Hotel & Motel Management - October 20, 2008 - (Page 45) www.HotelMotel.com/digital_edition H&MM October 20, 2008 | HotelMotel.com Real Estate 45 The Donohoe Companies Full Service Real Estate Company Since 1884 Hotel Advisory Group • Exclusive Seller/Buyer Brokers FEATURED LISTING Atlanta Hotels Comfort Suites Downtown Baltimore, Maryland Comfort Inn Up to 175 rooms. Hotel development site across from Mercy Medical Center WASHINGTON, DC 38 Rooms. Historic Boutique Hotel well located in Nation’s Capital. $5.3M 46 Rooms. Historic Boutique Hotel well located in Nation’s Capital. $7.3M VIRGINIA 124 Rooms. New Full Service Nat’l Franchise Hotel w/ Spa and Franchise Restaurant. $22M New 18 Hole Championship Golf Course next to this hotel. $10M Total Sale $32M. ALABAMA 63 Rooms. Urban. This Downtown Upscale Independent Hotel re-opened last June 2007 after major renovations. Revenues continue to increase since new capital improvements. Great Opportunity! $7.5M Donohoe Real Estate Services/ Hotel Advisory Group 2101 Wisconsin Ave. N.W. Washington, DC 20007 ph: (202) 333-0880 • fax: (202) 337-9740 www.Donohoe.com Bill Moyer, Director (202) 625-4153 billm@donohoe.com Charlotte Seale, Associate Broker (202) 625-4156 charlottes@donohoe.com 770-916-0300 ATLANTA www.HunterHotels.net WASHINGTON, D.C. 703-246-0035 Brash Realty Co., Inc. 847-205-5600 www.brashrealty.com ARE YOU PREPARED FOR THE CAPITAL GAINS CHANGE? Independent Hotel – 94 units – Indiana. Room revenue generators in the area include: government agencies, nearby businesses and a University. A new owner should devise a marketing plan to include extensive advertising and direct sales calls. Year-to-date 2008 room revenue through August compared to same period last year has increased by $132,410. Rolling 12 months $777,509. Asking: $2,700,000 Franchised Hotel – 97 units – built 1990, indoor pool, complimentary continental breakfast. NEW PRICE Asking: $3,825,000 Franchised Hotel – 98 units – So. Dakota. Absentee ownership. Property is located within a mile from the local convention center and minutes from major attractions & room generators. TTM Ending July 2008 Room Revenue $974,184. Asking: $3,200,000 Franchised Hotel – 100 units – Wisconsin. Located in one of the most popular family and tourist destinations in the Midwest Asking: $2,900,000 Independent Hotel – 138 units – Nebraska. Cost Per Unit $11,957. Rm rev x2.8. Asking: $1,650,000 Franchised Hotel – 141 units – Illinois. The property is located at an exit where 4 interstates merge together. This strip of interstate is one of the busiest in the country. The traffic count is approximately 160,000 vehicles per day. Asking: $4,000,000 Franchised Hotel – 201 units - full service, 7,000 square feet of flexible meeting and banquet space, property is centrally located near Fortune 500 companies. Total revenue over $3,9M. Asking: $12,950,000 Just Listed 70 rooms, under construction, major franchise, asking $130,000 per key. Just Reduced 132 units newly flagged, highway location, limited service, central Florida location, many new improvements. Just Sold: 100 units, Tampa, interstate, Interior corridor, needs renovation, Asking $27,000 per unit. 263 units, major franchise, full service with meeting rooms, restaurant, interstate location. 124 units, in Central FL, franchise, interstate location, full service, 11.7% cap. Two franchised hotels, 80 units each, buy ONE or BOTH, located in the same town, $49,875 per unit. Licensed Real Estate Brokers Minneapolis, Minnesota 952-835-9575 Jeff Westgor or Chad Cooper FLORIDA (727) 447-8383 FAX: (727) 447-6533 Visit us on the web at:“www.gcdhotels.com” Franchised mid market Interstate location in North Dakota includes newly renovated meeting/banquet facilities, a sports bar, and a 110’waterslide. Priced at 2.8 times the room revenue, ideal opportunity for an onsite Owner. • Resort Hotel Small Resort Hotel includes 3rd party Mgmt Business, in wonderful location. • Econolodge includes living quarters, very good condition and priced right. • Franchised Mid Market, 30 units, completely updated, absentee Owner. http://www.HotelMotel.com/digital_edition http://www.HotelMotel.com http://www.Donohoe.com http://www.HunterHotels.net http://www.gcdhotels.com http://www.brashrealty.com
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - October 20, 2008 Hotel & Motel Management - October 20, 2008 Contents Event Empowers Property-Level Leaders Boutique Bonanza Perspective Legal FAQ Consultant's Corner AAHOA Update Sales Clinic HotelWorld Update On Finance Trends & Stats Surprise Guests by Predicting Their Needs Transactions Worse Than Most Predicted Electronic Safes Housekeeping Services Marketplace Events Ad/Edit Index Classifieds Checking Out Hotel & Motel Management - October 20, 2008 Hotel & Motel Management - October 20, 2008 - Hotel & Motel Management - October 20, 2008 (Page Cover1) Hotel & Motel Management - October 20, 2008 - Hotel & Motel Management - October 20, 2008 (Page Cover2) Hotel & Motel Management - October 20, 2008 - Hotel & Motel Management - October 20, 2008 (Page 1) Hotel & Motel Management - October 20, 2008 - Hotel & Motel Management - October 20, 2008 (Page 2) Hotel & Motel Management - October 20, 2008 - Contents (Page 3) Hotel & Motel Management - October 20, 2008 - Boutique Bonanza (Page 4) Hotel & Motel Management - October 20, 2008 - Boutique Bonanza (Page 5) Hotel & Motel Management - October 20, 2008 - Perspective (Page 6) Hotel & Motel Management - October 20, 2008 - Perspective (Page 7) Hotel & Motel Management - October 20, 2008 - Consultant's Corner (Page 8) Hotel & Motel Management - October 20, 2008 - Consultant's Corner (Page 9) Hotel & Motel Management - October 20, 2008 - AAHOA Update (Page 10) Hotel & Motel Management - October 20, 2008 - AAHOA Update (Page 11) Hotel & Motel Management - October 20, 2008 - Sales Clinic (Page 12) Hotel & Motel Management - October 20, 2008 - Sales Clinic (Page 13) Hotel & Motel Management - October 20, 2008 - HotelWorld Update (Page 14) Hotel & Motel Management - October 20, 2008 - HotelWorld Update (Page 15) Hotel & Motel Management - October 20, 2008 - On Finance (Page 16) Hotel & Motel Management - October 20, 2008 - On Finance (Page 17) Hotel & Motel Management - October 20, 2008 - Trends & Stats (Page 18) Hotel & Motel Management - October 20, 2008 - Trends & Stats (Page 19) Hotel & Motel Management - October 20, 2008 - Surprise Guests by Predicting Their Needs (Page 20) Hotel & Motel Management - October 20, 2008 - Surprise Guests by Predicting Their Needs (Page 21) Hotel & Motel Management - October 20, 2008 - Transactions Worse Than Most Predicted (Page 22) Hotel & Motel Management - October 20, 2008 - Transactions Worse Than Most Predicted (Page 23) Hotel & Motel Management - October 20, 2008 - Transactions Worse Than Most Predicted (Page 24) Hotel & Motel Management - October 20, 2008 - Transactions Worse Than Most Predicted (Page 25) Hotel & Motel Management - October 20, 2008 - Electronic Safes (Page 26) Hotel & Motel Management - October 20, 2008 - Electronic Safes (Page 27) Hotel & Motel Management - October 20, 2008 - Electronic Safes (Page 28) Hotel & Motel Management - October 20, 2008 - Electronic Safes (Page 29) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 30) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 31) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 32) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 33) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 34) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 35) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 36) Hotel & Motel Management - October 20, 2008 - Housekeeping Services (Page 37) Hotel & Motel Management - October 20, 2008 - Marketplace (Page 38) Hotel & Motel Management - October 20, 2008 - Events (Page 39) Hotel & Motel Management - October 20, 2008 - Ad/Edit Index (Page 40) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 41) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 42) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 43) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 44) Hotel & Motel Management - October 20, 2008 - Classifieds (Page 45) Hotel & Motel Management - October 20, 2008 - Checking Out (Page 46) Hotel & Motel Management - October 20, 2008 - Checking Out (Page Cover3) Hotel & Motel Management - October 20, 2008 - Checking Out (Page Cover4)
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