Wason Associates Negotiates the Sale of the Valley Inn in Waterville Valley, NH

PORTSMOUTH, NH. April 27, 2017 – Wason Associates Hospitality Real Estate Brokerage Group (Wason Associates) is pleased to announce that they have successfully negotiated the sale of The Valley Inn located in Waterville Valley, New Hampshire. The sale was finalized on December 20, 2016.

The 40-room, boutique-style property offers rooms, suites, and townhouses. It is situated in one of the Northeast's most sought after resort markets, Waterville Valley. This area’s active three-season resort town is surrounded by 7,000 acres of national forest and includes the Waterville Valley Ski Resort, the “Town Square,” Adventure Center, a golf course, and the White Mountain Athletic Club.

Wason Associates negotiated the transaction between Lund Acquisitions, LLC and Cardinal NH5 Real Estate, LLC for a sale price of $2,975,000. This is the 5th hotel purchased in New Hampshire by the buyer and his affiliates.

“It was a pleasure to facilitate the successful transfer of The Valley Inn to its new owners,” states Earle Wason, CCIM and President of Wason Associates. “We enjoy contributing to the growing New England hospitality market, and working with skilled individuals and companies in our industry.”

About Wason Associates Hospitality Real Estate Brokerage Group

Wason Associates is a highly-respected New England-based brokerage firm comprised of professionals who bring a unique combination of financial, banking, and real estate expertise to each transaction. President, Earle Wason, CCIM has over 30 years of experience in the hospitality real estate market. Offering advisory services to both buyers and sellers, Wason Associates provides a strategic, client-centric approach to problem-solving, financial advising, and transaction execution. For more information on Wason Associates, visit www.hospitalityrealestate.com.

Contact:

Jessica Chabot

Millennium Integrated Marketing

Email: jchabot@mill-im.com

Phone: (603) 792-2200 ext. 203

About

Related News

Coming up in March 2018...

Human Resources: Value Creation

Businesses must evolve to stay competitive and this is also true of employment positions within those organizations. In the hotel industry, for example, the role that HR professionals perform continues to broaden and expand. Today, they are generally responsible for five key areas - government compliance; payroll and benefits; employee acquisition and retention; training and development; and organizational structure and culture. In this enlarged capacity, HR professionals are no longer seen as part of an administrative cost center, but rather as a member of the leadership team that creates strategic value within their organization. HR professionals help to define company policies and plans; enact and enforce systems of accountability; and utilize definable metrics to measure and justify outcomes. Of course, there are always new issues for HR professionals to address. Though seemingly safe for the moment, will the Affordable Care Act ultimately be repealed and replaced and, if so, what will the ramifications be? There are issues pertaining to Millennials in the workforce and women in leadership roles, as well as determining the appropriate use of social media within the organization. There are new onboarding processes and e-learning training platforms to evaluate, in addition to keeping abreast of political issues like the minimum wage hike movement, or the re-evaluation of overtime rules. Finally, there are genuine immigration and deportation issues that affect HR professionals, especially if they are located in Dreamer Cities, or employ a workforce that could be adversely impacted by federal government policies. The March Hotel Business Review will take a look at some of the issues, strategies and techniques that HR professionals are employing to create and sustain value in their organization.