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 hotel will remain a Cobblestone, with a heavy focus on improving sales and guest satisfaction. The transaction was exclusively brokered by Ted Holmes of HotelBrokerOne’s Oklahoma City office.
“The hotel was well positioned for future success with significant development for guestroom demand taking place in the market, including several major construction projects taking place” said Ted Holmes of HotelBrokerOne. HotelBrokerOne remains active across the Midwest and Mountain West, representing hotel owners in the disposition and acquisition of branded and independent assets.
For more information about HotelBrokerOne and its recent transactions, visit www.hotelbrokerone.com.
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