Hospitality Group

Hotel AG Closes 5 Hotels in January

hotel ag closes 5 hotels in JanuaryATLANTA – February 4, 2013 – Hotel AG announced today the firm closed 5 hotel transactions in the month of January.  The brands represented included a Courtyard, Hawthorn Suites, Clarion, La Quinta and an independent bank-owned hotel.  The properties are located in the North West, South Central, Mountain Region and Florida.  The clients represented included LNR, US Bank, a regional lender and a private seller.

For the trailing 12 months ending January 2013, Hotel AG has closed 79 separate hotel transactions. 40 of the 79 closings were the upper tier, select service brands Hilton, Marriott and IHG.  Today, the firm has 278 hotels on the market totaling $2.7 billion with 31 properties under sale agreement expected to close within the 1st quarter of 2013.  Hotel AG has closed 1 hotel transaction every 7 days for the past 30 months.

The 79 transactions represented are as follows:

Doubletree – North Central
Courtyard by Marriott - North West
Hilton Garden Inn – Southeast
Fairfield Inn & Suites – North Central
Hampton Inn – North Central
Courtyard by Marriott – Florida
Hampton Inn & Suites – Florida
Hampton Inn – North Central
Hampton Inn & Suites – North Central
Hampton Inn & Suites – North Central
Residence Inn – North Central
Residence Inn – North Central
Springhill Suites – North Central
Hampton Inn & Suites – Southeast
Courtyard by Marriott – West Coast
Hilton Garden Inn – Florida
Hilton Garden Inn – Northeast
Hilton Garden Inn – Southeast
Hampton Inn & Suites – Southeast
Hilton Garden Inn – Southeast
Hilton Garden Inn – Southeast
Holiday Inn - Mid West
Holiday Inn Express - Upper Mid West
Holiday Inn – South Central
Hampton Inn & Suites – South Central
Holiday Inn Express – South Central
Holiday Inn Express & Suites – South Central
Fairfield Inn & Suites – South Central
Hampton Inn & Suites – South Central
Holiday Inn Express & Suites – South Central
Hampton Inn & Suites – South Central
Candlewood Suites – South Central
Holiday Inn Express & Suites – South Central
Hampton Inn & Suites – South Central
Courtyard by Marriott – South Central
Holiday Inn Express – South Central
Courtyard by Marriott – South Central
Hampton Inn & Suites – South Central
Courtyard by Marriott – South Central
Hampton Inn – Mid West
Doubletree – North Central
Hawthorn Suites – North West
La Quinta – South Central
Quality Inn – Florida
Independent Hotel – Mountain Region
Comfort Inn – South Central
Country Inn & Suites – South Central
Best Western – Southeast
Development Site – Florida
Comfort Inn – South Central
Fairbridge – North West
Sleep Inn – Florida
Red Roof Inn - Southeast
Red Roof Inn – South Central
Sleep Inn – Florida
Independent Hotel – Southeast
Days Inn – Southeast
Mariner Hotel - Mid West
Red Roof Inn – South Central
Clarion – Florida
Super 8 – South Central
Ramada Inn – Florida
Independent Hotel – Northeast
Independent Hotel – Southeast
Motel 6 – Southeast
Holiday Inn - North Central
Days Inn – Southeast
Independent Hotel – Southeast
Holiday Inn – Southeast
Quality Inn - Southeast
Comfort Inn – Southeast
Holiday Inn Express – Southeast
Days Inn – Florida
Comfort Inn – Mountain Region
Maingate Inn – Florida
Independent Inn – Southeast
Ramada Inn – Southeast
Ramada Inn – Southeast

"We believe transaction volume will be sustainable through the first 3 quarters of 2013 and that public money views hotel investments as the ‘darlings of the industry,’'' commented H. Keith Thompson, principal of Hotel AG.  "That said, we see debt compression as the major obstacle to continued growth in the hotel real estate sector.''

About Hotel AG

Hotel AG is a specialized hospitality brokerage firm offering hotel specific real estate within the US.  Headquartered in Atlanta, Georgia, the company has 15 brokers, 19 partners and operates in 48 states.  The firm 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: 02-04-2013

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