view more press releases >>

Latest Press Releases Section

Oklahoma Hampton Inn & Suites Sold




























STROUD, OK — HotelBrokerOne (HB1) is pleased to announce the
sale of the Hampton Inn & Suites, an 86-room, four-story interior-corridor
hotel prominently located at the intersection of Interstate 44 and Oklahoma
State Highway 99 (Historic Route 66) in Stroud, Oklahoma. 

Oklahoma based Stroud Hospitality, LLC sold the hotel to
Kansas base...
Read More >>

HotelBrokerOne-Brokered Transaction Paves the Way for Extensive Renovation and Re-identification



















KANSAS CITY, MO —
HotelBrokerOne (HB1) is pleased to announce the sale of the Motel 6 to a Dallas
based hotel redevelopment specialist. Extensive refurbishment and repositioning
planned for the hotel located at 8230 NW Prairie View Rd, Kansas City, MO. 

The approximately 3-acre
property, which includes the existing 82 room hotel, has been historically
suc...
Read More >>

HotelBrokerOne-Brokered Transaction Paves the Way for Multi-Million-Dollar Project Featuring Approximately 200-Room Hilton Dual-Brand Hotel




OKLAHOMA CITY, OK — HotelBrokerOne (HB1) is pleased to
announce the sale of the former Crowne Plaza Oklahoma City to Oklahoma
City-based Champion Hotels, paving the way for a major multi-million-dollar
redevelopment of the property at 2945 Northwest Expressway. 

The approximately 4.5-acre property, which includes the
existing 10-story hotel tower, has been a prominent fixture alon...
Read More >>

Quality Inn Tahlequah Sold in HotelBrokerOne-Brokered Deal

TAHLEQUAH, OK – HotelBrokerOne (HB1) is pleased to announce
the sale of the Choice-branded Quality Inn Tahlequah, situated in a
well-established location that serves business travelers, visitors to
Northeastern State University, patients and visitors of the newly opened WW
Hastings Hospital, outdoor enthusiasts, and guests exploring the Illinois River
and Cherokee Nation attractions.&n...
Read More >>

Cobblestone Inn & Suites Cambridge Successfully Sold by HotelBrokerOne

CAMBRIDGE, NE – HotelBrokerOne (HB1) is pleased to
announce the successful sale of the Cobblestone Inn & Suites Cambridge, a
31-room hotel.

The transaction was represented by Ted Holmes of
HotelBrokerOne, and was the second Cobblestone sold by Holmes in Nebraska in
the month of December.  

The hotel was originally constructed by a group of local
investors who...
Read More >>

HotelBrokerOne Completes Sale of Cobblestone Inn & Suites in Gering, NE

GERING, NE – HotelBrokerOne (HB1) is pleased to announce the
successful sale of the Cobblestone Inn & Suites Gering, a 54-room hotel
serving both leisure and business travelers throughout western Nebraska. 

The Buyer was a group that already has a presence in the
Scottsbluff market and saw the potential of the property while growing their
portfolio within the market. The hote...
Read More >>

HotelBrokerOne Brokers Transaction for Winterset’s Covered Bridge Property

WINTERSET, IA – HotelBrokerOne (HB1) is excited to announce
the successful sale of the Covered Bridge Inn, a well-known 31-room independent
hotel located in the heart of Winterset, Iowa. The hotel, originally built as a
Super 8, will undergo conversion to the new owner’s boutique branding of Hotel
Pommier. 

Ted Holmes of HotelBrokerOne represented the transaction and
comme...
Read More >>

HotelBrokerOne Facilitates Short Sale of Studio Inn Airport OKC

OKLAHOMA CITY, OK – HotelBrokerOne (HB1) is pleased to
announce the successful sale of the Studio Inn OKC Airport, a 78-room All
Suites hotel located near Will Rogers World Airport. The property, sold in a
lender-forced short sale, is strategically located in the airport market’s high
demand corridor. The zone services an assortment of clientele from the area’s
various dema...
Read More >>

HotelBrokerOne Oversees Package Sale of Two Woodward, Oklahoma Hotels

WOODWARD, OK – HotelBrokerOne (HB1) is pleased to announce
the successful sale of the Sands Inn & Suites (67 rooms) and Super 8 (59
rooms), two hospitality assets located in Woodward, Oklahoma. 

Both properties are ideally positioned along U.S. Highway
270, serving a steady mix of business and leisure travelers visiting the
region’s energy sector, local industries, and ...
Read More >>

HotelBrokerOne Announces Sale of Microtel Inn & Suites Altus, OK

ALTUS, OK – HotelBrokerOne (HB1) announces the sale of the
Microtel Inn and Suites. The buyer and corporate seller were represented by
Peter Holmes and Bert Steven of HB1’s OKC and Dallas offices respectively. The
52-room hotel located in Altus, Oklahoma will undergo the comprehensive
completion of the current Microtel MODA program and remain a Microtel branded
property. 

...
Read More >>

HotelBrokerOne Facilitates Disposition of Holiday Inn Express & Suites Farmington NM

FARMINGTON, NM – HotelBrokerOne (HB1) is pleased to announce
the successful sale of Holiday Inn Express & Suites Farmington, a prominent
hospitality asset located in the Bloomfield section of Farmington, New
Mexico. 

The strategically located, 100-room hotel has long served
both business and leisure travelers drawn to the Four Corners region, offering
convenient access to ar...
Read More >>

Cobblestone Inn & Suites in Corry, Pennsylvania Brokered by HotelBrokerOne














CORRY, PA – HotelBrokerOne (HB1) is pleased to announce the
successful disposition of the Cobblestone Inn & Suites in Corry,
Pennsylvania, a 37-room, upper-midscale property serving both business and
leisure travelers in northwestern Pennsylvania. 

The hotel is strategically located to serve the greater Erie
region and nearby outdoor recreation areas, of...
Read More >>

Champion Hotels Closes Acquisition of 4-Hotel Portfolio in Oklahoma

OKLAHOMA CITY – HotelBrokerOne (HB1) announced Champion Hotels has acquired a 4-hotel portfolio in Oklahoma from American Hotel Investment Properties (AHIP), a national REIT. 


According to HotelBrokerOne, whose offices in Oklahoma City and Dallas led the deal, the purchase which closed on Dec. 6 consisted of two Holiday Inn hotels and a Staybridge in Oklahoma City, and a Hampton I...
Read More >>

HotelBrokerOne sells the Holiday Inn Express & Suites – Lewisville, Texas

LEWISVILLE, TX – In late May 2022, HotelBrokerOne completed the
sale of an 89 room Holiday Inn Express & Suites located near Vista Ridge
Mall and I-35 in Lewisville, TX.  The hotel opened in 2001 and received a
substantial upgrade in 2018. It has been awarded IHG’s prestigious Torchbearers
Award continuously since 2016, IGH’s highest award for customer sat...
Read More >>

HotelBrokerOne announces the passing of Bernard Levine, hotel pioneer

Phoenix, AZ – HotelBrokerOne announces
the passing of Bernard Levine, hotel pioneer, who passed away on September 25,
2021, after a long illness.  Bernie was well known in the Arizona
hospitality industry:  Desert Sky Management, the Van Buren
Businessmen’s Association, and later through HotelBrokerOne where he continued
as the Designated Broker of t...
Read More >>

HotelBrokerOne announces addition of new Dallas broker, Bert Stevens

Bert Stevens joined HotelBrokerOne in August 2021 as a broker in their Dallas office. Bert brings over 49 years of commercial brokerage sales experience, including working as a broker for CBRE (formerly lnsignia/ESG) in 1996 to open the firm’s Hotel Partners office in Dallas.

Bert focuses on small and large single asset transactions and portfolio sales throughout the central United St...
Read More >>

HotelBrokerOne Denver sells 460 Flatirons Blvd. land, Broomfield multifamily project soon underway

Broomfield, CO – HotelBrokerOne (“HB1”) Denver completed the sale of the land at 460 Flatirons Blvd. in Broomfield, Colorado on June 30, 2021.

Pivot Development Co., an Indiana-based multifamily residential developer, is planning a large, new apartment community near the intersection of Flatiron Boulevard and Interlocken Loop. The complex will be known as The Lock at Flatiron...
Read More >>

HotelBrokerOne sells Holiday Inn Express & Suites NW Oklahoma City

Oklahoma City, OK – HotelBrokerOne (“HB1”) recently completed the sale of the Holiday Inn Express & Suites Quail Springs in Oklahoma City, Oklahoma. This limited service, 92-unit hotel is located in Northwest Oklahoma City, at the crossroads of the John Kilpatrick Turnpike/Interstate 44 and Lake Hefner Parkway. The hotel overlooks the Quail Creek Golf and Country Club.

HB1 C...
Read More >>

HotelBrokerOne sells Cobblestone Inn & Suites in Eaton, CO

HotelBrokerOne sells Cobblestone Inn & Suites in
Eaton, CO

EATON, CO – HotelBrokerOne (“HB1”) recently completed the sale of the
Cobblestone Inn & Suites in Eaton, Colorado.  This limited service,
45-unit hotel is located just East of Fort Collins and North of Denver.  

The hotel was sold May 14 for $3.1M, after a national
marketing e...
Read More >>

HotelBrokerOne Sells Comfort Suites in NW Dallas

Dallas, TX – HotelBrokerOne (“HB1”) completed the sale of the
Comfort Suites in NW Dallas, Texas.  This limited service, comprehensively
renovated, 103-unit 4 story hotel is located near Love Field and adjacent to
the I-35 corridor.  The hotel was sold May 19, 2021 for an undisclosed
price to a California buyer with previous hotel experience. &n...
Read More >>

HotelBrokerOne sells Aloft Bricktown OKC to Hawkeye Hotels

Oklahoma City, OK – HotelBrokerOne
(“HB1”) recently completed the short sale of the Aloft
Downtown Bricktown in Oklahoma City, OK.  The modern, full service,
134-unit hotel was sold to Hawkeye Hotels, a national hospitality investment
company based in Iowa City, IA.

The hotel was sold March 9 for an undisclosed price, after a
national marketing effort led t...
Read More >>

HotelBrokerOne Sells 243 Room Holiday Inn

Bedford, TX – The Dallas and
Oklahoma City offices of
HotelBrokerOne have completed the
sale of the 243
room Holiday Inn Bedford, TX to an undisclosed local buyer.  The six
story hotel, located south of the DFW Airport, has a history of excellent performance.
 No plans were disclosed by the purchaser regarding future renovation
plans.  Joe Strain and Bruce Ho...
Read More >>

Quality Inn converts to Siegel Suites

Jackson, MS – HotelBrokerOne recently completed the sale of the Quality Inn located in Jackson, MS. The hotel is 138 units and was sold to a Nevada hospitality investment company, Jackson Miss Holdings LLC.

The Hotel, which was a La Quinta until recently, is now being converted to an apartment and extended stay property operating as a Siegel Suites.

HotelBrokerOne is a national hote...
Read More >>

Champion Hotels Acquires Tower Hotel

OKLAHOMA CITY – The recent purchase of the Tower Hotel on
Northwest Expressway is a win-win for Oklahoma City, giving new life to a city
landmark and bringing Oklahoma City a new Embassy Suites hotel.

HotelBrokerOne, along with NAI Global, brokered the
deal.  A local ownership group led by Champ Patel plans to convert the
354-room Tower Hotel, formerly a full-service Marriot...
Read More >>

HotelBrokerOne sells closed Stanton Hotel, set to reopen

STANTON, TX – HotelBrokerOne
recently completed the sale of the hotel formerly known as the Cobblestone Inn,
located in Stanton, TX. The hotel is 54 units and has been closed for over a
year. The hotel was sold to a Texas hospitality investment company, Shiv Gange
III. 

The Hotel, constructed in 2014, is in excellent condition
and will reopen within the month. The recent in...
Read More >>

HotelBrokerOne/Gallegos & Associates, Inc. sells Garden Inn & Suites, - Wichita, KS

WICHITA, KS – HotelBrokerOne,
in conjunction with Gallegos & Associates, Inc., sold a popular hotel
located near Towne East Mall.  This 97 room, 6 story hotel was
purchased by a California based private investor for $3,235,000.

The Garden Inn and Suites, formerly LaQuinta, was
constructed in 1973, and is being converted to Red Roof Inn Plus.  Buyers
are p...
Read More >>

HotelBrokerOne sells LaQuinta Inn & Suites, Tyler, TX

DALLAS, TX – HotelBrokerOne,
in conjunction with Sunbelt Hotel Brokers, sold a popular hotel located in
the University area of Tyler, TX.  The 73 room, 3-story hotel on
SE Loop 323 was purchased by a California based private investor at an
undisclosed price.

The LaQuinta, constructed in late 2014, required very little
franchise upgrades and will continue operations as a LaQuinta...
Read More >>

HotelBrokerOne sells Comfort Inn rebranded as a Days Inn

PRESCOTT, AZ – HotelBrokerOne
recently sold the lovely Comfort Inn located in Prescott, Arizona.  The
hotel was rebranded, upon sale, as a Days Inn with the Buyer planning
significant improvements and renovations to follow. 

The sixty-one unit property located in the beautiful scenic
pines area of Prescott, was sold to a southern California investor with many
years of hotel...
Read More >>

Junction City Hotel sold with major rebranding

 Junction City, KS – HotelBrokerOne recently sold the Holiday Inn Express located on Interstate 70 in Junction City, Kansas. The hotel is a 60 unit property that was sold with an expiring Holiday Inn Express franchise for an undisclosed price to Shree Bholenath Real Estate, LLC.


The hotel is no longer a Holiday Inn Express effective May 1; however, the new ownership has reached an...
Read More >>

HotelBrokerOne sells Best Western Plus Otay Valley

HotelBrokerOne (HB1) is pleased to announce the sale of Best Western Plus Otay Valley, located in Chula Vista, California. The three story, exterior corridor property offers proximity to Tijuana, Mexico and San Diego's downtown providing a perfect location for corporate and leisure travelers. The property was sold via an off-market transaction from Pacifica Host Hotels to a California based hot...
Read More >>

HotelBrokerOne sells Holiday Inn Express with future rebrand

Dallas, TX – HotelBrokerOne recently sold a popular hotel located in Addison, TX, a part of the Dallas metroplex. The 102 room Holiday Inn Express, located just off of Beltline, sold to a Frisco, TX based investment group at an undisclosed price. HotelBrokerOne represented an Oklahoma City and Dallas based ownership group.


The Holiday Inn Express will retain the franchise until spring ...
Read More >>

HotelBrokerOne sells La Quinta Kansas City Airport

Kansas City, MO – The La Quinta Inn & Suites Kansas City Airport has been successfully listed, marketed, and sold by HotelBrokerOne. The hotel was listed for less than seven days prior to HB1 obtaining multiple acceptable offers, with total transaction time being just over ninety days from start to finish.  The hotel will undergo a significant renovation and remain a La Quinta Inn & Su...
Read More >>

Batesville hotels sold with upgrades in store for future

Batesville, AR – HotelBrokerOne recently sold of a portfolio of two hotels located in Batesville, Arkansas. The sale included the 65 room Holiday Inn Express and the 123 room Ramada Inn. 


The two hotels will retain the same franchise status, while undergoing significant improvements to both of the properties. The Holiday Inn Express is expected to have a million dollars’ wor...
Read More >>
<< start < prev View All Press Releases next > end >>
view more links >>

Links Section

HVS

http://www.hvs.com/
A strong force regarding Consulting, valuation and research in the worldwide hotel industry.
View Links Section