PLA to Advise in Sale of Hilton Garden Inn Elko, NV
San Francisco, CA - October 3, 2011 - Paramount Lodging Advisors (PLA) announced that the company has been selected to advise in the sale of the Hilton Garden Inn located in Elko Nevada. The Hilton Garden Inn is located in the heart of North America's gold production in Northeastern Nevada. The region produces approximately 80% of the gold in North America, making it the largest gold production mines in North America and 4th Largest in the World.
The 84-room Hilton Garden Inn is located just off Interstate 80 and is the only upscale franchised hotel in the Elko market. The hotel has excellent visibility from I-80 and is located within close proximity to downtown Elko and many of the town's amenities. Not only does Elko lead North America in gold production, it is home to University of Nevada's Fire Science Academy, The Northeastern Regional Rail-port, Renewable Energy Initiatives, and several annual conventions as well as year-round leisure activities.
The HGI Elko underwent major capital improvements over the past year, including but not limited to updating guest rooms, public areas, and building a full service bar. The HGI is currently a market leader in performance, operating at close to 80% with demand for meeting space exceeding its current capacity.
For more information on this opportunity and others, please contact Scott Griemsmann at 415-439-5310 or sgriemsmann@paramountlodging.com
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