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FORT ROYAL, VA. — Jericho, N.Y.-based Navika Capital Group has purchased Holiday Inn & Suites in Front Royal. Located at 111 Holiday Drive, the 2-year-old property features 124 rooms, an indoor pool, 5,000 square feet of meeting space and a Houlihan's Resaurant + Bar. Kyle Stevenson of Hunter Realty brokered the transaction. The seller and acquisition price were not disclosed.