Topic - Hotel Transaction South Carolina

Sold at 12.9x Trailing Twelve Months Hotel EBITDA continue reading →

Representing the Seller in the sale of the 89-unit Country Inn & Suites Myrtle Beach, South Carolina continue reading →

Ronald R. McCord, Certified Hotel Broker (CHB) and Certified Hotel Administrator (CHA) with Milmark Hotel/Motel Investments, LLC, West Bend, WI, and member of the Commercial Association of Realtors of Wisconsin (CARW), 250 E. Wisconsin Avenue, Milwaukee, WI, has been awarded the unique honor of REALTOR EMERITUS status by the National Association of Realtors at the group’s 2018 Legislative Meetings and Trade Show. continue reading →

In spring 2019, the hotel will undergo a comprehensive renovation to become part of the Graduate Hotels collection. The hotel will remain open during renovations and will be completed in fall 2019. continue reading →

Lodging Partners, LLC, a member of Hotel Brokers International, is pleased to announce it has arranged the sale of the 96-guestroom Quality Inn & Suites located on US-501 in Myrtle Beach, SC. Ford Barton, Managing Principal of Lodging Partners, exclusively marketed the Property and arranged the sale on behalf of the Seller. continue reading →

Chatham Lodging Trust (NYSE: CLDT) yesterday announced that it has acquired the 96-room Residence Inn by Marriott Charleston Summerville, S.C., for $20.8 million, or approximately $217,000 per room. continue reading →

The hotel was originally constructed in 1986 and converted to the Aqua Beach Inn in 2011. The Hotel has an excellent location directly across the street from the Atlantic Ocean and within walking distance to the Myrtle Beach Boardwalk and SkyWheel, 14th Avenue Pier, as well as numerous restaurants. continue reading →

Condor Hospitality Trust, Inc. (NYSE American: CDOR) today announced that it has closed on its previously-announced agreement to purchase the 93-room Home2 Suites by Hilton located in Summerville, South Carolina, a suburb of Charleston. continue reading →

Condor Hospitality Trust, Inc. (NYSE American: CDOR) today announced that it has executed an agreement to purchase the 93-room Home2 Suites by Hilton located in Summerville, South Carolina, a suburb of Charleston. The contracted purchase price for the hotel is $16,325,000. continue reading →

Chatham Lodging Trust (NYSE:CLDT) today announced that it has acquired the 96-room Courtyard by Marriott Charleston Summerville, S.C., for $20.2 million, or approximately $210,000 per room. continue reading →