Hotel AG involved in 194 Hotel Transactions Since 2013
ATLANTA - January 22, 2015 - Hotel Assets Group, LLC (Hotel AG), announced today the firm has sold or advised on 194 separate hotel transactions during the 2013 and 2014 years. Of the 194 transactions, there were 169 select service hotels, 25 full-service hotels and 12 portfolios that closed.
The firm has 204 active hotel engagements on the market today totaling $2.6 billion with a number under sale agreement slated for a 1st quarter closing. In addition, the firm has just been engaged on 2 Florida portfolios that will hit the market in the next several weeks.
H. Keith Thompson, principal of Hotel AG, commented, "The pace of the transaction market today continues to demonstrate the strength in the fundamentals of hospitality real estate. We expect 2015 transactions will continue to outperform those of 2014 in both the number of transactions as well as the real estate value represented."
About Hotel AG