23 MAY 2024

HUNTER HOTEL ADVISORS ANNOUNCES SALE OF WYNDHAM-BRANDED HOTELS

Hunter Hotel Advisors ("HUNTER") today announced the successful sale of the Microtel Inn & Suites Wheeling at Highlands and Microtel Inn & Suites St. Clairsville. Investment vehicles managed by Rialto Capital sold the two hotels to separate investors. HUNTER’s Robert Taylor, executive vice president, Sophia Pittaluga, senior vice president, and Chase Perry, senior associate, facilitated the sale on April 30, 2024.

Totaling 170 keys, the Microtel Inn & Suites Wheeling at Highlands and Microtel Inn & Suites St. Clairsville are conveniently placed along I-70 in the Wheeling MSA. The 20-mile distance between the hotels offers a dense market based on travel motivations spanning education, leisure, healthcare and corporate. Guests enjoy ease of access to downtown Wheeling, which is home to a prominent business presence, numerous shops and restaurants, as well as the Wheeling Island Casino and Racetrack, Wheeling Suspension Bridge and the Ohio River.