Holiday Inn Express & Suites Wichita Airport Sold
Thursday June 20th, 2013 - 10:02AM EB
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WICHITA, KS—Hunter Hotel Advisors recently announced that it closed on the sale of the five-year-old, 84-room Holiday Inn Express & Suites Wichita Airport.
Hunter represented TNJ Group as the seller, and arranged the sale of the asset to KAJ Hospitality, which also owns two other IHG properties in the local market. “This is a strong performing asset that is positioned to reap the benefits of the strengthening Wichita economy,” said Marilyn Cox, VP of Hunter Hotel Advisors.
Brown Kessler, VP of Hunter Hotel Advisors, and Cox handled the transaction for Hunter.
The Holiday Inn Express & Suites Wichita Airport is located north of Wichita Mid-Continent International Airport on West Kellogg Ave. and west of Interstate 235 and downtown Wichita. It is situated near numerous companies in the aviation sector and near several regional attractions, including Botanica Gardens, Town West Mall, Museum of World Treasures and Exploration Place.
Tags: • Hospitality • Brands • Acquisitions •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.