Sale of the Country Inn & Suites Beckley West Virginia
Arranged by MBA Hotel Brokers Inc.
November 24, 2015 - MBA Hotel Brokers, Inc. announced today the sale of the Country Inn & Suites, Beckley, West Virginia for an un-disclosed price.
The Country Inn & Suites is located at 2120 Harper Road, Beckley, West Virginia. The hotel is one of the larger hotels in its brand. The hotel was built in 1997 and has 3 stories, interior corridors, and 156 rooms, including 82 suites. The hotel has a unique swim-under indoor/ outdoor pool, indoor and outdoor hot tubs, fitness room, and meeting room. In addition the property includes the Mountaineer Conference Center with nearly 7,000 sq. ft. of meeting space.
The Country Inn & Suites has a strong multi season location and is one of the top grossing hotels in the Country Inn and Suites brand. The hotel receives excellent guest reviews and is a TripAdvisor Certificate of Excellence Award holder. However, the hotel is in need of capital improvements to meet the current brand standards.
This was an attractive investment to multiple parties. MBA Hotel Brokers very quickly procured multiple buyers and offers. The sale closed within 15 weeks of listing the hotel. The buyer plans to continue to operate as a Country Inn & Suites. Charlie Fritsch, listing broker and MBA Hotel Brokers President said, “It was a pleasure to work with the sellers again, who I've had a long standing relationship with and have sold two other hotels for them”.
MBA Hotel Brokers Inc. has been advising on hotel transactions for 20 years. MBA Hotel Brokers has a corporate office headquartered in Maryland and six additional brokerage offices in other states. MBA Hotel Brokers Inc. has closed hundreds of hotel sales, in 26 states throughout the USA. For more information, contact Charlie Fritsch at Charlie@mbahotels.com or go to www.mbahotels.com.
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 
