August 23, 2017 – MBA Hotel Brokers, Inc. announces the sale of the Holiday Inn Express in Quincy, Florida.
Suresh Patel, Associate Broker with MBA Hotel Brokers, represented the Seller, Kiwi’s Hospitality Inc. The hotel was purchased for an undisclosed amount. The 56 key hotel was built in 2006 and has won multiple awards. In 2016, it was awarded IHG’s highest honor, the Torchbearer Award. Also in 2016, the Holiday Inn Express Quincy was a winner of the TripAdvisor Certificate of Excellence.
MBA Hotel Brokers, Inc. announces the successful sale of the 73 unit, 4—story Holiday Inn Express in Easton, Maryland.
The sale was a one on one transaction completed by John J. Downes, Associate Broker with MBA Hotel Brokers, Inc. Mr. Downes had a prior relationship with the seller and also knew several potential buyers that were interested in purchasing a hotel in Maryland's Eastern Shore.
MBA Hotel Brokers, Inc. announces the sale of the Wingate by Wyndham East Louisville Kentucky. Suresh Patel was the listing broker and represented the seller in this deal.
The hotel has strong performance and cash flow. The buyer is a regional investor who understands the market and appreciates the location and the product.
2 Hotel Portfolio, Pennsylvania Sold
Comfort Inn, Tennessee Sold
Econo Lodge, Pennsylvania
Super 8, Iowa Sold
Independent Hotel, NJ
Independent Hotel, Georgia
Super 8, Arkansas
Independent, Puerto Rico
Hampton Inn, West Virginia Sold
Best Western, PA
Best Western, Virginia Motel 6 Conversion
Independent, Iowa Distressed Sale
Econo Lodge, Alabama
Ramada at BWI, Maryland
Country Inn Suites West Virginia
Comfort Suites, Arkansas
Best Western, Pennsylvania
Grand Ocean Hotel, Virginia. Sold
Country Inn & Suites, New York
Comfort Inn, SC
Super 8, Arkansas. Sold
Best Western, Virginia
Holiday Inn Express, PA
Quality Inn, Pennsylvania
Ramada Inn, Florida
Comfort Inn & Suites, PA
Hampton Inn, Maryland
Country Inn & Suites, Penn.
Holiday Inn Express, Penn.
Wingate by Wyndham, Penn.
"Thank you for all your help in the purchase of the Econolodge, Fort Payne, AL. Suresh Patel and MBA Hotel Brokers' service and experience were instrumental in successfully completing this transaction. I will use MBA Hotel Brokers' service in the future for other acquisitions. Also, I will strongly recommend to my friends and family, if they ever want to buy or sell hotels". - Buyer Econolodge, Alabama