BPR Properties, led by Birju Patel as president, has sold its Home2 Suites by Hilton Savannah Airport in Pooler, Georgia. The deal was brokered by Hunter Hotel Advisors.
A large private equity group purchased the hotel to increase its select-service portfolio.
“The Home2 Suites Savannah Airport should provide the new owner continued strong performance in the market as the premium Hilton brand will be able to take advantage of its location along Interstate 95, proximate to strong corporate demand and just minutes from the Savannah/Hilton Head International Airport (SAV) and Downtown Savannah.” said Mayank Patel, senior vice president for Hunter Hotel Advisors.
“Mayank and Hunter have been strategic partners as we implement and execute our disposition strategy that will ultimately be accretive for our portfolio and future growth.” Birju Patel said.
In January, the 100-room extended-stay Home2 Suites by Hilton-Richmond in Richmond, Indiana, opened. It is owned by The Witness Group led by Sachin Patel, Sagar Patel and Aakash Patel as principals and executive leadership team.
It is managed by Hotel Equities of Atlanta.