Hotel & Motel Management - March 3, 2008 - (Page 52) 52 Real Estate H&MM March 3, 2008 | HotelMotel.com www.HotelMotel.com/digital_edition Real Estate Hotel Acquisition Opportunities Colorado Comfort Inn, Louisville: 68 unit, ltd service, located between Denver and Boulder, near University CO, $4.19M ask; Mark Darrington 303 267 0057 ext 111. Colorado Quality Inn Central Denver, Denver: 209 guest rooms, full service, outstanding location and visibility along I 25/I 70, proximate to downtown, $6.9M ask; Mark Darring ton 303 267 0057 ext 111. Illinois 203 N. Wabash, Chicago: Irreplaceable location in heart of Chicago, unique historic adaptive reuse opportunity for up to 240 room hotel; Jeff Preston 312 645 9010. Kansas Candlewood Suites: 83 suites, newly opened 2007, outstanding cash flow, great lodging market, near several demand generators; Nick DePaolo 312 645 9010. Minnesota Best Western, Marshall: 100 guestrooms, only full service hotel in Marshall, $1.5M in GRR, 6.5% RevPar increase in 2007, $4.5M ask; Nick DePaolo 312 645 9010. Minnesota Four Points, Minneapolis: 252 guestrooms, strong top line revenues, excellent highway location 4 miles from downtown Minneapolis; Nick DePaolo 312 645 9010. Missouri Nationally Branded Hotel, Branson: 150+ rooms, well maintained & managed property, ideal “strip” location in heart of entertainment district, adjacent to several attractions; Larry Kaplan 303 267 0057 ext 113. Montana War Bonnet, Butte: 131 rooms, full service, located off Butte exit on I 90/15, opportunity to change to Quality Inn, $4.95M ask; Larry Kaplan 303 267 0057 ext 113. Nebraska Best Western, Omaha: 122 guestrooms, re cently renovated, proximate to several area demand gen erators and downtown Omaha; Ted Anka 312 645 9010. Ohio Comfort Inn, Marietta: 120 guestrooms, newly renovated, increasing revenues, excellent Interstate 77 accessibility and visibility; Jeff Preston 312 645 9010. Pennsylvania Pittsburgh Hotel Portfolio, Pittsburgh: four first class select service hotels totaling 270 guestrooms, high quality lodging facilities, major brands, offered unen cumbered by management; Geoff Davis 212 551 1775. South Dakota Best Western Sundowner Inn, Hot Springs: 51 guestrooms, quality ltd svc hotel, excellent condition located in downtown Hot Springs near Black Hills tourism area, $2.7M; Mark Darrington 303 267 0057 ext 111. Virginia Quality Inn, Fredericksburg: 166 guestrooms, historic location between Washington, DC and Richmond, VA, strong highway positioning along I 95, offered at less than replacement cost; Andrew Broad 212 551 1776. Costa Rica 2.2 Acre Beachfront Site, Jaco: beachfront property with unobstructed views of Pacific Ocean and Coastal Mountains—LAST BEACHFRONT LAND AVAIL ABLE FOR DEVELOPMENT; Jeff Preston 312 645 9010. Mexico 3500 Acre Development Site, La Paz: mixed use development opportunity, on 9 miles of coastline, located on Eastern Coast of Baja California on the Sea of Cortez near Intl Airport; Jeff Preston 312 645 9010. ORLANDO - DISNEY WORLD 10% Cap - Seller Financing Available Both properties are next to each other on 17 acres, across the street from Disney’s Celebration and two miles from Disney World. Denver New York New Jersey Chicago Los Angeles Tampa Boca Raton Visit our website at www.hrec.com for complete listings! “Exclusive Marketing Agents Representing Owners of Owners of Hotel Real Estate” Howard Johnson - 367 rooms - $16.5M Rodeway Inn - 200 rooms - $9.9M MUST SELL - MAKE OFFER “Exclusive Marketing Agents Representing Hotel Real Estate” Owners of Hotel Real Estate” g g p LEISUR E Real Estate Advisors, L.L.C. LEISUR E HOTELS FOR SALE Review our Listing Portfolio at R e a l E s t a t e A d v i s o r s , L . L . Cwww.leisurerealestate.com . Email: info@leisurerealestate.com Please Email: harveyLV@aol.com, 813-376-4075 Harvey Estes, Exec Realty, LLC CONCORDE GROUP INC. 417-881-5500 www.concordegroupinc.com Ref #130 – Fantastic new listing! 44 guestrooms, 2 story, interior corridor, franchised. Check our website for more info on this and other great properties HOTELS FOR SALE SOUTHEAST INTERNATIONAL HOTEL BROKERS (417) 865-2520 www.southeastinternational.com HOSPITALITY IS OUR ONLY BUSINESS! 47 Years of Business! leisurerealestate.com Kansas City - Lincoln, NE 913-894-5252 402-421-8014 See our current listings at: PLUS restaurant/lounge, banquet rms, game rm & pool. On 9.89 MN acres at I-90 exit. 65 mi to Sioux Falls, SD. $2,200,000. 117 UNIT MOTEL United Country® 1-800-999-1020 Ext 195 www.unitedcountry.com/hotel Your ticket to new customers! Call Brian Olesinski 800-669-1668 ext 3794 bolesinski@questex.com CORPUS CHRISTI: Motel Site Development: ±1.6 acre site to build franchise motel $599,000: College Station--Texas A & M: 100 rooms plus, land, $3.3 mil. Om Realty Finance Company (972)612-0000 omrealtyfinance@gmail.com 3/3 FOR SALE BY OWNER: Howard Johnson Bangor, Maine. 60 rooms interior, I-95 excellent location, casino opening one mile, expansion possible, full service, 2007 gross revenue 1.85M. Rooms only gross sale 946,456. NOI 450K. Occupancy, ADR and rev par trending up, recent bank appraisal 3.55M asking 3.5M. Contact Khan 401-279-3179. 3/3 SUPER 8 MOTEL FOR SALE Near Cincinnati downtown. 107 Rms. Rev. 922K. Ask 3.1 Mil. 3 floors. Exterior corridor, elevator. Serious buyers call 859-866-3100. 3/3 enhance KY - LOUISVILLE, new listing! 81 room, 3 story interior corridor, airport & interstate location. LS National Franchise, 3 years old Comfort Suites $7,495,000. Rick Walters RE/MAX Professionals 502-649-9410. Rikestate@aol.com 3/3 124 RM HOWARD JOHNSON FOR SALE in Tupelo, MS. Fully renovated in 2007/8. Over $1.1M renovation completed. No PIP.5 acres land. In excellent condition. New home of $1.6 billion Toyota plant. Priced @ $3.9m or 3.2 x projected revenue. Phone 662-574-9695 Email: brucepatel13@yahoo.com 3/3 your ad with color http://HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.paramountlodging.com http://www.hrec.com http://www.paramountlodging.com http://www.hrec.com http://leisurerealestate.com http://www.leisurerealestate.com http://leisurerealestate.com http://www.concordegroupinc.com http://www.southeastinternational.com http://www.concordegroupinc.com http://www.southeastinternational.com http://www.unitedcountry.com/hotel
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - March 3, 2008 Hotel & Motel Management - March 3, 2008 Contents Embassy Suites Refreshes Look, Service F&B Concept Set to Take Off Conference Promises Perspective Letter to the Editor Legally Speaking Guest Column HSMAI Consultant's Corner On Finance Travel Trends Energy Star Update Trends & Stats Transactions Property Management Systems Carpet: Mixed Media Planting Greener Greens Transportation Vacation-Ownership Update Ad/Editorial Index Marketplace Classifieds Checking Out Hotel & Motel Management - March 3, 2008 Hotel & Motel Management - March 3, 2008 - Hotel & Motel Management - March 3, 2008 (Page 1) Hotel & Motel Management - March 3, 2008 - Hotel & Motel Management - March 3, 2008 (Page 2) Hotel & Motel Management - March 3, 2008 - Contents (Page 3) Hotel & Motel Management - March 3, 2008 - Conference Promises (Page 4) Hotel & Motel Management - March 3, 2008 - Conference Promises (Page 5) Hotel & Motel Management - March 3, 2008 - Letter to the Editor (Page 6) Hotel & Motel Management - March 3, 2008 - Letter to the Editor (Page 7) Hotel & Motel Management - March 3, 2008 - Guest Column (Page 8) Hotel & Motel Management - March 3, 2008 - Guest Column (Page 9) Hotel & Motel Management - March 3, 2008 - HSMAI (Page 10) Hotel & Motel Management - March 3, 2008 - HSMAI (Page 11) Hotel & Motel Management - March 3, 2008 - Consultant's Corner (Page 12) Hotel & Motel Management - March 3, 2008 - Consultant's Corner (Page 13) Hotel & Motel Management - March 3, 2008 - On Finance (Page 14) Hotel & Motel Management - March 3, 2008 - On Finance (Page 15) Hotel & Motel Management - March 3, 2008 - Travel Trends (Page 16) Hotel & Motel Management - March 3, 2008 - Travel Trends (Page 17) Hotel & Motel Management - March 3, 2008 - Energy Star Update (Page 18) Hotel & Motel Management - March 3, 2008 - Energy Star Update (Page 19) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 20) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 21) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 22) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 23) Hotel & Motel Management - March 3, 2008 - Trends & Stats (Page 24) Hotel & Motel Management - March 3, 2008 - Transactions (Page 25) Hotel & Motel Management - March 3, 2008 - Transactions (Page 26) Hotel & Motel Management - March 3, 2008 - Transactions (Page 27) Hotel & Motel Management - March 3, 2008 - Property Management Systems (Page 28) Hotel & Motel Management - March 3, 2008 - Property Management Systems (Page 29) Hotel & Motel Management - March 3, 2008 - Property Management Systems (Page 30) Hotel & Motel Management - March 3, 2008 - Property Management Systems (Page 31) Hotel & Motel Management - March 3, 2008 - Carpet: Mixed Media (Page 32) Hotel & Motel Management - March 3, 2008 - Carpet: Mixed Media (Page 33) Hotel & Motel Management - March 3, 2008 - Planting Greener Greens (Page 34) Hotel & Motel Management - March 3, 2008 - Planting Greener Greens (Page 35) Hotel & Motel Management - March 3, 2008 - Transportation (Page 36) Hotel & Motel Management - March 3, 2008 - Transportation (Page 37) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 38) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 39) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 40) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 41) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 42) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 43) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 44) Hotel & Motel Management - March 3, 2008 - Vacation-Ownership Update (Page 45) Hotel & Motel Management - March 3, 2008 - Ad/Editorial Index (Page 46) Hotel & Motel Management - March 3, 2008 - Ad/Editorial Index (Page 47) Hotel & Motel Management - March 3, 2008 - Marketplace (Page 48) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 49) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 50) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 51) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 52) Hotel & Motel Management - March 3, 2008 - Classifieds (Page 53) Hotel & Motel Management - March 3, 2008 - Checking Out (Page 54) Hotel & Motel Management - March 3, 2008 - Checking Out (Page 55) Hotel & Motel Management - March 3, 2008 - Checking Out (Page 56)
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