Hospitality Group

Hotel AG Brokers Sale of Two Hotels

ATLANTA – January 22, 2012 – Hotel AG announced today the firm brokered the sale of two hotels that included a Hampton Inn in the West North Central Region and an independent hotel in the Mountain Region. The hotels were sold on behalf of Premier Management and 104 Courthouse LLC, respectively. "We had motivated parties which helped facilitate the successful closing of the Hampton Inn," commented Niven Patel, vice president of the firm.     hotel-ag-brokers-sale-of-two-hotels Chris Stark, vice president of Hotel AG, stated, "This transaction was a perfect example of how, even in the current environment, we are able to find the perfect buyer for an independent hotel in a tertiary market.''   About Hotel AG Headquartered in Atlanta, Georgia with 19 national offices, Hotel AG is a specialized brokerage firm offering hotel specific real estate and investment banking within the United States. Today, Hotel AG has 181 hotels on the market in 35 states valued at 1.4 billion. The company conducts business with REITs, public and private companies, institutional clients and individual owner operators. Hotel AG can be found online at www.hotelassetsgroup.com.

published: 01-22-2012

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