1 Nov 2022

HUNTER HOTEL ADVISORS ARRANGES SALE OF MIAMI AREA HOLIDAY INN EXPRESS & SUITES

Hunter Hotel Advisors (“HUNTER”) is pleased to announce the sale of the Holiday Inn Express & Suites Kendall East in Miami. IRAS Group sold the 66-room property to Borluv Group for $8,825,000. Robert Taylor and Sophia Pittaluga of HUNTER’s Miami Office arranged the sale on behalf of IRAS Group. HUNTER continues to dominate this region having sold 29 properties in Florida worth more than $625 million year-to-date.

The Holiday Inn Express & Suites Kendall East Miami provides 66 guest rooms and suites to busy Kendall, Fla. With a location just 30 minutes from Miami International Airport, this all-suite hotel is attractive to leisure, family, and business travelers. In addition to amenities like free high-speed internet, an outdoor pool, and a well-equipped fitness center, guests enjoy easy access to Zoo Miami, the University of Miami, and the recently renovated Palms at Town & Country Mall. The appealing location and strong brand association helped The Holiday Inn Express & Suites Kendall East Miami outperform competition in occupancy, ADR, and RevPAR for the trailing twelve-month ending in June 2022.