Artemis Hotel Group Acquires Homewood Suites by Hilton Atlanta-Galleria/cumberland in Georgia
Hunter Hotel Advisors ("HUNTER") announced the successful sale of the Homewood Suites by Hilton Atlanta-Galleria/Cumberland. Artemis Hotel Group acquired the asset for an undisclosed price on June 24, 2024. HUNTER's Tim Osborne, senior vice president, and Chase Perry, senior associate, represented the institutional seller.
"Artemis Hotel Group is excited to add another wonderful asset in our hometown, serving the upscale extended-stay guest in one of the most vibrant submarkets in Atlanta," said Will Watson, CEO & managing principal of Artemis Hotel Group.
Located in the Cumberland submarket of Atlanta, the Homewood Suites by Hilton AtlantaGalleria/Cumberland sits less than a mile from The Battery Atlanta, a mixed-use development that features numerous retail, office and residential space along with Truist Park, home of the Atlanta Braves. Further driving corporate and leisure demand is the Cobb Energy Performing Arts Center, The Home Depot Headquarters, Akers Mill Square, and the Dobbins Air Reserve Base. Less than a mile from the Interstate 75 and 285 junction, guests enjoy the easy access to Atlanta's other popular areas such as Downtown Atlanta, Midtown, and Buckhead.
The 124-key Homewood Suites offers guests a range of amenities, including a sports court, fitness center and outdoor pool. Guests enjoy in-house dining, known as The Lodge, which features complimentary breakfasts and evening socials.
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 
