Avison Young Hospitality Group Announces Six Hotel Closings in August
ATLANTA, GA. August 31, 2017 - The Avison Young Hospitality Group announced today that it has brokered six hotels in August. The hotels include a 378 room, full-service Marriott In downtown Knoxville, Tennessee, a Hampton Inn in downtown Green Bay, Wisconsin, a Holiday Inn Express in Texas, an all-suite hotel in Baton Rouge, Louisiana, a La Quinta in Louisiana and a Choice select-service hotel in Florida.
The brokers involved in these closings were Michael Bernath, Brad Sinclair, Victor Kalyanji, Collin Foran, Wendy Blissett, Rick George and Chris Stark.
“Our August closings were across most all segments and major brand families,” said Chris Stark, principal at Avison Young. “We continue to believe we are in the transaction window of this market cycle.”
The Hospitality Group, which consists of 22 brokers, currently has 227 hotels on the market, totaling $3.6 billion.
“We believe Avison Young represents one of the best hotel brokerage platforms available in the U.S.,” said Eric Gunderson, principal at Avison Young. “As we continue to grow, we will be looking to add successful, seasoned brokers to our roster that fit Avison Young's culture.”
About Avison Young
Avison Young is the world's fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,400 real estate professionals in 80 offices providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties.
About Avison Young Hospitality Group
Avison Young Hospitality Group is a national hotel practice group supported by 69 North American office locations and 2300 people. The firm currently has 227 hotels on the market totaling 3.6 billion in market value and for the past five years, the firm has been involved in one hotel transaction every five days. Avison Young Hospitality Group specializes in select service and full service hotels within the U.S. and works with CMBS lenders, whole loan banks, REITs, public companies, investment funds and private investors. The hospitality group can be found at www.avisonyoung.com under the “services” tab.
Contact:
Mike Rieman
mrieman@cookerly.com
(404) 816-2037
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 
