Holiday Inn Express Easton Maryland Sale Arranged by MBA Hotel Brokers
GLENWOOD, MD. July 19, 2017 - MBA Hotel Brokers, Inc. announces the successful sale of the 73 unit, 4-story Holiday Inn Express in Easton Maryland.
The sale was completed through a “pocket listing” by John J. Downes, Associate Broker with MBA Hotel Brokers, Inc. Mr. Downes had a prior relationship with the seller and was able to bring a buyer to the seller via a one on one transaction.
Mr. Downes knew several potential buyers with interest in purchasing additional hotels on the Maryland Eastern Shore and was able to bring a buyer with interest in purchasing additional hotels on the Maryland Eastern Shore.
The buyer owns two other hotels on the Eastern Shore of Maryland, including another Holiday Inn Express. The new owners plan on a complete renovation of the Holiday Inn Express to conform with the 'Formula Blue' design concept.
MBA Hotel Brokers Inc. has been advising on hotel transactions for over 20 years. MBA Hotel Brokers has a corporate office headquartered in Maryland and five additional branch locations. 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 John Downes at John@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 
