Hospitality

JACKSONVILLE AIRPORT MICROTEL PROTOTYPE OPENS

by admin April 30, 2008

JACKSONVILLE, FLA. — The Jacksonville Airport Microtel, a 77-room, three-story property owned by JAX Lodging and principals Gregory and Kim Spatz of Pompano Beach, Fla., has opened at 13200 International Airport Blvd. The hotel features Microtel’s new prototype design and includes single, double and suite accommodations. Amenities include a fitness center, business center, swimming pool and meeting room. The general contractor was United States Construction Corp., and the property will be managed by SKY Hospitality of Palm Harbor, Fla.

April 30, 2008

HAMPTON MARINA HOTEL CHANGES HANDS

by admin April 30, 2008

HAMPTON, VA. — Hampton Hotel Associates, an affiliate of MHI Hospitality, has purchased Hampton Marina Hotel, a nine-story, 172-unit property in downtown Hampton, from the Hampton Economic Development Corp. David Mumford of The Mumford Company’s Newport News, Va., office was the sole broker and exclusively represented the seller. The new owner plans to invest more than $5 million to reposition the property as a Crowne Plaza.

April 30, 2008

Hospitality Midwest

MOLINARO KOGER FACILITATES 234-ROOM HOTEL SALE

by admin April 30, 2008

IOWA CITY, IOWA — The Chicago office of Molinaro Koger (MK) has facilitated the sale of a 234-room Sheraton Hotel located adjacent to the University of Iowa in Iowa City. The hotel features more than 26,000 square feet of flexible meeting space, two restaurants with combined seating for 520, a full-service business center, a locally managed fitness center, an indoor swimming pool and a whirlpool. John Jameson of MK represented the seller, Ashford Hospitality Trust. The hotel was acquired by a joint venture involving Davidson Hotel Co. and Rockbridge Capital. It will remain a Sheraton and will be managed by Davidson. The purchase marks the sixth university-related hotel acquired by Davidson.

April 30, 2008

Hospitality Southeast

HOLIDAY INN STATESBORO SELLS

by admin April 28, 2008

STATESBORO, GA. — Steve Kirby and Burton Brooks of The Mumford Company’s Atlanta office were the sole brokers in the sale of a 92-room Holiday Inn Express in Statesboro, on behalf of an undisclosed seller and buyer. The four-story hotel is located at 125 South Main Street and will be repositioned as another brand in July after cosmetic renovations.

April 28, 2008

Hospitality Northeast

ROYERSFORD STAYBRIDGE SUITES TO BREAK GROUND

by admin April 28, 2008

ROYERSFORD, PA. — A new Staybridge Suites in Royersford is set to break ground this summer. The 104-room hotel features 65 studios, 31 one-bedrooms and eight two-bedrooms. All suites feature fully equipped kitchens and separate work areas. Amenities include an outdoor pool, a 1,000-square-foot meeting room and in-room video check-out. The hotel is slated for completion spring 2009. The hotel is owned by Latitude Hotels Group Royersford and will be managed by Ocean Hospitalities under a license agreement with InterContinental Hotels Group.

April 28, 2008

Hospitality Southeast

DOTHAN RESIDENCE INN OPENS

by admin April 25, 2008

DOTHAN, ALA. — Larry Blumberg & Associates has opened an 84-room Residence Inn by Marriott in Dothan. Hotel amenities include a swimming pool, multi-sport court, exercise room, social room and a business center. The property is located at 186 Hospitality Lane.

April 25, 2008

Hospitality Southeast

COQUINA PURCHASES HOLIDAY INN & SUITES LITTLE RIVER

by admin April 25, 2008

LITTLE RIVER, S.C. — Coquina Hotel has purchased a 79-room Holiday Inn & Suites in Little River, from Charleston, S.C.-based Charlestowne Hotels. The full-service hotel includes a restaurant and pool and features views of the Intercoastal Waterway. Scott Stephens of HREC Investment Advisors’ Tampa, Fla., office and Pat Culligan of its Memphis, Tenn., office were the sole brokers and exclusively represented the seller. The property is located at 722 Highway 17.

April 25, 2008

Hospitality Western

WINDSOR CAPITAL TO CONVERT OFFICE BUILDING INTO HOTEL PROPERTY

by admin April 25, 2008

PHOENIX — Phoenix-based Windsor Capital LLC has selected Phoenix-based Summit Builders to provide design/build services for the conversion of an existing 121,000-square-foot office building into a Hilton Garden Inn. Located on Van Buren Street in Phoenix, the property will undergo complete interior demolition and removal of exterior skin to become a 192-unit hotel. The 10-story hotel will feature a swimming pool, lobby, lounge, restrooms, conference rooms, a stairwell, a kitchen, a restaurant, laundry facilities, a fitness center and a business center. Additionally all mechanical, plumbing and electrical systems are being replaced. Phoenix-based Orcutt Winslow is also providing design services for the project. Interior demolition is currently underway with construction scheduled to commence second quarter 2008 with completion slated for late fourth quarter 2008.

April 25, 2008

Hospitality Southeast

CHARTER ONE HOTELS ACQUIRES HOLIDAY INN EXPRESS

by admin April 23, 2008

BREVARD, N.C. — Charter One Hotels has purchased a 63-room Holiday Inn Express Hotel & Suites in Brevard, from KSS Holdings, for $4.4 million. Atlanta-based Hodges Ward Elliott brokered the transaction on behalf of the seller. The property will undergo renovations and continue its affiliation with Holiday Inn Express.

April 23, 2008

Hospitality Southeast

STARWOOD OPENS WESTIN HUNTSVILLE

by admin April 21, 2008

HUNTSVILLE, ALA. — Starwood Hotels & Resorts Worldwide has opened Westin Huntsville, an 11-story, 284-unit property at Bridge Street Town Centre, a 550,000-square-foot mixed-use lifestyle center in Huntsville. The hotel features 210 guestrooms, 74 residential condominiums, a 7,900-square-foot ballroom, a boardroom, a restaurant, a full-service spa, a pool, a fitness center and a business center.

April 21, 2008

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