Business & Finance

Holiday Inn Express Easton Maryland Sale Arranged by MBA Hotel Brokers

GLENWOOD, MD. July 19, 2017 – MBA Hotel Brokers, Inc. announces the successful sale of the 73 unit, 4-story Holiday Inn Express in Easton Maryland.

The sale was completed through a “pocket listing” by John J. Downes, Associate Broker with MBA Hotel Brokers, Inc. Mr. Downes had a prior relationship with the seller and was able to bring a buyer to the seller via a one on one transaction.

Mr. Downes knew several potential buyers with interest in purchasing additional hotels on the Maryland Eastern Shore and was able to bring a buyer with interest in purchasing additional hotels on the Maryland Eastern Shore.

The buyer owns two other hotels on the Eastern Shore of Maryland, including another Holiday Inn Express. The new owners plan on a complete renovation of the Holiday Inn Express to conform with the ‘Formula Blue’ design concept.

MBA Hotel Brokers Inc. has been advising on hotel transactions for over 20 years. MBA Hotel Brokers has a corporate office headquartered in Maryland and five additional branch locations. MBA Hotel Brokers Inc. has closed hundreds of hotel sales, in 26 states throughout the USA. For more information, contact Charlie Fritsch at Charlie@mbahotels.com or John Downes at John@mbahotels.com or go to www.mbahotels.com.

Coming Up In The November Online Hotel Business Review




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Feature Focus
Architecture & Design: Authentic, Interactive and Immersive
If there is one dominant trend in the field of hotel architecture and design, it’s that travelers are demanding authentic, immersive and interactive experiences. This is especially true for Millennials but Baby Boomers are seeking out meaningful experiences as well. As a result, the development of immersive travel experiences - winery resorts, culinary resorts, resorts geared toward specific sports enthusiasts - will continue to expand. Another kind of immersive experience is an urban resort – one that provides all the elements you'd expect in a luxury resort, but urbanized. The urban resort hotel is designed as a staging area where the city itself provides all the amenities, and the hotel functions as a kind of sophisticated concierge service. Another trend is a re-thinking of the hotel lobby, which has evolved into an active social hub with flexible spaces for work and play, featuring cafe?s, bars, libraries, computer stations, game rooms, and more. The goal is to make this area as interactive as possible and to bring people together, making the space less of a traditional hotel lobby and more of a contemporary gathering place. This emphasis on the lobby has also had an associated effect on the size of hotel rooms – they are getting smaller. Since most activities are designed to take place in the lobby, there is less time spent in rooms which justifies their smaller design. Finally, the wellness and ecology movements are also having a major impact on design. The industry is actively adopting standards so that new structures are not only environmentally sustainable, but also promote optimum health and well- being for the travelers who will inhabit them. These are a few of the current trends in the fields of hotel architecture and design that will be examined in the November issue of the Hotel Business Review.