Hospitality Group

Michael Bernath Explains Hotel Finance Trends & State of Debt Markets


When it comes to 2013 hotel financing and measurements of the economy, Hotel Assets Group (Hotel AG) Vice President/Partner Michael Bernath is a great person to consult. With concentrations in finance, market analysis and investment, Michael has assisted in the closing in excess of $350 million in select service hotel transactions.     We asked Michael to tell us a little bit about hotel financing trends he sees and the current economy to give us a snapshot of the market. Over the past several mo... Read More

published: 03-09-2013

Hotel AG Lists Fairfield Inn-Dothan, Alabama


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Fairfield Inn, a limited-service hotel located in Dothan, Alabama. The Property is located approximately three-miles west of downtown Dothan and a short drive to Fort Rucker. The Hotel is also conveniently located near Meyer Electric, Southern Company, Flowers Hospital, Southeast Alabama Medical Center and Farley Nuclear facilities as well as the Peanut Festival, Highland Oaks Golf Course and the RTJ Golf Trail. Westgat... Read More

published: 03-07-2013

Hotel AG Lists Fairfield Inn & Suites-Columbus, GA


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the Fairfield Inn & Suites Columbus, a limited-service hotel located in Columbus, Georgia . The property is located on airport authority leased land. The Property is located half-a-mile from Interstate 185 and ideally located near Fort Benning and the Columbus Airport. Local area attractions nearby include historic downtown Columbus, the Coca-Cola Space Science Center, National Infantry Museum, the Springer Opera House, and the South Commons Soft... Read More

published: 03-06-2013

Hotel AG Lists Sarasota Hotel (Former Comfort Inn)-Sarasota, FL


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Sarasota Hotel, a limited-service hotel located in Sarasota, Florida. The Property is located approximately one-mile from the Sarasota/Bradenton International Airport and convenient to Interstate 75. The Property is within walking distance to The John and Mabel Ringling Museum of Art and the University of South Florida. The hotel is convenient to all area attractions such as Argosy University, Lido Beach, Siesta Key Bea... Read More

published: 03-01-2013

Hotel AG Lists Motel 6-Marble Falls, TX


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Motel 6, a limited-service hotel located in Marble Falls, Texas. The Property provides easy access to both Lakeside Park which hosts the annual LakeFest boat race and Falls Creek Park, home to a 12,000 square foot concrete and granite skate park with a canoe launch area. There are numerous other local area attractions convenient to the Hotel such as Falkenstein Castle, rated among the best wedding castles in the United ... Read More

published: 02-26-2013

Hotel AG Lists the Best Western-Jacksonville (Airport), FL


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Best Western Jacksonville Airport, a limited-service hotel located in Jacksonville, Florida. The Hotel is easily accessible to Interstate 95 and is located approximately one-mile from the Jacksonville International Airport and the Jaxport Cruise Terminal; also convenient to downtown Jacksonville and the Florida Proton Therapy Institute. The Hotel is located near an area which hosts several annual events which are locate... Read More

published: 02-20-2013

Hotel AG Lists the Chatt Inn-Chattanooga, TN


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in The Chatt Inn, a limited-service/extended stay hotel located in Chattanooga, Tennessee. The Hotel is conveniently located off of Interstate 24, minutes from downtown Chattanooga. The Hotel is near local area attractions such as Look-out Mountain, Ruby Falls, the Tennessee Valley Railroad Museum, The Chattanooga Choo-Choo, the Incline Railway, Rock City Gardens, and the Southern Belle Riverboat. The Tennessee Aquarium and IM... Read More

published: 02-14-2013

Keith Thompson Explains Hotel AG’s Involvement with REITs and Public Investment


Hotel AG sells many hotels to REITs and Public Investment Funds. Because REITs and Public Investment Funds are such a large part of Hotel AG's business, we wanted to talk more about these big players in the hotel industry. With the start of a new year, we also wanted to answer the question as to what the hotel industry can expect from these type of entities in 2013. There is no one better equipped to answer our questions than Hotel AG Principal Keith Thompson. Keith described, "In the 2012, about 60% of the 75 t... Read More

published: 02-11-2013

Hotel AG Closes 5 Hotels in January


ATLANTA – 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 ... Read More

published: 02-04-2013

Hotel AG Lists Colonial Inn-Phenix City, Alabama


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Colonial Inn, a limited-service hotel located in Phenix City, Alabama. The Property is located off of U.S. Highway 280 near many area points of interest such as Fort Benning, Fort Mitchell, Chattahoochee Valley Community College and the River Center for Performing Arts.. The Hotel is located near Columbus, Georgia and near many attractions including the Civil War Naval Museum, Idle Hour Park, the Phenix City Amphitheate... Read More

published: 01-29-2013

Important Announcements on Listed Assets


Hotel Assets Group has the following announcements: Crowne Plaza Williamsburg has been reduced to $5,000,000. Please contact Michael Bernath for more information. Quality Inn Forrest City has been reduced to $2,039,000. Please contact Rex Cagle for more information. Carriage Inn Ridgecrest has been reduced to $3,200,000. Please contact Michael Bernath for more information. Chris Stark has announced a Call For Offers set for January 23, 2013 on the Holiday Inn Express Egg Harbor Township. If you have questions on an... Read More

published: 01-14-2013

What's in Store for Primary and Secondary Hotel Markets in 2013


One question that we always ask at the beginning of a new year to better serve our clients is "what do we expect from the hospitality market in 2013?" Since primary market hotel sales shaped 2012, we wanted to look further to see what buyers and sellers can expect from primary markets in 2013. To give some personal insight into this question, we asked Hotel AG VP and Partner Andy Broad. Andy works out of New Jersey and has a lot of experience selling in primary markets such as Washington D.C., New York City, and Los An... Read More

published: 01-07-2013

Hotel AG Closes 75 Hotel Transactions In 2012


ATLANTA – December 28, 2012 – Hotel AG announced today the firm closed on its final transaction of the year last Friday totaling 75 hotel sales for the 2012 year. These closings are actual arms length transactions and do not include note sales, consulting, opinions of value, debt placement, etc. In addition to the year-end closings, Hotel AG has 272 hotels on the market totaling $2.7 billion of market value with many of the 272 under agreement and scheduled to close within the first quarter of 2013.&n... Read More

published: 01-02-2013

Hotel AG Lists the Holiday Inn Express- Wilkes-Barre, Pennsylvania


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Holiday Inn Express Wilkes-Barre East, a select-service hotel located in Wilkes-Barre, Pennsylvania. The Property is located in historic Wilkes-Barre, in the Pocono foothills and is easily accessible to Interstate 81 and Highway 315. The Wilkes- Barre/Scranton Airport is approximately eight-miles from the Hotel and the Veterans Administration Hospital is located one-mile southwest of the Property. Local area businesse... Read More

published: 12-17-2012

Hotel AG Lists Former Howard Johnson-Southfield, Michigan


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the former Howard Johnson, currently closed, a limited-service hotel located in Southfield, Michigan. The Property is conveniently located near Interstate 696 and Northwestern Highway. It is approximately 30 minutes from the Detroit Metropolitan Wayne County Airport and the City of Detroit is approximately 13-miles south. The Hotel is located immediately adjacent to St. John Providence Hospital, one of the largest employe... Read More

published: 12-13-2012

Happy Holidays From Hotel Assets Group


Since several of our brokers live around the nation, the entire staff of Hotel AG is only able to be together a few times a year. Our annual Christmas party is one of those times; we had a wonderful time last night reflecting on such a successful year. Keith Thompson spoke to the team and their families about the ties that bind our firm together: honesty, integrity, and hard work. We all shared some great food, a few laughs, and a few nice gifts too. The majority of our team was able to stay over for a meeting this mor... Read More

published: 12-10-2012

Hotel AG Closes Its 71st Hotel Of The 2012 Year


ATLANTA – November 26, 2012 – Hotel AG announced today that the firm has closed its 71st hotel transaction for the 2012 year. The vast majority of the properties closed were branded under Hilton, Marriott or IHG brands. The largest portfolio sale YTD was $200 million with the smallest portfolio at $25 million. Several other portfolio sales were priced in the $100 million range. Approximately 55 percent of the hotel properties sold were sold in portfolio transactions with the remaining properties being single asset s... Read More

published: 11-26-2012

Hotel AG Lists Red Carpet Inn-Kissimmee, Florida


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Red Carpet Inn, a limited-service hotel located in Kissimmee, Florida. The Property is located directly off of West Irlo Bronson Highway near entertainment, bars, and shopping. The Kissimmee Municipal Airport is approximately 12-miles from the Hotel. There are numerous local area attractions near the Property such as: Old town Entertainment Complex, Walt Disney World which is home to The Magic Kingdom, EPCOT, MGM Studios... Read More

published: 11-30-2012

Hotel AG Lists Celebration Suites at Old Town-Kissimmee, Florida


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Celebration Suites at Old Town , a predominately Tour & Travel select service hotel located in Kissimmee, Florida. The Property is located at Mile Marker 9, directly off of West Irlo Bronson Highway; immediately adjacent to Old Town USA Entertainment Complex and within walking distance to more than 20 restaurants, bars and shopping. The Kissimmee Municipal Airport is approximately 12-miles from the Hotel and only 2-... Read More

published: 11-19-2012

Hotel AG Recommends Hotel Solutions Partnership


Hotel Solutions Partnership is pleased to announce a major expansion in North America.  Helping clients in the hotel and hospitality industry since 2003, Hotel Solutions Partnership is comprised of 25 very experienced senior executives located around the globe.  The team of eight US-based consultants are focused on helping unlock the strategic advantage of hotels and hotel companies by boosting revenues, driving guest and employee satisfaction, and increasing profits. Hotel Solutions Partnership offers specialist hote... Read More

published: 11-12-2012