Summary:
- RAM acquired the 91-room Homewood Suites in Columbus, Georgia, from Satori Collective.
- Hunter Hotel Advisors facilitated the transaction.
- Built in 2008, the hotel sits on a 3.47-acre site.
RAM HOTELS RECENTLY acquired the 91-room Homewood Suites by Hilton Columbus in Columbus, Georgia, from Satori Collective. Columbus-based RAM is led by President Rinkesh Patel.
The hotel, built in 2008, sits on a 3.47-acre site, Hunter Hotel Advisors, which facilitated the deal, said in a statement. The property is near US-80, I-185, TSYS North Data Center, Columbus Metropolitan Airport, Aflac headquarters and the Columbus Georgia Convention & Trade Center. It includes 943 square feet of meeting space, a business center, an outdoor pool and a fitness center.
“We’re grateful for the opportunity to expand in Columbus,” Patel of RAM said. “With several hotels already in the market, Homewood Suites is a strategic addition to our portfolio. We look forward to investing in the property and enhancing the guest experience. Our thanks to Hunter Hotel Advisors for their partnership.”
The transaction was arranged by Hunter’s senior vice presidents Mayank Patel and Kami Burnette.
Columbus’s economy is anchored by Fort Moore and the Maneuver Center of Excellence, along with major employers in fintech, aerospace, automotive, healthcare, manufacturing and education, Hunter said. The Greater Columbus region has more than 325,000 residents and a workforce of more than 140,000, supported by ongoing investment and diverse demand drivers.
“With no new hotel supply planned within a 10-mile radius and continued investment across key industries, future owners can capitalize on a stable market while implementing a management strategy to improve efficiency and performance,” Burnette said.
Mayank Patel said the hotel is positioned to capture local demand, as reflected in its strong RevPAR.
Milan Hotel Group recently acquired the 88-room SpringHill Suites and 78-room Courtyard by Marriott in Asheville, North Carolina, from an institutional seller. Hunter brokered the off-market transaction.
