Phoenix, Ariz. – Marquee Lodging Advisors announces the sale of the Baymont Inn & Suites of Flagstaff. Marquee Lodging Advisors facilitated the purchase on behalf of the buyer for $9,400,000.
Flagstaff is an extremely high barrier to entry market and hotels of this size rarely sell. Marquee worked diligently with the buyer and seller to complete a successful transaction. The buyer plans to renovate the property and continue to operate it.
Marquee Lodging Advisors is a hotel brokerage with offices in Scottsdale, Arizona, Las Vegas, Nevada, and San Francisco, California. If you are interested in selling or acquiring a hotel asset please contact one of the Marquee Professionals at 480-566-0077.