Hotel & Motel Management - July 7, 2008 - (Page 53) www.HotelMotel.com/digital_edition H&MM July 7, 2008 | HotelMotel.com Real Estate 53 Real Estate Corporate Office 410-489-5900 www.MBAHotels.com Midwest Office 641-472-7475 FEATURED PROPERTY INTERNATIONAL LISTING! Belize: 16 Rooms, Oceanfront, rebuilt in 2004. 78% occupancy. 12.96% Cap Rate. Offered at $2,500,000. C H I N M Marcus & Millichap’s National Hospitality Group provides clients with access to more qualified private and institutional investors than any other firm. Our market expertise, transaction knowledge, industry-leading research and national marketing platform maximize value for every transaction. Robert Hicks (877) 95-HOTEL 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. Howard Johnson - 367 rooms - $16.5M Rodeway Inn - 200 rooms - $9.9M MUST SELL - MAKE OFFER Please Email: harveyLV@aol.com, 813-376-4075 Harvey Estes, Exec Realty, LLC enhance your ad with color 160 Rooms, Franchise, AL Interior corridor, major Alabama market. NOI close to $600K. Asking $3,995,000 91 Rooms, Franchise - TN Excellent location, Memphis Metro, Revenues trending up over 1.14mil. Cap Rate 11.5%. $3,950,000 90 Rooms, Franchise, KS Two-story, interior corridor, downtown location. Revenues trending up. Now offered at $1,695,000 NEW LISTING! 69 Rooms, Days Inn, NC Two story, interior corridor. Built as a Sleep Inn in the mid 1990’s. Close to interstate and 30 minutes from Winston-Salem, NC. Offered at $ 2,250,000 NEW LISTING! 67 Rooms, Franchise, VA Southeastern Virginia location, just 20 miles to Virginia Beach. Two story exterior corridor with outdoor pool. Offered at $2,675,000. NEW TWO HOTEL PORTFOLIO! Iowa 65 rooms, Franchise, IA - Built 1996, Interior Corridor, Pool, Major Renovations in last two yrs, Interstate Exit. Rev $800,000+. Asking $2,850,000 56 rooms, Franchise, IA - Same exit as 65 IA above. Built in 1994; Interior Corridor, Beautiful Lobby and Pool Area, special handicapped rooms. Revenue $740,000+. Asking $2,385,000. NEW TWO HOTEL PORTFOLIO! Georgia 60 Rooms, Holiday Inn Express, GA - Built 1997 with full renovations in 2007. Only 1.5 hours from Atlanta metro. Offered at $4,400,000. With Comfort Inn same exit $7,525,000 package deal. 60 Rooms, Comfort Inn, GA - Two story interior corridor. Well maintained with outdoor pool. Revenue trending up. Same exit as above HI Express. Offered at $3,125,000 PRICE REDUCED! 58 Rooms, Super 8, PA Just 10 years old. Interior corridor with elevator and indoor pool. Revenue up in 2008! 10% cap rate on 2 yr NOI. Now offered at $3,400,000. 46 Rooms, Independent, IL Exterior corridor motel and 8 unit apartment bldg. Near interstate, casinos. Revenues $320k. Asking $929,000 PRICE REDUCED! 40 rooms Franchise, IA Spacious owners apartment. Near casino, Outdoor Pool. Asking $750,000 INTERNATIONAL! Austria: 26 Rms, boutique hotel & spa. 2,275,000 Euros. http://www.HotelMotel.com/digital_edition http://HotelMotel.com http://hbihotels.com http://www.paramountlodging.com http://www.MBAHotels.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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