return to Latest Releases list >>

HotelBrokerOne sells Holiday Inn Express with future rebrand

Share This
Monday January 30, 2017
Dallas, TX – HotelBrokerOne recently sold a popular hotel located in Addison, TX, a part of the Dallas metroplex. The 102 room Holiday Inn Express, located just off of Beltline, sold to a Frisco, TX based investment group at an undisclosed price. HotelBrokerOne represented an Oklahoma City and Dallas based ownership group.

The Holiday Inn Express will retain the franchise until spring of 2017, when it will convert to another brand.  Significant improvements are planned in anticipation of the brand change and renovation will begin in the fall.  Renovation costs are believed to exceed two million dollars and will ensure that the hotel remains a competitive property for years to come.

“There was significant interest in the Express from buyers and investors all over the southern states and Texas," said Dallas Managing Director Joe Strain, ISHC of HotelBrokerOne. “The interest was certainly understandable; the hotel's performance has been off the charts in the last two years."

HotelBrokerOne is a national hotel brokerage firm with hotels for sale across the country.  More information about the company can be found at www.hotelbrokerone.com.  

Additional Photos:

<< start < prev View All Press Releases next > end >>

Additional Press Releases

12/6/2022 3:16:00 PM - Champion Hotels Closes Acquisition of 4-Hotel Portfolio in Oklahoma
6/3/2022 3:16:00 PM - HotelBrokerOne sells the Holiday Inn Express & Suites – Lewisville, Texas
9/25/2021 3:16:00 PM - HotelBrokerOne announces the passing of Bernard Levine, hotel pioneer
9/10/2021 3:16:00 PM - HotelBrokerOne announces addition of new Dallas broker, Bert Stevens
6/30/2021 3:16:00 PM - HotelBrokerOne Denver sells 460 Flatirons Blvd. land, Broomfield multifamily project soon underway
6/15/2021 3:16:00 PM - HotelBrokerOne sells Holiday Inn Express & Suites NW Oklahoma City
5/14/2021 3:16:00 PM - HotelBrokerOne sells Cobblestone Inn & Suites in Eaton, CO
5/14/2021 3:16:00 PM - HotelBrokerOne Sells Comfort Suites in NW Dallas