Paramount Lodging Advisors (PLA) Leads the Successful Sale of the Downtown Milwaukee Hyatt Regency
Paramount Lodging Advisors
(PLA) is pleased to announce the sale of the Hyatt Regency
Milwaukee. PLA was exclusively engaged to represent the seller in the
transaction of the 481-room full-service property in downtown
Milwaukee. The marketing efforts were led by Senior Managing Directors
Bennett Webster and Brent Clemens, and Managing Director Adam Montufar.
“We were pleased to continue our strong track record of success in
Wisconsin and we were not at all surprised with the particularly high
offer count on this deal,” noted Montufar.
“We feel the activity is emblematic of the strong growth prospects
for downtown Milwaukee with the opening of the new basketball arena,
expanded streetcar routes, and the overall Milwaukee MSA growth with the
ongoing expansions of the initial Foxconn development. We remain very
bullish on the market,” added Webster.
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 
