WHI to Advise in Sale of Red Roof Inn Memphis East
Warmbrodt Hotel Investments
KANSAS CITY, MO, June 15, 2009 - Warmbrodt Hotel Investments, Inc. ("WHI") announced today it has been selected to advise in the disposition of the Red Roof Inn located in Memphis, Tennessee. The two-story, 108 room property has excellent visibility and easy access from Interstate 40 and Sycamore View Road. The location is proximate to the Memphis International Airport, which is the world's busiest cargo airport serving as a primary hub for FedEx shipping. The property is situated between two shopping centers, Sycamore Square Mall and Shelby Crossing Shopping Center. Major employers in the area include Allstate, Pfizer, Nike, Medtronics and First Horizon National.
Herb Warmbrodt, President of WHI has said "We are pleased to once again be selected by Red Roof Corporate on the disposition of the Red Roof Inn - Memphis East. Red Roof Corporate has recognized that WHI is still very active in this challenging market having finalized transactions on 10 hotel properties containing 1,479 rooms in 2009. We look foward to achieving our clients stated goals and objectives."
WHI is a Kansas City based, hotel real estate firm specializing in the disposition, acquisition, financing and debt restructuring of hospitality related assets throughout the United States. Contact us directly at (913) 381-3737 or visit our website at www.whikc.com to learn more about how our years of experience and specialized services can help meet the needs of your business goals.
For more information regarding the Red Roof Inn property, please contact Herb Warmbrodt at (913) 381-3737 [email protected] or Zane Varvel at [email protected].
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
