Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Hotel Source sells Days Inn in Eagle River


Published on

Hotel Source recently sold a Days Inn in Eagle River, Wisconsin

Published in: Real Estate, Business
  • Be the first to comment

  • Be the first to like this

Hotel Source sells Days Inn in Eagle River

  1. 1. for immediate relea se Hotel Source Sells Days Inn - Eagle River, Wisconsin53 West Jackson Boulevard CHICAGO - June 22, 2011 — Hotel Source, Inc. completed the sale of the 92-roomSuite 1032 Days Inn - Eagle River, WI. This limited-service hotel was purchased by a private operatorChicago, Illinois 60604p 312 362 0624 from the original owner and developer. Seth Glickman and Steve Marx of Hotel Source, Inc.f 312 362 0628 handled the The hotel was sold at a 2.6 Room Revenue Multiplier and was achieving approximately 31% occupancy and $74.29 ADR at the time of sale. Originally built in 1989, a 31-room addition was added in 1995. This 5-Sunburst and Chairman’s Award winning property is easily accessed by US Highway 45, and contains an indoor swimming pool, hot tub and sauna. Hotel Source, Inc. is a hotel real estate brokerage and advisory services firm that leverages its transactional expertise and experience as a hotel owner and receiver to create responsive solutions to the challenges of buying, owning and selling hotels. For further information, contact Seth Glickman or Steve Marx at 312 362 0624.