Hotel AG Puts Three Hotels Under Contract
Lists Full Service Hotel in New Jersey
ATLANTA, GA, June 1, 2009 - Hotel Assets Group, LLC (Hotel AG), announced today that it has placed three separate hotels under contract for closing late summer. The hotels under contract include a Holiday Inn Express, a Country Inn & Suites and a Holiday Inn Express conversion. The New Jersey full service hotel will come to market mid June. The locations and financial details will be announced as the deals progress.
"These contracted transactions are indicative of the market's return to a more stabilized basis," Keith Thompson, principal of Hotel AG remarked.
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