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HOS Management acquires Residence Inn Savannah Midtown, GA

Hunter Hotel Advisors facilitated the property transaction

HOS Management acquires Residence Inn Savannah Midtown, GA

HOS Management, led by President Kris Patel, recently acquired Residence Inn Savannah Midtown in Georgia. The 66-key hotel is near City Market, Oglethorpe Mall, Candler Hospital, historic downtown Savannah, River Street, SCAD, and Memorial Health University Medical Center.

The property also provides easy access to the beaches of Tybee Island, St. Simons, and Jekyll Island.


“We had a great experience working with Hunter Hotel Advisors, especially Mayank Patel and his team, on this acquisition,” said Patel. “The Residence Inn Savannah Midtown is the perfect Marriott addition to our portfolio.”

HOS Management, based in Savannah, Georgia, is a family-operated hotel development and management company with properties under brands like Marriott International, Hilton, IHG Hotels and Resorts, and Wyndham. Founded by brothers Anil and Kirit Patel, the company began with the acquisition of the Benton Motel, their first independent motel, in 1985.

Hunter Hotel Advisors, with Mayank Patel, senior vice president, representing the institutional seller, facilitated the hotel sale.

Baron Hospitality, led by President Sanjay Patel, recently acquired the Hampton Inn Birmingham/Mountain Brook in Birmingham, Alabama. This deal was also facilitated by Hunter Hotel Advisors.

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U.S. Hotel Construction Drops to 40-Quarter Low: CoStar

CoStar: U.S. hotel construction hits 40-quarter low

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  • U.S. hotel rooms under construction fell year over year for the ninth month, CoStar reported.
  • About 137,956 rooms were under construction in September, down 12.3 percent from 2024.
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U.S. HOTEL ROOMS under construction fell year over year for the ninth consecutive month in September, reaching the lowest level in 40 quarters, according to CoStar. Still, more rooms are under construction now than after the Great Recession.

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