Lodging Partners is pleased to announce that, over the past 7 years, Lodging Partners has had an advisory role on 106 hotel assets with over $467 Million in sales that included two portfolios of extended stay hotels. Recent sales include the Hampton Inn Selma, NC; Residence Inn - Durango, CO; and the Motel 6 - Jacksonville, NC. In each of these sales, we were able to apply our market and asset-specific expertise to assist the sellers and buyers in reaching their goals and objectives. All of these properties were widely marketed and garnered heavy interest.

Our firm has an unwavering commitment to client service and offers a range of hotel real estate services, including brokerage, valuation consulting, and strategic acquisition. In addition to selling hotels, we also coordinate the sale and purchase of hotel notes, arrange preferred equity & recapitalization, and manage auctions through the Ten-X platform, where we recently sold 10 hotels.

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U.S. Hotel Profitability Improvements Slow in August
Overall hotel profitability was positive for the second consecutive month, according to STR's August P&L report.

Sonesta Adds Sonesta Suites Dallas Park Central and Sonesta ES Suites Dallas Park Central Hotels
Sonesta Suites Dallas Park Central, formerly the Crowne Plaza Dallas Park Central, is located in the heart of the North Dallas Park Central Business District.

HotStats Global Hotel Industry Outlook Reveals U.S. Only Region to Not Return to Profitability
Hoteliers outside the U.S. have cause for muffled celebration: Europe, Asia-Pacific and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August. The U.S. now becomes the only region that has yet to turn a positive month of profit since the COVID-19 pandemic took hold. Meanwhile, China is showing a true V-shaped recovery in profit, having matched December 2019 GOPPAR in August.

August 2020 America Monthly GDP Rises 10.4%
Today’s preliminary (second) monthly estimate of real gross domestic product, monthly˗GDP™, visualizes $51 billion more GDP in August, formed on refreshed, complete and revised source data, than were available for the flash August estimate released earlier this month.

Lodging Partners is a specialized hotel brokerage and advisory firm focused on the sale of select service hospitality investment properties on behalf of institutional and private investors throughout the United States. The firm offers a range of hotel real estate services, including brokerage, valuation consulting, and strategic acquisition planning.

Lodging Partners is client driven and offers partner-level involvement on all assignments. Our knowledge and experience in franchising, development, feasibility, management, banking and brokerage ensures value-added results. We use our top level network of hotel and lending industry contacts plus our proprietary technology to optimize solutions to all levels of hospitality industry participants.

Our clients range from one hotel owner-operators to international hotel chains. Whether we are selling our client's only hotel or assisting a public company with a multi-faceted acquisition plan, our commitment is the same - we deliver value-added solutions by providing a senior-level, hands-on approach to each client and every engagement.