PHC Hotel Advisors arranges sale of a two-property, 136-room hotel portfolio located in prime Arizona submarket
The sale includes a Quality Inn and EconoLodge in Winslow, Arizona
PHOENIX, AZ - May 02, 2022 – PHC Hotel Advisors, a national real estate brokerage firm specializing in the purchase and sale of hotel and lodging properties, announced the sale of a two-property, 136-room hotel portfolio located in the Winslow, Arizona submarket. The two hotel properties boast exceptional locations within their submarket, located right off the Interstate 40 corridor. The portfolio consists of a 72-room Quality Inn and a 64-room EconoLodge.
This most recent purchase demonstrates the investor’s latest move as part of a wider strategy in the Northern Arizona region, in which they plan to fully renovate both hotels, including the on-site bistro which will add a fresh new perspective on cuisine to the local and in-house guests.
“It’s no secret the Arizona market dynamics are far from what they used to be just a few short years ago, however, this area has proven to be remarkably recession-resistant. The portfolio’s prime location and value-add potential will allow for an incredible opportunity to reinvigorate a previously neglected submarket,” said Christopher Rapacz, Senior Associate at PHC Hotel Advisors.
Rapacz has been involved in several other notable, large-scale transactions in Q1 2022 with more in the pipeline. Learn more about PHC Hotel Advisors and our hotel brokerage experience.
About Pro Hospitality Group
Pro Hospitality Group (PHG), focused exclusively on the hotel and lodging industry, offers a suite of services specializing in hotel brokerage, investment and ownership, advisory and receivership services, and hotel financing. PHG was established in 2015 by CEO, Alexandre Rizk, a 17-year veteran of the industry, and currently has an office in the heart of downtown Phoenix, Arizona.