Hotel & Motel Management - March 2009 - (Page 52) H&MM March 2009 | HotelWorldNetwork.com 52 Real Estate Real Estate g g p INDIANA MIDWEST HOT LIST FLORIDA MOTELS • 68-Unit Upper Franchise in excellent north Florida location. Many extras! Asking $7M. • 70+ Unit Interstate Franchise SE FL recently renovated Asking $4.8M. “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 57 Rooms, Holiday Inn Express, I-64. 3 story, interior corridor, indoor pool, built in 2000, excellent condition, absentee management. Revenue $1,147,916. Price $4,295,000. KENTUCKY 112 Rooms, Knights Inn, I-75, Florence. Single story, exterior corridor, built in 1969, absentee management. Revenue $987,540. Price $2,600,000. OHIO 50 Rooms, Independent, Dayton. Single story, brick, exterior corridor, managers apartment, absentee management. Revenue $199,585. Price $775,000. 55 Rooms, Comfort Inn & Suites, I-70, Dayton. 3 story, interior corridor, indoor pool, built in 2000, 16 suites, excellent condition. Revenue $834,922. Price $3,100,000. 105 Rooms, Super 8, Cincinnati. 2 story, exterior corridor, built in 1989. Revenue $766,553. Price $2,800,000. 120 Rooms, Econo Lodge, Toledo. 2 story, exterior corridor, built in 1987, absentee management. Revenue $446,688. Price $1,100,000. Call or check our website for a complete list of our motels for sale. 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 EDWARDS REALTY & INVESTMENTS, INC. 386-672-7773 www.edwardsrealty-motels.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! Call or check our website for a complete list of our motels for sale. Terry Baltes, Baltes Commercial Realty, Ltd. Phone: 937-438-6700 Ext. 1 Email: tbaltes@1bcr.com Website: www.1bcr.com RECAP Serving lenders and the hospitality industry for 34 years Featured Properties PA – 100+ rm FS, independent, 10+/–acres. Great upside. Golf course adjacent. Seller nancing for quali ed buyer w/20% down pymt. Franchisable with a few upgrades. Price $1.95MM. In cooperation w/ Optimum Hotel Brokers. SC – 90 rm. Excellent condition. Easily franchisable to Holiday Inn Express. Ask! Room revenue $1.1MM. O ered at $89K rm. In cooperation w/Hunter Realty. WV – 150+ rm Days Inn. Very good condition with 2008 improvements. On I-64. NOI $600K on room revenue $1.38MM. Price $4.15MM. In cooperation w/ MBA Hotel Brokers. KY – 130 National franchise. Full or limited service, airport & two interstates. Just $500K to purchase, including transfer PIP. Great upside. Room revenue $930K. Price $27,500/key. IN – 100+ rm Indoor pool. 9.0+ acres. New market generator. Great upside. Price $2.4MM. OH – 90+ rm Hilton brand. 8 years new, metro location with major corporate & leisure generators. 100,000+ cars on interstate. Room revenue $2.1+MM, up over 2007. Price $87.7K/room. Analysis of 2008 hotel sales National and regional transaction statistics Summaries of transactions from the last 5 years Hotel Financing Survey results The Industry’s most comprehensive hotel real estate resource and directory of sales comps. Order today by calling 816.505.4315 www.hbihotels.com 502-254-7787 Individual Member hu niehaus.com HBI Regional Broker - 2008, 2006, 2005, 2004, 2001 & 1998 http://www.HotelWorldNetwork.com http://www.1bcr.com http://www.leisurerealestate.com http://www.edwardsrealty-motels.com http://www.hbihotels.com http://www.huffniehaus.com http://www.hbihotels.com http://www.hbihotels.com
Table of Contents Feed for the Digital Edition of Hotel & Motel Management - March 2009 Hotel & Motel Management - March 2009 Contents News Perspective Green Focus Legally Speaking Franchise Law Sales Clinic Legal FAQ Trends & Stats Timeshare On Finance Management Companies Stuggle to Cut Costs While Keeping Guest Satisfaction Up Top Third-Party Management Companies Chart Hot Products Technology Marketplace Ad/Editorial Index Checking Out Hotel & Motel Management - March 2009 Hotel & Motel Management - March 2009 - Hotel & Motel Management - March 2009 (Page Cover1) Hotel & Motel Management - March 2009 - Hotel & Motel Management - March 2009 (Page Cover2) Hotel & Motel Management - March 2009 - Contents (Page 3) Hotel & Motel Management - March 2009 - News (Page 4) Hotel & Motel Management - March 2009 - News (Page 5) Hotel & Motel Management - March 2009 - Perspective (Page 6) Hotel & Motel Management - March 2009 - Perspective (Page 7) Hotel & Motel Management - March 2009 - Green Focus (Page 8) Hotel & Motel Management - March 2009 - Green Focus (Page 9) Hotel & Motel Management - March 2009 - Legally Speaking (Page 10) Hotel & Motel Management - March 2009 - Legally Speaking (Page 11) Hotel & Motel Management - March 2009 - Franchise Law (Page 12) Hotel & Motel Management - March 2009 - Franchise Law (Page 13) Hotel & Motel Management - March 2009 - Sales Clinic (Page 14) Hotel & Motel Management - March 2009 - Sales Clinic (Page 15) Hotel & Motel Management - March 2009 - Legal FAQ (Page 16) Hotel & Motel Management - March 2009 - Legal FAQ (Page 17) Hotel & Motel Management - March 2009 - Trends & Stats (Page 18) Hotel & Motel Management - March 2009 - Trends & Stats (Page 19) Hotel & Motel Management - March 2009 - Timeshare (Page 20) Hotel & Motel Management - March 2009 - Timeshare (Page 21) Hotel & Motel Management - March 2009 - On Finance (Page 22) Hotel & Motel Management - March 2009 - On Finance (Page 23) Hotel & Motel Management - March 2009 - Management Companies Stuggle to Cut Costs While Keeping Guest Satisfaction Up (Page 24) Hotel & Motel Management - March 2009 - Management Companies Stuggle to Cut Costs While Keeping Guest Satisfaction Up (Page 25) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 26) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 27) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 28) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 29) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 30) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 31) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 32) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 33) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 34) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 35) Hotel & Motel Management - March 2009 - Top Third-Party Management Companies Chart (Page 36) Hotel & Motel Management - March 2009 - Hot Products (Page 37) Hotel & Motel Management - March 2009 - Technology (Page 38) Hotel & Motel Management - March 2009 - Technology (Page 39) Hotel & Motel Management - March 2009 - Technology (Page 40) Hotel & Motel Management - March 2009 - Technology (Page 41) Hotel & Motel Management - March 2009 - Technology (Page 42) Hotel & Motel Management - March 2009 - Technology (Page 43) Hotel & Motel Management - March 2009 - Marketplace (Page 44) Hotel & Motel Management - March 2009 - Marketplace (Page 45) Hotel & Motel Management - March 2009 - Marketplace (Page 46) Hotel & Motel Management - March 2009 - Marketplace (Page 47) Hotel & Motel Management - March 2009 - Ad/Editorial Index (Page 48) Hotel & Motel Management - March 2009 - Ad/Editorial Index (Page 49) Hotel & Motel Management - March 2009 - Ad/Editorial Index (Page 50) Hotel & Motel Management - March 2009 - Ad/Editorial Index (Page 51) Hotel & Motel Management - March 2009 - Ad/Editorial Index (Page 52) Hotel & Motel Management - March 2009 - Ad/Editorial Index (Page 53) Hotel & Motel Management - March 2009 - Checking Out (Page 54) Hotel & Motel Management - March 2009 - Checking Out (Page Cover3) Hotel & Motel Management - March 2009 - Checking Out (Page Cover4)
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