Hunter Hotel Advisors Year End Hotel Brokerage Recap
Hunter Hotel Advisors - the nation's leading investment advisory firm focused exclusively on the hotel industry - announces their 2018 year-end sales results and start of their 40th year in business.
For calendar year 2018, Hunter sold 112 hotels totaling $801,761,720 million. The hotel sales included properties located in 30 states across the US, with the Western and Southern regions showing nearly equal results. Ohio saw heavy sales activity with 13 Hunter transactions. They sold 11 properties in Texas and 11 properties in Florida, always a strong market for the company.
Marriott lead the list of brands represented, with 42 hotels sold for the Marriott franchise in the year. Hilton, Hyatt, Intercontinental Hotels & Resorts (IHG), Extended Stay America, and Motel 6 round out the top six.
"These stats represent the results of our strong relationships with both institutional and individual owners, as well as our ability to handle complex transactions with sophisticated financing models. Hunter strives to maintain deep knowledge of every market we serve, and our continued expansion into now 30 states shows the results of that commitment. Our talented team is key to that success." - Teague Hunter, President, Hunter Hotel Advisors.