Hotel & Motel Management - July 7, 2008 - (Page 52) 52 Real Estate H&MM July 7, 2008 | HotelMotel.com www.HotelMotel.com/digital_edition Real Estate South Florida Hotel Specialists INDIANA 66 Rooms, Comfort Inn, I-69, Warren. 3 story, interior corridor, indoor pool, built in 1998, absentee management. 2007 Revenue $384,847. Price $1,175,000. 70 Rooms, Quality Inn & Suites, I-80/I-90. 2 story, interior corridor, indoor pool, built in 2000, absentee management. 2007 Revenue $667,858. Price $2,800,000. 74 Rooms, Quality Inn, I-64, Evansville. 3 story, interior corridor, indoor pool, built in 2000, absentee management. 2007 Revenue $671,220. Price $2,500,000. 74 Rooms, Comfort Inn & Suites, Goshen. 3 story, interior corridor, indoor pool, built in 1997, currently licensed as a Holiday Inn Express. 2007 Revenue $1,503,388. Price $4,200,000. OHIO 57 Rooms, Days Inn Toledo Airport, I-80/I-90. 2 story, interior corridor, built in 2001, managers apartment. 2007 Revenue $520,084. Price $1,925,000. 70 Rooms, Comfort Inn, Columbus. 3 story, interior corridor, indoor pool, built in 1998, completely renovated, assumable non-recourse financing. 2007 Revenue $1,238,767. Price $4,600,000. 100 Rooms, America's Best Value Inn & Conference Center, I-75, Lima. 2 story, interior corridor, indoor pool, restaurant & lounge leased. 2007 Revenue $349,521. Price $1,500,000. 119 Rooms, Days Inn, I-75, Sidney. 2 story, exterior corridor, absentee management. 2007 Revenue $608,969. Price $2,000,000. TENNESSEE 86 Suites, Boutique Hotel Guest House Wildwood Inn, Gatlinburg. 6 story, interior corridor, built in 1982, lots of upside. Price $5,500,000. Call or check our website for a complete list of our motels for sale. MIDWEST HOT LIST South Beach Full Service Hotel • 80 Rooms and Suites, Extra Nice Renovations • Beautiful Lobby, Bar & Restaurant License • Private Garden Area, potential Terrace Café • Steps to Lincoln Road Mall & Ocean front Dream SOBE Hotel which is BANKABLE! OCEAN DRIVE Full Service Hotel • 80 Ultra-Luxury Rooms and Suites • Prime Location, New Construction • Retail & Restaurant Commercial Units • Rare Parking Garage Asset Solid Investment, NNN INCOME! 80 Room SOUTH BEACH Hotel • Spacious Lobby with Bar • Potential Restaurant & Terrace Cafe • Retail Outlets and Cell Site Income • Off Street Parking, Steps to Lincoln Road Location, Location, Location Fort Lauderdale Beach • Full Service 67 Unit, Exterior Corridor • Large Pool with outdoor lounge area • Restaurant 200 Seats w/bar • Suited for Mid-Level F&B Franchise Spring Break will never be the same! E-Mail: MichaelLitsky@Keyes.com 47 Years of Business! Baltes Commercial Realty, Ltd. Phone: 937-438-6700 Email: bcr@1bcr.com Website: www.1bcr.com Tony Ulloa, 305-790-5511 E-Mail: Ulloatony@aol.com Michael Litsky, 305-898-2441 716-854-4000 Hotel-Realty.com SOUTHEAST INTERNATIONAL HOTEL BROKERS (417) 865-2520 www.southeastinternational.com HOSPITALITY IS OUR ONLY BUSINESS! Hotel Acquisition Opportunities Arizona Staybridge Suites & Holiday Inn Express, Glen dale: 116 & 96 guestrooms, Staybridge opens July 2008, HI opened Feb. 2008, first class select service hotels, excellent location in Phoenix metro area; Mark Fasulo 310 651 3038. Colorado Hilton Garden Inn, Hampton Inn & Comfort Inn Portfolio, Colorado Springs: airport properties, excel lent condition, Mark Darrington 303 267 0057 ext 111. Colorado Hawthorn Suites, Longmont: 84 suites, prime location near Boulder and CU, near urban redevelopment, rebranding potential; Larry Kaplan 303 267 0057 ext 113. Colorado Radisson, Longmont: 210 rooms, great location, positive 2008 rev growth, rebranding potential, only full service hotel in area; Mark Darrington 303 267 0057 ext 111. Colorado Hampton Inn, Louisville: 80 rooms, near Boul der and Univ. of Colorado, corporate ownership & mgmt, high barriers to entry; Larry Kaplan 303 267 0057 ext 113. Colorado Hampton Inn & Suites and Microtel Inn & Suites, Pueblo: 81 & 63 rooms, excellent I 25 visibility & access, great condition, absentee ownership, $9.4M & $3.4M ask; Mark Darrington 303 267 0057 ext 111. Delaware Brandywine Suites, Wilmington: 49 suites, located in heart of Wilmington CBD, strong market RevPAR growth, superior asset; Andrew Broad 212 551 1776. Illinois Country Inn & Suites, Matteson: 84 rooms, 25 miles from downtown Chicago near demand generators including two universities; Ted Anka 312 645 9010. Illinois 10 Super 8 Hotels, 2 Comfort Suites and a Com fort Inn, Various locations: 839 total rooms, offered as a portfolio or individually; Ted Anka 312 645 9010. Louisiana Newly Renovated Full service Hotel, Baton Rouge: 132 rooms, strategically located near LSU and downtown, solid market; Peter Laack 813 635 0600. Maryland Comfort Inn & Sleep Inn, BWI: 185 & 145 rooms, great locations near BWI airport, attractive assum able debt, adjacent hotels; Andrew Broad 212 551 1776. Maryland SpringHill Suites, Linthicum: 133 suites, min utes from BWI airport with shuttle, near attractions and D.C. area; Andrew Broad 212 551 1776. 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. New Jersey Clarion Collection, Hackettstown: 99 rooms, strong performance, within 1 hour from Newark Airport, full service restaurant; Frank Fusco 212 551 1777. Ohio Clarion Hotel, Columbus: 177 rooms, superior physi cal asset, significant discount to replacement cost, great location, near generators, $6M ask; Ted Anka 312 645 9010. Texas Doubletree Market Center, Dallas: 228 rooms; 3 miles from downtown; positive trending cash flow; $6.7 million of revenue; Larry Kaplan 303 267 0057 ext 113. Wisconsin Pabst Redevelopment, Milwaukee: historic redevelopment opportunity; Jeff Preston 312 645 9010. See our current listings at: MISSOURI MOTEL 25 units at intersection of 2 major routes leading to Lake of the Ozarks. 5 BR home. On 3 acres. $674,000. May purchase just motel & 2 acres. United Country® 1-800-999-1020 Ext 195 www.unitedcountry.com/hotel New property located near Memphis, TN. Area plans and permits; contractors ready for new owner to step in and develop land and franchise. Priced at $700,000.00. Listing Agent - J.D. Smith, 417-865-2520, Southeast International Hotel Brokers, www.Southeastinternational.com For attractive 2008 pricing and schedules, contact Doug Kereszturi at 800-669-1668 ext. 3794 dkereszturi@questex.com Denver New York New Jersey Chicago Los Angeles Tampa Boca Raton Dallas Memphis Visit our website at www.hrec.com for complete listings! g g p “Exclusive Marketing Agents Representing Owners of Owners of Hotel Real Estate” “Exclusive Marketing Agents Representing Hotel Real Estate” Owners of Hotel Real Estate” LEISUR E Real Estate Advisors, L.L.C. LEISUR E CORPUS CHRISTI: +-1.6 acre site to build Comfort Inn/Suites motel $449,000 College StationTexas A&M: 115 rooms plus, land, $3.2 mil. Om Realty Finance Company (972) 612-0000 omrealtyfinance@gmail.com 7/7 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 leisurerealestate.com Kansas City - Lincoln, NE 913-894-5252 402-421-8014 Looking to hire someone? Reach thousands of professionals in your industry by placing a classified ad! YOUR AD COULD BE HERE! CALL DOUG KERESZTURI: 800-669-1668 ext 3794 http://HotelMotel.com http://www.HotelMotel.com/digital_edition http://www.1bcr.com http://www.hrec.com http://Hotel-Realty.com http://www.southeasterninternational.com http://www.unitedcountry.com/hotel http://www.Southeastinternational.com http://leisurerealestate.com
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - July 7, 2008 Hotel & Motel Management - July 7, 2008 Contents Brands Target Eastern Markets New Peer Network Promotes Innovation Noble Makes Moves Despite Slow Market Perspective Legally Speaking On Finance AAHOA Update Satisfaction Trends Trends & Stats HotelWorld Update Guest Column 2008 Purchasing Survey Refrigerators Transportation In-Room Ammenities Revenue Management Ad/Editorial Index Marketplace Classifieds Checking Out Hotel & Motel Management - July 7, 2008 Hotel & Motel Management - July 7, 2008 - Hotel & Motel Management - July 7, 2008 (Page 1) Hotel & Motel Management - July 7, 2008 - Hotel & Motel Management - July 7, 2008 (Page 2) Hotel & Motel Management - July 7, 2008 - Contents (Page 3) Hotel & Motel Management - July 7, 2008 - Noble Makes Moves Despite Slow Market (Page 4) Hotel & Motel Management - July 7, 2008 - Noble Makes Moves Despite Slow Market (Page 5) Hotel & Motel Management - July 7, 2008 - Perspective (Page 6) Hotel & Motel Management - July 7, 2008 - Perspective (Page 7) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 8) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 9) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 10) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 11) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 12) Hotel & Motel Management - July 7, 2008 - Legally Speaking (Page 13) Hotel & Motel Management - July 7, 2008 - On Finance (Page 14) Hotel & Motel Management - July 7, 2008 - On Finance (Page 15) Hotel & Motel Management - July 7, 2008 - AAHOA Update (Page 16) Hotel & Motel Management - July 7, 2008 - Satisfaction Trends (Page 17) Hotel & Motel Management - July 7, 2008 - Trends & Stats (Page 18) Hotel & Motel Management - July 7, 2008 - HotelWorld Update (Page 19) Hotel & Motel Management - July 7, 2008 - Guest Column (Page 20) Hotel & Motel Management - July 7, 2008 - Guest Column (Page 21) Hotel & Motel Management - July 7, 2008 - Guest Column (Page 22) Hotel & Motel Management - July 7, 2008 - Guest Column (Page 23) Hotel & Motel Management - July 7, 2008 - 2008 Purchasing Survey (Page 24) Hotel & Motel Management - July 7, 2008 - 2008 Purchasing Survey (Page 25) Hotel & Motel Management - July 7, 2008 - 2008 Purchasing Survey (Page 26) Hotel & Motel Management - July 7, 2008 - 2008 Purchasing Survey (Page 27) Hotel & Motel Management - July 7, 2008 - Refrigerators (Page 28) Hotel & Motel Management - July 7, 2008 - Refrigerators (Page 29) Hotel & Motel Management - July 7, 2008 - Transportation (Page 30) Hotel & Motel Management - July 7, 2008 - Transportation (Page 31) Hotel & Motel Management - July 7, 2008 - Transportation (Page 32) Hotel & Motel Management - July 7, 2008 - Transportation (Page 33) Hotel & Motel Management - July 7, 2008 - Transportation (Page 34) Hotel & Motel Management - July 7, 2008 - Transportation (Page 35) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 36) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 37) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 38) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 39) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 40) Hotel & Motel Management - July 7, 2008 - In-Room Ammenities (Page 41) Hotel & Motel Management - July 7, 2008 - Revenue Management (Page 42) Hotel & Motel Management - July 7, 2008 - Revenue Management (Page 43) Hotel & Motel Management - July 7, 2008 - Ad/Editorial Index (Page 44) Hotel & Motel Management - July 7, 2008 - Ad/Editorial Index (Page 45) Hotel & Motel Management - July 7, 2008 - Ad/Editorial Index (Page 46) Hotel & Motel Management - July 7, 2008 - Ad/Editorial Index (Page 47) Hotel & Motel Management - July 7, 2008 - Marketplace (Page 48) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 49) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 50) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 51) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 52) Hotel & Motel Management - July 7, 2008 - Classifieds (Page 53) Hotel & Motel Management - July 7, 2008 - Checking Out (Page 54) Hotel & Motel Management - July 7, 2008 - Checking Out (Page 55) Hotel & Motel Management - July 7, 2008 - Checking Out (Page 56)
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