350-room Holiday Inn Select For Sale in North Dallas
Offered Exclusively by Colliers International at $6,500,000 $18,570 Per Key
January 12, 2012 - This offering represents an exceptional opportunity to acquire a full service asset at a significant discount to replacement cost in one of the nation's top markets. The Hotel features 350 guestrooms, a full-service restaurant and lobby lounge, over 14,000 SF of function space, indoor/outdoor heated pool, fitness facility, business center and gift shop. The Property is being offered unencumbered by management and a buyer can either apply for conversion to a full service Holiday Inn, which will require a PIP to meet current brand standards consistent with the Holiday Inn Re-launch Program or rebrand as desired. The Select designation is discontinued.
Centrally located in the Dallas-Fort Worth Metroplex in the northeast quadrant of I-35 and I-635, the hotel offers convenient access to DFW International Airport, Love Field, and the corporate centers in the Galleria area, Las Colinas, and North Dallas.
About Colliers International Hotels
Colliers International Hotels (“CIH”) is an international real estate investment advisory company, specializing in the lodging industry. Colliers International Hotels is a division of Colliers International (Nasdaq:FSRV) the third largest commercial real estate services firm in the world operating in 480 offices in 61 countries. Formed in 1985 to work alongside owners and investors in all aspects of managing operations, ownership and financing of investment portfolios, our knowledge and experience extends across all hotel and resort asset classes and markets. In the United States, CIH utilizes the expertise of its sister firms, PKF Consulting and PKF Hospitality Research, to provide current market data and accurate industry operating results, enabling us to access the entire spectrum of the industry, and deliver the highest quality documentation and solid results. For more information please visit www.colliers.com.
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 
