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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...

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 inc...

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...

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 o...

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 ho...

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...

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...

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 ...

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 ...

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...

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