Hotel A.G. Closes 8 Hotel Deals
Transactions AllWithin the Last Six Weeks
ATLANTA, GA, January 14, 2008. Hotel Assets Group, LLC, known as "Hotel A.G.", announces the closing of eight hotel transactions within the last six weeks. The Transactions include the following hotels:
Courtyard by Marriott- Somerset, NJ
Courtyard by Marriott- Harrisonburg, VA
DoubleTree Hotel- Greensboro, NC
Hampton Inn- Bowling Green, KY
Hampton Inn- Port Wentworth, GA
Springhill Suites- Greensboro, NC
Magnolia Inn- Branson, MO
Day's Inn- Conover, NC
Hotel A.G. has seven alliance offices located in South Florida, Baltimore/ Washington, Memphis, Louisville, Los Angeles and the greater Boston region.
"These transactions represent several hotel market segments, from strategic REIT purchases to bank foreclosure hotels" said H. Keith Thompson principal of Hotel A.G. In several of the transactions Hotel A.G. represented Newport Hospitality Group (NHG) in a portfolio sale to Apple REIT. Newport Hospitality operates 29 hotels, with the majority positioned within eastern seaboard states. NHG is widely respected within the hospitality industry. Apple REIT needs no introduction as they have become one of the benchmarks for the lodging industry as a whole.
H. Keith Thompson states "we at Hotel A.G. are very humbled to have been engaged to sell the portfolio for Newport Hospitality Group as well as delighted to have the opportunity to participate with Apple REIT." He continues; "The lodging industry is clearly seeing value adjustments in the lower fill pattern segments that represent non-investment grade hotel brands, while the investment grade brand values remain consistently strong in their respective local markets as well as the public investor market.
Hotel A.G. is a specialized hotel brokerage firm with a market focus in Select Service hotels with a per property market value under $25,000,000. Hotel A.G. is lead by long time industry professional H. Keith Thompson and primarily focuses on upscale Select Service hotels such as the asset class(s) represented by the above mentioned transactions. Hotel A.G. is currently marketing many similar assets that can be found on the following website.
For more information on Hotel A.G. please log onto www.hotelassetsgroup.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 
