who
will retain the Shoney's Inn
franchise. Vice president Tom Ives of Hotel Partners' Atlanta office
represented the seller in this transaction. Ives originally brokered
the sale of the hotel to Sholodge in 1994.
This full-service, highly-visible asset is located just north of Interstate 94 and Detroit Metropolitan Airport in Romulus, Michigan. This market is witnessing significant development and investment due to excellent locational attributes and exceptional transportation infrastructure.
About Hotel Partners International Chicago-headquartered Hotel Partners International is the world's premier hotel investment advisory firm. Services provided to the hospitality investment community include individual hotel and portfolio acquisition and disposition, debt and equity financing and asset management. Hotel Partners has offices in Atlanta, Boston, Chicago, Dallas, Hong Kong, Honolulu, London, Los Angeles, Miami, New York, Singapore and Tokyo.