Lodging Partners, LLC, a member of Hotel Brokers International, announced it has arranged the sale of the 89-unit Country Inn & Suites Myrtle Beach, South Carolina. Ford C. Barton, Principal of Lodging Partners, LLC, exclusively represented the Seller on this transaction.
This is the 19th Hotel deal that I have been involved with in the Myrtle Beach market. We continue to see very strong investor interest in hotels throughout the Carolina region driven by solid growth, great fundamentals, and a positive supply & demand environment, noted Ford Barton.
About Lodging Partners, LLC
Lodging Partners is a specialized hotel brokerage and advisory firm focused on the sale of select service hospitality investment properties on behalf of institutional and private investors throughout the United States. Over the past 5 years, Lodging Partners has had an advisory role on 96 hotel assets that included portfolio and single asset sales. The firm offers a range of hotel real estate services, including brokerage, valuation consulting, and strategic acquisition planning and has an unwavering commitment to client service. Lodging Partners may be accessed online at www.lodging-partners.com.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organizations database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker Program, the real estate industrys only professional designation program for hotel brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals and investment services. For more information about HBIs hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.
For more information contact:
Ford C. Barton, Principal
Lodging Partners, LLC
Glenda J. Webb, Managing Director
Hotel Brokers International
Kansas City, Missouri
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