Hotel & Motel Management - December 8, 2008 - (Page 41) www.HotelMotel.com/digital_edition H&MM December 8, 2008 | HotelMotel.com Real Estate 41 The Donohoe Companies Full Service Real Estate Company Since 1884 Hotel Advisory Group • Exclusive Seller/Buyer Brokers Washington, D.C. Historic Boutique Hotel. 38 Rooms, well located in Downtown D.C. $5,500,000 Historic Boutique Hotel. 46 Rooms, well located in Downtown D.C. $6,500,000 Washington, D.C. Metro Area New Full Service 124 Room Hotel /Conference/Spa/ Restaurant $21,000,000 18 Hole Championship Golf Course $9,000,000 ALABAMA Well located in Downtown Area - 63 Room Upscale Boutique Hotel $6,500,000 SOLD! Courtyard by Marriott, Virginia Hunter is closing transactions! JUST JUST JUST JUST SOLD SOLD SOLD SOLD Comfort Inn & Suites, Birmingham, AL Holiday Inn, Baltimore, MD Best Western, Atlanta, GA USA Economy Lodge, Atlanta, GA “Off-Market Properties” Donohoe has an extensive database of Hotel Owners in the Mid-Atlantic Region. As “Buyer Broker” we will make “unsolicited offers” for clients that wish to acquire an “off-market” property. If you are currently looking for upscale properties in Washington, D.C. please contact us. Donohoe Real Estate Services/ Hotel Advisory Group 2101 Wisconsin Ave. N.W., Washington, DC 20007 Experience • Integrity • Results 770-916-0300 ph: (202) 333-0880 • fax: (202) 337-9740 www.Donohoe.com ATLANTA WASHINGTON, D.C. 301-215-7507 Bill Moyer, Director (202) 625-4153 billm@donohoe.com Charlotte Seale, Associate Broker (202) 625-4156 charlottes@donohoe.com EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 Corporate Office 410-489-5900 Midwest Office 641-472-7475 Toll Free: 877-700-7950 www.milmark.com www.MBAHotels.com $2,800,000 $4,095,000 $8,000,000 $1,399,000 $2,400,000 $260,000 $1,240,000 Hilton Product Hotel Site, VA 8+/-acres well situated off I-66 in northern Virginia, this 300+room Hilton brand project will be fully entitled in 2009. Open in time for the next expansion market. Offered at $8,000,000. TWO HOTEL PACKAGE! 120 rooms, IA Mid market interior hotels at same exit. Both under 15 yrs old. Includes 1 acre commercial land. Total Room Revenue 1.6 M. Offered at $5,600,000 NEW LISTING! 103 Rms, EconoLodge Marion, IL Recently renovated, multi story, interior corridor, indoor pool, elevators. Busy town, 1.5 hrs from St. Louis. Offered at $2,100,000 NEW LISTING! 97 Rms, Comfort Inn, MS Well positioned strong performer. $1.15 M revenue, 11% CAP rate. Demand generators nearby include regional health center and office park. $3,995,000 REDUCED! 91 Rms, Days Inn & Suites, TN Suburban Memphis. 11.78% CAP, Over $1.1M revenue, easy access to Hwys around Memphis Metro. Now offered at $3,875,000. 63 Rooms, Sleep Inn Under construction in downtown Baltimore, MD. Delivery set for Sept. 2009. Asking $7,950,000 59 Rooms, Franchise, IA Recently rebranded. Hwy exit. Larger metro area. $300k+ Room Revenue. Offered at $ 995,000. 54 Rooms, Independent, IA Well maintained, luxury apartment, near Hwy, new industries. 2008 rev $400k and climbing. $995,000. WISCONSIN 132 UNITS: Historic landmark full service hotel. 91 UNITS: Package of two hotels: one limited and one full service. 55 UNITS: Full service resort in pristine setting. 36 UNITS: Limited service franchised property. 35 UNITS: Resort property on water. 21 UNITS: Independent limited service property. 13 UNITS: Motel and established café business in resort area. FEATURED PROPERTY NEW LISTING! Clarion Hotel, MD 140 Rooms, Int. Corridor. Conference Center. Completely refurbished 2008—over $3 million in renovations. Offered at $8,600,000 NEW LISTING! South Central PA 39 Rms Franchised Inn & Suites. Built in 2007. Revenue still climbing. $3,850,000 35 Rooms, Independent, IA Modernized motel, family-sized apartment, next to part, steady $200k revenue. $625,000. MAKE AN OFFER! 20 Rms, Independent, VA New build All Suite hotel, Opened Sept. 2008. Beach resort area. $400k projected 2009 revenue. Offered at $1,690,000. Land Site, 86 Rms Holiday Inn Express, MD 5 acres near Baltimore beltway. $2,200,000 INTERNATIONAL - See Website for Details Luxury Resort & Spa, Morocco - 15,000,000 18 Rooms, Paradise Hotel, Costa Rica - Make Offer! New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC 200 Units, Major Franchised Albuquerque hotel, I-25 & 1-40 location, 4.8 acres, 3 x room rev., priced @land cost $5,250,000. 120+ Units, Albuquerque, I-40/US 66, priced approx. $20,000 per unit. 115 Units, Albuquerque, Ltd. Service, Franchised, 3 Bdrm. LQ, $2,200,000. 114 Units, So. NM Full Service, branded, 2 major interstates, $5,985,000. 76 Units, Branded, Santa Fe, plus 4 acres vacant land. 60 Units, Franchised, Ltd. Serv., 3 story, Interior Corridors, 12% Cap rate, $2,550,000. 50 Units, Franchised, Gallup, NM I-40, Interior corridor, Pool & Hot Tub, Apt., 80% Occupancy. $2,150,000. 46 Units, Independent off I-40/Rt. 66, $495,000. 39 Units, Econolodge, West Texas location, Exterior corridor, off major interstate, $1,550,000. MBA Capital Funding - 410-489-7500 *Offering Hotel Financing and Capital Investment Advisory Services* http://www.HotelMotel.com/digital_edition http://www.HotelMotel.com http://www.Donohoe.com http://www.MBAHotels.com http://www.milmark.com http://www.scogginblue.com
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - December 8, 2008 Hotel & Motel Management - December 8, 2008 Contents Best Western Sets Spending Strategy Courtyard Turns 25, Unveils New Lobby New Division of MGM Goes Beyond Gaming Perspective Legal FAQ Marketing Matters Family Business On Finance AAHOA Update Satisfaction Trends HotelWorld Update Consultant’s Corner Trends & Stats IH/M&RS Editors’ Choice Award Winners Insurance Ad/Editorial Index Marketplace Classifieds Checking Out Hotel & Motel Management - December 8, 2008 Hotel & Motel Management - December 8, 2008 - Hotel & Motel Management - December 8, 2008 (Page 1) Hotel & Motel Management - December 8, 2008 - Hotel & Motel Management - December 8, 2008 (Page 2) Hotel & Motel Management - December 8, 2008 - Contents (Page 3) Hotel & Motel Management - December 8, 2008 - New Division of MGM Goes Beyond Gaming (Page 4) Hotel & Motel Management - December 8, 2008 - New Division of MGM Goes Beyond Gaming (Page 5) Hotel & Motel Management - December 8, 2008 - Perspective (Page 6) Hotel & Motel Management - December 8, 2008 - Perspective (Page 7) Hotel & Motel Management - December 8, 2008 - Marketing Matters (Page 8) Hotel & Motel Management - December 8, 2008 - Marketing Matters (Page 9) Hotel & Motel Management - December 8, 2008 - Family Business (Page 10) Hotel & Motel Management - December 8, 2008 - Family Business (Page 11) Hotel & Motel Management - December 8, 2008 - On Finance (Page 12) Hotel & Motel Management - December 8, 2008 - On Finance (Page 13) Hotel & Motel Management - December 8, 2008 - AAHOA Update (Page 14) Hotel & Motel Management - December 8, 2008 - AAHOA Update (Page 15) Hotel & Motel Management - December 8, 2008 - Satisfaction Trends (Page 16) Hotel & Motel Management - December 8, 2008 - HotelWorld Update (Page 17) Hotel & Motel Management - December 8, 2008 - Consultant’s Corner (Page 18) Hotel & Motel Management - December 8, 2008 - Consultant’s Corner (Page 19) Hotel & Motel Management - December 8, 2008 - Consultant’s Corner (Page 20) Hotel & Motel Management - December 8, 2008 - Consultant’s Corner (Page 21) Hotel & Motel Management - December 8, 2008 - Trends & Stats (Page 22) Hotel & Motel Management - December 8, 2008 - Trends & Stats (Page 23) Hotel & Motel Management - December 8, 2008 - Trends & Stats (Page 24) Hotel & Motel Management - December 8, 2008 - Trends & Stats (Page 25) Hotel & Motel Management - December 8, 2008 - IH/M&RS Editors’ Choice Award Winners (Page 26) Hotel & Motel Management - December 8, 2008 - IH/M&RS Editors’ Choice Award Winners (Page 27) Hotel & Motel Management - December 8, 2008 - Insurance (Page 28) Hotel & Motel Management - December 8, 2008 - Insurance (Page 29) Hotel & Motel Management - December 8, 2008 - Insurance (Page 30) Hotel & Motel Management - December 8, 2008 - Insurance (Page 31) Hotel & Motel Management - December 8, 2008 - Insurance (Page 32) Hotel & Motel Management - December 8, 2008 - Insurance (Page 33) Hotel & Motel Management - December 8, 2008 - Ad/Editorial Index (Page 34) Hotel & Motel Management - December 8, 2008 - Marketplace (Page 35) Hotel & Motel Management - December 8, 2008 - Classifieds (Page 36) Hotel & Motel Management - December 8, 2008 - Classifieds (Page 37) Hotel & Motel Management - December 8, 2008 - Classifieds (Page 38) Hotel & Motel Management - December 8, 2008 - Classifieds (Page 39) Hotel & Motel Management - December 8, 2008 - Classifieds (Page 40) Hotel & Motel Management - December 8, 2008 - Classifieds (Page 41) Hotel & Motel Management - December 8, 2008 - Checking Out (Page 42) Hotel & Motel Management - December 8, 2008 - Checking Out (Page 43) Hotel & Motel Management - December 8, 2008 - Checking Out (Page 44)
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