ATLANTA, Georgia—Hunter Hotel Advisors introduced the sale of the 91-room Homewood Suites by Hilton Columbus in Columbus, Georgia. The property was offered by Satori Collective to RAM Motels in a transaction led by Mayank Patel, senior vp, and Kami Burnette, senior vp, at Hunter Lodge Advisors.
In-built 2008, the four-story, all-suite lodge affords extended-stay lodging, with full kitchens and devoted zones for working, stress-free, consuming and sleeping. The property supplies a number of facilities, together with complimentary breakfast, 943 sq. ft of assembly area, a enterprise heart, an out of doors pool and a 24/7 health heart, along with shut entry to all kinds of eating choices.
“We’re grateful for the chance to develop our presence right here in Columbus, the group the place RAM Motels was based and the place our residence workplace nonetheless operates at this time,” mentioned Rinkesh Patel, president at RAM Motels. “With a number of resorts already available in the market, the Homewood Suites is a pure and strategic addition to our portfolio. We stay up for investing within the property, supporting our group members, and thoughtfully enhancing the visitor expertise. Our honest because of Hunter Lodge Advisors for his or her partnership and professionalism all through this transaction.”
Positioned with direct entry to US-80 and I-185, the Homewood Suites is positioned in shut proximity to main company and institutional drivers, together with the 65,000-square-foot TSYS North Information Heart, Columbus Metropolitan Airport, Aflac Headquarters and the 180,000-square-foot Columbus Georgia Conference & Commerce Heart.
“Homewood Suites Columbus is extraordinarily well-positioned to seize demand from Columbus’ broad base of financial and institutional drivers, and we’re seeing that mirrored in its sturdy RevPAR efficiency inside its aggressive set,” mentioned Mayank Patel, senior vp at Hunter Lodge Advisors.
“With no new lodge provide deliberate inside a 10-mile radius and continued funding throughout key industries, future possession will have the ability to capitalize on a steady market backdrop whereas implementing a refreshed administration technique to boost effectivity and unlock operational upside,” added Kami Burnette, senior vp at Hunter Lodge Advisors.
