Bankruptcy Auction of Royal Lodge Hotel in Absecon, NJ
Comly Auctioneers & Appraisers has been appointed by the U.S. Bankruptcy Court to auction the assets of Royal Lodge located at 553 E. Absecon Blvd. in Absecon, NJ. The assets consist of real estate and business intangibles.
Royal Lodge is a 25-room, 14,890 sf hotel situated on 1.8 acres in Atlantic County. The property is zoned for highway development and includes 25 parking spaces. Royal Lodge is located right off Route 30, minutes away from Atlantic City, New Jersey.
Bids are due on Tuesday, November 29, 2016 by 5:00 PM ET. The auction will take place on Thursday, December 1, 2016, in Camden County, NJ. The auction company must pre-approve any party interested in becoming a potential bidder.
Comly Auctioneers & Appraisers can provide prospective bidders more pertinent information upon receipt of a signed Confidentiality Agreement and a statement setting forth a source of financing.
Interested parties may contact Helen Minnucci at the auction office by phone (215-634-2500) or by email ([email protected]) to receive the Confidentiality Agreement.
Visit our website at Comly.com for more information.
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 
