Pinnacle Hotel Management Sells Fairfield Inn in Fort Myers, FL
Friday July 18th, 2014 - 9:14AM F
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FORT MYERS, FL—Pinnacle Hotel Management has sold the 104-room Fairfield Inn by Marriott here to Conor Acquisitions, a real estate investment company based here. Hunter Hotel Advisors represented Pinnacle in the transaction.
Conor Acquisitions is planning to fully renovate the 16-year old property to create significant value-added improvements that meet the brand's new standards.
"There was a lot of interest in this hotel because the Fort Myers market has seen steady RevPAR growth over the last year," stated David Perrin, VP, Hunter Hotel Advisors.
Tags: Pinnacle • Fairfield Inn • Hunter • Hospitality • Brokers •
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