purchasers and subject to withdrawal from the market at any time, the fee simple interest in the Wyndham Garden Hotel Cross Lanes Charleston (hereinafter “Property,” or “Hotel”), a select-service hotel located in Cross Lanes, West Virginia. The Hotel is off Interstate 64 with the hotel signage visible from the interstate. The Property is one mile from Mardi Gras Casino and Resort and 12 miles from Charleston, W... Read More

published: 10-23-2019

Avison Young Lists Marriott Farmington - Farmington, CT


The Marriott Farmington is easily accessible via Interstate 84. It is 13 miles away from the Hartford Brainard Airport and 10 miles from downtown Hartford Connecticut.  The Hotel is near local tourist attractions including 160 upscale boutiques and restaurants. The ESPN Headquarters and XL Center Arena are a short drive from the Hotel in downtown Hartford. Local businesses near the Hotel include United Technologies, Ernst & Young, Otis, Trumpf Inc, Stanley Black & Decker, Cognizant, Hartford Healthcare, Acc... Read More

published: 10-23-2019

Avison Young Announces Recent 2019 Closings


ATLANTA –October 9, 2019 – Avison Young Hospitality Group announced that the firm recently closed several hotel transactions. A full-service hotel in Memphis, a Hyatt Place in Augusta GA and a Marriott hotel in Lancaster PA. The firm has 35 other transactions totaling 622 million dollars under sale agreement with expected closings throughout the 4th quarter 2019.             ABOUT AVISON YOUNG Avison Young is the world’s fastest-growin... Read More

published: 10-10-2019

Auction: Hyatt Place Greensboro - NC


Hyatt Place Greensboro is a select-service, six-story, interior corridor hotel positioned on Stanley Road in Greensboro, North Carolina, near the convergence of I-40 and I-73, and 15 minutes from Piedmont Triad International Airport. The 124-room hotel offers a breakfast area, 24/7 Gallery Market, coffee-to-cocktails bar, outdoor pool and fitness center, 1,200 SF of meeting space, business center, and hotel-wide Wi-Fi. Guestrooms offer both king and double beds, flat-screen TVs, work desk, kitchenette, and pullout so... Read More

published: 09-20-2019

Auction: Hyatt Place Columbia Harbison - SC


We are currently accepting offers for the Hyatt Place Columbia/Harbison is a select­-service hotel, well-located on Kinley Road near Lake Murray Boulevard, in Irmo, South Carolina. The hotel is accessible from I-26 near downtown Columbia and close to Columbiana Mall and numerous dining, shopping and entertainment options. The six-story, interior corridor hotel opened as a Hyatt Place in 2007. The 127-room hotel features a lobby, reception, breakfast area, restaurant with 24/7 dining, an outdoor pool, fitness cent... Read More

published: 09-20-2019

Avison Young Lists Homewood Suites by Hilton York - York, PA


Avison Young, as sole exclusive agent, is pleased to offer the leasehold interest in the Homewood Suites by Hilton York (hereinafter "Property," or Hotel"), an extended stay hotel located in York, Pennsylvania, located off Interstate 83, close to Route 30. Central York is located approximately 2.5 miles away, while York College of Pennsylvania is located four miles away and Penn State York is located six miles from the Property. The Hotel is near local tourist attractions such as Harley Davidson, Hershey, and Marti... Read More

published: 09-18-2019

Avison Young Lists Courtyard Atlanta Suwanee - Atlanta, GA


Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Courtyard Atlanta Suwanee, a select hotel located in Suwanee, Georgia.  The Property is situated just off Interstate 85 and Celebration Drive. The Hotel is centrally located in Gwinnett County’s premier commercial district and 30 miles northeast of downtown Atlanta. Area attractions such as Infinite Energy Center, Road Atlanta, Gwinett Center Arena, and Lake Lanier are nearby. Dining, shopping, and The Mall of Georgia - ... Read More

published: 09-18-2019

Auction: Sept 23-25 - Former Days Inn Emporia


The Former Days Inn Emporia is a select-service hotel located at 3032 W US Hwy 50 in Emporia, Kansas. This former Days Inn is a highly visible hospitality asset offered free and clear of both brand & management. The Property offers investors with tremendous value enhancement opportunities with a PIP for conversion to a Travelodge. Positioned on a ±0.95 acres, this hotel property contains a 39-key, two-story, exterior corridor, ±15,295 SF building. Built in 1964 and renovated in 1984, the Hotel has a l... Read More

published: 08-23-2019

Avison Young Announces Recent Hires


ATLANTA – August 21, 2019 – Avison Young Hospitality Group announced today that Chris Kilcullen and Bill Shiver have joined the Avison Young Hospitality Group. Chris Kilcullen will operate from the Avison Young Denver office and Bill Shiver has joined in Atlanta. Chris Kilcullen – Christopher Kilcullen is an industry veteran with 25+ years of experience in the hospitality business. Most recently as SVP of Acquisitions for a non-traded REIT, where he completed over $160 million in transaction... Read More

published: 08-23-2019

Avison Young Announces Several Recent Closings


ATLANTA – May 30, 2019 – Avison Young Hospitality Group announced that with several closings over the last three weeks the firm has closed one hotel a week since January 2019 totaling $355,000,000 year to date in asset value. Additionally the firm has $401,000,000 under sale agreement with closings scheduled over the summer.    Since 2013, the Avison Young Hospitality Group has closed 106 Marriott branded hotels, 72 Hilton branded assets, 50 IHG branded assets and 163 historic, upscale bout... Read More

published: 05-31-2019