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Shriv Shakti acquires Comfort Inn in Evansville, IN

The company will maintain the Choice Hotels affiliation and plans improvements

Comfort Inn East Evansville exterior after Shriv Shakti Hospitality acquisition in 2025

Shriv Shakti Hospitality acquired the three-story, 111-key Comfort Inn East Evansville in Evansville, Indiana, from Priyansu Hotels for under $50,000 per room.

Shriv Shakti Hospitality Secures Comfort Inn East Evansville in Major Deal

SHRIV SHAKTI HOSPITALITY recently acquired the three-storey 111-key Comfort Inn East Evansville in Evansville, Indiana, from Priyansu Hotels for under $50,000 per room. Brandt Niehaus, president of Huff, Niehaus & Associates Inc. and a member of Hotel Brokers International, brokered the transaction.

The new owner will maintain the Choice Hotels affiliation and plans improvements for the property, Huff, Niehaus & Associates said in a statement. Evansville, Indiana’s third-largest city, is the economic hub of a 24-county region and a trade center for parts of Indiana, Illinois and Kentucky.


Vrindavan LLC recently acquired the 48-room SureStay by Best Western Bardstown General Nelson in Bardstown, Kentucky, from Dhamdhani LLC, in a deal brokered by Huff, Niehaus & Associates.

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Noble adds 35-property Sonesta Simply Suites to portfolio
Photo credit: Noble Investment Group

Noble adds 35 Sonesta Simply Suites

Summary:

  • Noble acquired a 35-property Sonesta Simply Suites portfolio.
  • The hotels are concentrated in Sunbelt and corporate-demand corridors.
  • It deployed capital into 100+ assets across 62 markets last year.

NOBLE INVESTMENT GROUP acquired a 35-property Sonesta Simply Suites portfolio with more than 4,000 rooms, expanding the firm's branded long-term accommodations platform. Terms were not disclosed.

The hotels are concentrated in Sunbelt and corporate-demand corridors, Noble said in a statement. The acquisition is immediately accretive, supported by current occupancy, stable cash flow and a basis below replacement cost.

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