Category: Press

For immediate release
[Packwood, Washington – 9/22/2022]

Crystal Investment Property Brokers the Sale of Packwood Lodge

Representing the Seller of this Updated Property with Leased Restaurant

Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the Packwood Lodge in Packwood, Washington. CIP, a licensed Washington brokerage, represented the Seller in the sale. Joseph P. Kennedy, President of CIP, and the CIP Team worked closely with the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.

Packwood Lodge is an independent, 30 key, select-service hotel with a leased restaurant. The property includes extensive capital improvements, 21 updated guest rooms or suites, and 9 detached cabins. In addition, the property features a lobby with a breakfast area, office, laundry room, Owner’s Quarters, and a hotel adjacent leased restaurant. Rooms and suites include flatscreen TVs, mini-fridges, microwaves, coffee makers, and high-speed wireless internet. Cabins, completed in 2019, feature a kitchenette, dining area, jacuzzi tub, bathroom with shower, and outdoor decking. Just 2.5 hours from Portland and Seattle metropolitan areas, the hotel is 4 miles from the Mt. Rainier National Park entrance, attracting visitors year-round.

Joseph P. Kennedy, President of CIP, said, “Long-term relationships with both the Seller and Buyer enabled CIP to put together a transaction swiftly upon taking the property on the market. This sale is an excellent example of how our connections lead to a successful closing for our clients. The Seller is pleased to continue to downsize their portfolio while the Buyer has been able to diversify their extensive regional holdings into a new market.”

About Crystal Investment Property, LLC

Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core hospitality asset acquisition/disposition services are supported by innovative and creative solutions to maintain its position as the region’s most active and successful hotel broker. Crystal Investment Property represents the full spectrum of hospitality real estate owners. Their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, development projects, and leasehold transactions. Visit Crystal Investment Property online at crystalip.com.

About Hotel Brokers International

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.

 Contact:

Teri G. Beck, Marketing Director

Crystal Investment Property, LLC
Portland, Oregon
503.530.1316
marketing@crystalip.com

Glenda J. Webb, Executive Director

Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com

For immediate release

Crystal Investment Property Brokers the Sale of Wingate by Wyndham Great Falls

Representing the Seller of this Recently Updated Franchise Hotel in the Heart of Montana

Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the Wingate by Wyndham Great Falls in Great Falls, Montana. CIP, a licensed Montana brokerage, represented the Seller in the sale. Michelle Kennedy, Principal/Designated Broker, and the CIP Team worked closely with the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.

Wingate by Wyndham Great Falls, Montana, is a 62-key, select service franchised midscale hotel with interior corridors. The property features a front lobby, lounge area, spacious breakfast area, business center, convenience store/sundries mart, guest laundry, and a heated indoor pool. The hotel is ideally situated with highway visibility with excellent proximity to historic downtown, museums, restaurants, and the international airport.

Guest room mix includes a selection of Queen Single, Queen Double, King Single, and King Deluxe. In addition, King Single ADA and King Deluxe ADA (Mobility Accessible) rooms are available. Guest amenities include non-smoking guest rooms, free WiFi, a flat-screen TV with premium movie channels, a desk, coffee maker, hairdryer, iron, and ironing board.

Great Falls Montana is located on the Missouri River in the heart of Montana. The city provides a base camp for outdoor adventures, arts, culture, shopping, and more.

Michelle Kennedy, Principal/Designated Broker, said, “The Great Falls, Montana hospitality market offered an opportunity for Buyers looking to get into a recently updated turn-key property with excellent brand name recognition. With multiple offers generated during CIP’s competitive process, we were able to maximize the property’s value successfully. We look forward to the continued success of both the Buyer and the Seller of this property.”

About Crystal Investment Property, LLC

Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core hospitality asset acquisition/disposition services are supported by innovative and creative solutions to maintain its position as the region’s most active and successful hotel broker. Crystal Investment Property represents the full spectrum of hospitality real estate owners. Their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, development projects, and leasehold transactions. Visit Crystal Investment Property online at crystalip.com.

About Hotel Brokers International

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.

Contact:
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Portland, Oregon
503.530.1316
marketing@crystalip.com

Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com

For immediate release

Crystal Investment Property Facilitates the Sale of La Quinta Inn by Wyndham Missoula

Representing the Seller of this Midscale Franchise Hotel Near International Airport

Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of the La Quinta Inn by Wyndham Missoula in Missoula, Montana. CIP, a licensed Montana brokerage, represented the Seller in the sale. Michelle Kennedy, Principal/Designated Broker, and the CIP Team worked closely with the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.

The La Quinta Inn Missoula is an 80 key, midscale, interior corridor, select-service, franchised hotel. The hotel features a spacious lobby, business center, fitness center, indoor pool, and hot tub. The property includes a meeting room/event space that accommodates up to 25 guests. Near Downtown Missoula, this hotel is close to shopping and dining. In addition, the hotel has trusted brand recognition, airport proximity, excellent highway visibility, and easy access.

Michelle Kennedy, Principal/Designated Broker, said, “Missoula is a peak market with substantial interest from Buyers. With multiple offers generated by CIPs marketing outreach, the Sellers were pleased to secure a full-price sale. As a result, the Sellers can redeploy capital, and the Buyer will complete a PIP refresh while looking to the region’s future for strong upside.”

About Crystal Investment Property, LLC

Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core hospitality asset acquisition/disposition services are supported by innovative and creative solutions to maintain its position as the region’s most active and successful hotel broker. Crystal Investment Property represents the full spectrum of hospitality real estate owners. Their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, development projects, and leasehold transactions. Visit Crystal Investment Property online at crystalip.com.

About Hotel Brokers International

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.

 Contact:
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Portland, Oregon
503.530.1316
marketing@crystalip.com

Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com

For immediate release

Crystal Investment Property Brokers Four-Property Hospitality Portfolio Sale

Representing the Seller of this Confidential Hotels Near Mt. Rainier National Park in Washington

Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of this confidential four-hotel portfolio. The portfolio includes Cowlitz River Lodge and Crest Trail Lodge in Packwood, Washington, Mill Village Motel in Eatonville, Washington, and Nisqually Lodge in Ashford, Washington.

CIP, a licensed Washington brokerage, represented the Seller in the sale. Joseph P. Kennedy, President of CIP, and the CIP Team worked closely with the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.

All four properties in the portfolio are independent, midscale hotels, each with 25-32 keys. Cowlitz River Lodge, Nisqually Lodge, and Crest Trail Lodge feature large lounges, stonework fireplaces, and unpretentious guest amenities throughout the properties. Mill Village Motel is the only exterior corridor property and includes a business center, guest library, and meeting/event space for guests.

Located in the foothills of Mt. Rainier, they draw from both the Seattle and Tacoma metro areas. Proximity to Mt. Rainier, White Pass Ski Resort, Mt. Saint Helens, and Packwood Lake make these properties a year-round adventure destination.

Joseph Kennedy, President of CIP, said, “With a strict requirement for confidentiality, this portfolio sale needed to be presented selectively to the optimal investors for this collection of properties. CIP worked with long-term clients to identify this as the perfect opportunity for them to move into a new area in a big way. As a result, the Sellers can step back while knowing the Buyer will build on their legacy, seamlessly stepping into the operations moving forward.”

About Crystal Investment Property, LLC

Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core hospitality asset acquisition/disposition services are supported by innovative and creative solutions to maintain its position as the region’s most active and successful hotel broker. Crystal Investment Property represents the full spectrum of hospitality real estate owners. Their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, development projects, and leasehold transactions. Visit Crystal Investment Property online at crystalip.com.

About Hotel Brokers International

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.

Contact:
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Portland, Oregon
503.530.1316
marketing@crystalip.com

Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com

For immediate release

Just Sold: Holiday Inn Express & Suites Little River/North Myrtle Beach

Lodging Partners, LLC is pleased to announce it has arranged the sale of the Holiday Inn Express & Suites – Little River / North Myrtle Beach. The waterfront Hotel has impressive operating performance with strong cash flows and is in excellent condition following a major $1.65m renovation. The Hotel has an excellent location with spectacular water views and is easily accessible to all major demand generators in the area.

Lodging Partners exclusively represented the Seller on this transaction. This sale is the 21st Hotel deal that Lodging Partners has been involved with in the Myrtle Beach market and the third hotel transaction arranged for the Seller.
Other recent sales completed by Lodging Partners in the 2nd quarter include the sale of the Holiday Inn Express & Suites in Asheboro, NC, the Hampton Inn in Laurinburg, NC, and two other independent hotels in the Charlotte region. Lodging Partners continues to see high levels of interest from Buyers seeking hospitality investments in all sizes, areas, and price ranges throughout the Carolina region.
About Lodging Partners, LLC
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. Lodging Partners has had an advisory role on over $570 Million in recent hotel transactions across most major hotel brands, including: Marriott, IHG, Best Western, Choice Hotels, Wyndham, and Radisson Hotel Group. The firm offers a wide range of hotel real estate services with an unwavering commitment to client service. Lodging Partners may be accessed online at www.lodging-partners.com.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 11,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. HBI is the founder and administrator of the Certified Hotel Broker Program, the real estate industry’s only professional designation program for hotel brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI, HBI members and their hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.

Contact:

Ford C. Barton, Principal

Lodging Partners, LLC
Charlotte, North Carolina
704.341.8488 | ford@lodging-partners.com

Glenda J. Webb, Executive Director

Hotel Brokers International
Kansas City, Missouri
816.505.4315 | gwebb@hbihotels.com

For immediate release
[Louisville, Kentucky – June 22, 2022]

Huff, Niehaus Closes Sale of the Comfort Suites Airport Louisville

Huff, Niehaus & Associates, Inc. is pleased to announce the successful sale of the Comfort Suites Airport Louisville in Louisville, Kentucky. Brandt Niehaus, President of Huff, Niehaus & Associates, Inc. was the Broker in the transaction. The 81-room hotel is located in close proximity to the Muhammad Ali International Airport. The airport market has historically been one of the stronger markets in the area. The asset was sold to a buyer with several Choice hotels who will use a third-party management company to operate this Comfort Suites.

Brandt Niehaus, President of Huff, Niehaus & Associates, Inc. based in Louisville, Kentucky, is a licensed broker in Alabama, Indiana, Kentucky, Massachusetts, Ohio, and Tennessee. He earned the coveted Broker of the Year award in 2018, 2017 and 2014 and is a thirteen-time recipient of Top Regional Broker recognition. Since 1975, Huff, Niehaus & Associates has evolved into a full-service real estate firm providing many services exclusively to the hospitality industry and lenders, including brokerage services, Broker’s Opinions of Value, expert witness testimony and development consultation. Huff, Niehaus can be found online at www.huffniehaus.com.

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 11,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. HBI is the founder and administrator of the Certified Hotel Broker Program, the real estate industry’s only professional designation program for hotel brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.

– ### –

For more information contact:

Brandt Niehaus CHB, CCIM

Huff, Niehaus & Associates, Inc.
Louisville, Kentucky
502.254.7787
hotels@huffniehaus.com

Glenda J. Webb, Executive Director

Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com

For immediate release
[KANSAS CITY, Missouri – June 6, 2022]

Leisure Real Estate Advisors Joins HBI

Hotel Brokers International (HBI), the hospitality industry’s leading hotel real estate sales organization, is pleased to announce that Brent Jaynes, Managing Director and co-founding member of Leisure Real Estate Advisors, LLC has joined their professional network of highly experienced lodging investment specialists. Leisure Real Estate Advisors is a full-service hospitality real estate investment and consulting firm located in Lenexa, Kansas (metro-Kansas City). The firm’s investment advisors are licensed in eight states including: Arkansas, Colorado, Iowa, Kansas, Missouri, Nebraska, Oklahoma, and South Dakota and collectively, represents over $1.5 billion in transactions. Joining Mr. Jaynes in HBI membership are David Jones, Partner, and Nihar Patel, Senior Hospitality Advisor.

“We are pleased to add Leisure Real Estate Advisors to our network. Affiliation with HBI provides Mr. Jaynes and his colleagues increased market access, new opportunities with competitive advantages, privileged access to the network’s marketing platform, and industry education, training, and networking opportunities, said Ed Walsh, President of HBI. “HBI enjoys a long history of tapping the industry’s most experienced and knowledgeable brokers; Leisure Real Estate Advisors continues that standard while growing our presence in the Midwest,” continued Walsh.

Mr. Jaynes has more than 30 years of experience in investment real estate and hotel brokerage and has achieved CoStar Power Broker status in 2013, 2014, 2015, 2016, 2017, and 2018 and a Platinum Broker Award 2022 from CREXI. He is a member of the National Association of Realtors, Kansas Association of Realtors, Kansas City Regional Association of Realtors, CCIM Kansas City chapter, and KCRAR Commercial Investment division.

Leisure Real Estate Advisors is based in metro Kansas City and has a specialty concentration in the marketing and sale of hotels by providing exclusive representation to owners of hotel real estate. With over 110 years of collective hospitality experience, the company has become one of the premier hotel brokerage firms in the Midwest and the country and has been recognized by Hotel Business and Hotel Management magazines for its performance.

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI brokers have successfully negotiated more than 11,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. HBI is the founder and administrator of the Certified Hotel Broker Program, the real estate industry’s only professional designation program for hotel brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI, HBI members and their hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.

###

Contact:

Brent Jaynes, Managing Director

Leisure Real Estate Advisors, LLC
Lenexa, Kansas
913.499.4731 | bjaynes@leisurerealestate.com

Glenda J. Webb, Executive Director

Hotel Brokers International
Kansas City, Missouri
816.505.4315 | gwebb@hbihotels.com

For immediate release
[Laurinburg, North Carolina]

Lodging Partners announces sale of Hampton Inn, Laurinburg, North Carolina

Lodging Partners, LLC, a member of Hotel Brokers International, is pleased to announce it has arranged the sale of the Hampton Inn Laurinburg, North Carolina. The Hotel is well-located along a highly trafficked corridor of US-74 near major companies and numerous local attractions and serves as a midway point between Charlotte and Wilmington. The Hotel will remain in the Hampton System for 5 years and is well positioned to continue to benefit from the increased activity along the I-74 corridor.

We are very pleased to announce that the sale of this hotel exceeded $103,000 per room despite the challenges of a limited 5-year term to the Hampton flag. Our marketing process garnered significant attention from regional investors, and we continue to see strong investor interest in hotels throughout the Carolina region. There is a significant amount of capital in the market today actively chasing deals, and Lodging Partners is well positioned to maximize the value of our client’s hospitality assets, noted Ford Barton. Other recent sales in the region completed by Lodging Partners include a Hilton Garden Inn and Holiday Inn Express & Suites.

About Lodging Partners, LLC

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. Lodging Partners has had an advisory role on over $550 Million in recent hotel transactions across major hotel brands, including: Hilton, Marriott, IHG, Best Western, Choice Hotels, Wyndham, and Radisson Hotel Group. The firm offers a wide range of hotel real estate services with an unwavering commitment to client service. Lodging Partners may be accessed online at www.lodging-partners.com.

About Hotel Brokers International

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 11,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. HBI is the founder and administrator of the Certified Hotel Broker Program, the real estate industry’s only professional designation program for hotel brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI, HBI members and their hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.

###

Contact:

Ford C. Barton, Principal

Lodging Partners, LLC
Charlotte, North Carolina
704.341.8488 | ford@lodging-partners.com

Glenda J. Webb, Executive Director

Hotel Brokers International
Kansas City, Missouri
816.505.4315 | gwebb@hbihotels.com

For immediate release
[Carrollton, Kentucky – March 23, 2022]

Huff, Niehaus Closes Sale of Hotel and Vacant Land

Huff, Niehaus & Associates, Inc. is pleased to announce the successful sale of the Quality Inn and adjacent four acres of commercial use land located in Carrollton, Kentucky.  Brandt Niehaus, President of Huff, Niehaus & Associates, Inc., and member of Hotel Brokers International worked closely with the Seller and Buyer in this transaction.

The 62-room hotel is conveniently located off Interstate 71 midway between Louisville, Kentucky and Cincinnati, Ohio.  It was sold to an experienced hotel owner/operator group with other franchise hotels. The hotel will be refreshed to new Choice standards. “Due to the location of the asset, the hotel has significant upside potential remaining for the new owner through capital improvements and maintaining property operations. The commercial use land is ideal to build hotel, restaurant, office, etc.,” said Niehaus.

Brandt Niehaus, President of Huff, Niehaus & Associates, Inc. based in Louisville, KY, is a licensed broker in Alabama, Indiana, Kentucky, Massachusetts, Ohio, and Tennessee. He earned the coveted Broker of the Year award in 2018, 2017 and 2014 and is a thirteen-time recipient of Top Regional Broker recognition. Since 1975, Huff, Niehaus & Associates has evolved into a full-service real estate firm providing many services exclusively to the hospitality industry and lenders, including brokerage services, Broker’s Opinions of Value, expert witness testimony and development consultation. Huff, Niehaus can be found online at www.huffniehaus.com.

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker Program, the real estate industry’s only professional designation program for hotel brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.

– ### –

For more information contact:

Brandt Niehaus CHB, CCIM

Huff, Niehaus & Associates, Inc.
Louisville, Kentucky
502.254.7787
hotels@huffniehaus.com

Glenda J. Webb, Executive Director

Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com

For immediate release
[Kansas City, Missouri – March 14, 2022]

Hotel Brokers International Installs 2022-23 Board of Directors

Edward P. Walsh to serve as Board President 2022-23

Hotel Brokers International, the real estate industry’s oldest, most experienced network of hotel broker specialists, announced the installation of their 2022-23 Board of Directors. The HBI Board, comprised of seven officers/directors, was elected by the general membership during the organization’s 63^rd Annual Meeting held in late February.

The 2022-23 HBI Board of Directors, who began their Board term on March 14, consists of the following members:

• • Edward P. Walsh, CHB – Alpine Realty Capital, LLC, Ann Arbor, Michigan
  • Dan Emert – Prime Investment Properties, LLC, Steamboat Springs, Colorado
  • Ford C. Barton – Lodging Partners, LLC, Charlotte, North Carolina
  • Errol A. D’Souza – Laurel Real Estate Company, Galena, Ohio
  • Joseph P. Kennedy – Crystal Investment Property, LLC, Vancouver, Washington
  • Steele Blue – Scoggin Blue LLC, Las Cruces, New Mexico
  • Michelle Kennedy – Crystal Investment Property, LLC, Vancouver, Washington

The Board of Directors’ primary objectives for 2022 are expanding the organization’s Affiliate Membership Program and the marketing initiatives provided to HBI industry partners, enhancing the digital marketing tools available exclusively to HBI brokers, building upon the association’s reputation and market share through promotion of the value of professional investment advisory services in the hospitality industry.

Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.

# # #

Contact:

Glenda J. Webb

Executive Director
Hotel Brokers International
+1.816.505.4315
gwebb@hbihotels.com