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| Hampton Inn & Suites I-10 North hotel, Pensacola, FL |
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| Steve Leslie |
JLL represented the seller in completing
the transaction to the buyer, Omega Hotel Group.
The Hampton Inn & Suites I-10 North
was built in 2006 and is located at 7050 Plantation Road and totals 85 keys.
The
Property is strategically positioned near the junction of Interstates 10 and
110 and proximate to Pensacola International Airport, Port of Pensacola,
Pensacola Beach and the Naval Air Station.
The Florida Panhandle is continuously demonstrating positive market fundamentals, with drive-to leisure located hotels showing one of the fastest paces of industry recovery.
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| Gregory Rumpel |
The JLL Hotels & Hospitality team representing the seller was led by Vice President Steve Leslie and Senior Managing Director Gregory Rumpel.
“We experienced a
tremendous amount of interest on the sale of the Hampton Inn & Suites
Pensacola with a buyer pool that has even expanded from pre-Covid-19 levels
motivated by strong branding, improving RevPAR fundamentals and a revived focus
on drive-to-markets,” said Leslie.
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CONTACT:
Natalie
Passarelli
Public Relations
Jones Lang LaSalle Americas, Inc.
200 E. Randolph St.
Chicago, IL 60601
M +1 224 477 7307
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