Hotel & Motel Management - March 2009 - (Page 53)

H&MM March 2009 | HotelWorldNetwork.com 53 Corporate Ofﬁce 410-489-5900 Midwest Ofﬁce 641-472-7475 www.MBAHotels.com 140 Rms, Clarion Hotel, MD Interior Corridor. Conference Center. Completely refurbished 2008. Great group business. Occupancy ramping up now. Make an Offer! $8,600,000 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 91 Rms, Days Inn, TN. Reduced to $3,875,000 NEW LISTING! Best Western Inn & Suites, KS New Build. Opened December 2008. Three story, 67 Rms. Premiere location on I-35 and Hwy 169 in Kansas City area. Make an Offer. $6,975,000. FEATURED PROPERTY Atlanta *Connecticut *South Carolina *Tennessee *South Carolina *Virginia 63 Rooms, Sleep Inn, MD Under Construction. Delivery Fall 2009. Close to Johns Hopkins University, Interstate 83, downtown Baltimore. $7,980,000. NEW LISTING! 60 Rooms, Amerihost, WV Two story interior corridor. Revenue up year over year. 68% occupancy. Built 1996. 2008 Rm Rev $1,162,000. Offered at $3,995,000. REDUCED! 59 Rooms, National Brand, Iowa Recently re-ﬂagged. Interstate exit, high-trafﬁc metro area. Earned over $300k in 2008, lots of up-side. Now offered at $950,000. 54 Rooms, Independent in Iowa Earned over $526,000 revenue in 2008! Many capital improvements completed. Luxurious owners apartment. Asking $995,000. NEW LISTING! Holiday Inn Express, IA Gross Income over $1M. Downtown location, storefront rentals; recent upgrades; upside potential. 80 Rms. Asking $3,295,000. NEW LISTING! 42 Rm Days Inn, KS Recently Renovated. Climbing Revenue $386K in 2008. Interstate / University location. Motivated Seller. Offered at $1,195,000 NEW LISTING! 40 Rms Franchise, Iowa Interstate location. Includes 40 room hotel, mobile home park, cell phone tower. Grossed over $360k in 2008. Near tourist area, outlet mall, prosperous town. Asking $1,295,000. NEW LISTING! Hotel Project on I-95 Site and plans for 105 Rooms & Suites, 5 ﬂoors. All drawings and approvals completed. Hampton Inn ﬂag available. Baltimore, MD area. INTERNATIONAL - See Website for Details 18 Rooms, Paradise Hotel, Costa Rica - Make Offer! South Carolina Florida * NEW LISTINGS *Pennsylvania Experience • Integrity • Results 770-916-0300 ATLANTA www.HunterHotels.net WASHINGTON, D.C. 301-215-7507 MBA Capital Funding - 410-489-7500 *Offering Hotel Financing and Capital Investment Advisory Services* EXCLUSIVE HOTEL/MOTEL REALTOR SINCE 1954 Toll Free: 877-700-7950 www.milmark.com 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. 9 UNITS: Motel, Restaurant & Bar with in town location. $2,800,000 $4,095,000 $8,000,000 $1,399,000 $2,400,000 $260,000 $595,000 Optimum Hotel Brokerage Check Our Exclusive Listings on WWW.OPTIMUMBROKERAGE.COM Phone: 215-572-7711 joe@optimumbrokerage.com Celebrating 50 years with HBI New Mexico - Austin - Dallas 575-523-7421 FAX: 575-524-3699 www.scogginblue.com Scoggin Blue LLC Just Listed 108 rooms, exterior corridor, I-Drive Orlando location, asking $6 million 98 rooms, exterior corridor, Comfort Inn, 3 years remaining on franchise 70 rooms, just opened, major franchise, asking $130,000 per key. 124 units, in Central FL,interstate location, full service, 11.7% cap. Just Sold: 100 units, Tampa, interstate, Interior corridor, needs renovation, Asking $27,000 per unit. 200 Units, Major franchised hotel, I-25 & I-40 location, 4.8 acres, 3 x room rev., priced @land cost $5,250,000. Seller Financing w/20% down. 120+ Units, Albuquerque, I-40/US 66, priced approx. $20,000 per unit. 113 Units, Days Inn, San Angelo, TX. Excellent condition-4 Sunburst rating from Days Inn, increasing revenues. $4,850,000. 80 Units, So. NM Tourist Area, Ltd. Serv., Franchised, increasing rev., priced @ 3.5 x Rm. rev., $3,350,000 all cash. 76 Units, Branded, Santa Fe, plus 4 acres vacant land. Seller Financing w/20% down. 46 Units, Independent off I-40/Rt.66, $495,000 Cash. FLORIDA (727) 447-8383 • FAX: (727) 447-6533 Licensed Real Estate Brokers Visit us on the web at:“www.gcdhotels.com” http://www.HotelWorldNetwork.com http://www.HunterHotels.net http://www.MBAHotels.com http://www.milmark.com http://www.OPTIMUMBROKERAGE.COM http://www.scogginblue.com http://www.gcdhotels.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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