Optimum Sells Days Hotel, Rochester, NY
ROCHESTER, NY, February 28, 2006. Optimum Hotel Brokerage announced today that the firm has closed on the sale of the 153-unit Days Hotel Rochester Airport in Rochester, New York. Joe McCann, president of Optimum Hotel Brokerage, represented the seller in the transaction. The full service hotel was purchased by a regional management company, who plans an extensive renovation and repositioning of the asset to a Quality Inn.
The hotel sits on more than 10-acres and features a restaurant and lounge, outdoor swimming pool and more than 3,000 square feet of meeting space. 'The Days Hotel Rochester is a well-located full service asset, highly visible and accessible to Interstate 390 and five minutes to Rochester International Airport' explained McCann. 'The hotel was underperforming in its competitive set, but its location and physical attributes presented the buyer with great investment potential through hands-on management, renovation, repositioning and harvesting the property's real estate value' he further elaborated. 'I was pleased to work with the buyer and seller to craft a win-win deal for both parties'
Elkins Park, Pennsylvania-based Optimum Hotel Brokerage is a full service hotel brokerage firm. The firm's sales within the past fourteen months include the 1,639-room Palmer House Hilton in Chicago, the 148-room Best Western in Lawton, Oklahoma, the 197-room Southbury Hilton in Southbury, Connecticut, the 161-unit Holiday Inn Express Waterbury in Waterbury, Connecticut, the 100-room Days Inn in Niantic, Connecticut, the 153-unit Days Hotel in Rochester, New York, the 304-room Crowne Plaza Meadowlands in Secaucus, New Jersey and the 350-room Crowne Plaza Hartford in Hartford, Connecticut. Optimum Hotel Brokerage expanded its operations and opened their Philadelphia headquarters office in November 2005.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
