Crystal Investment Property LLC (CIP), a member of Hotel Brokers International, brokered the sale of The Landing Hotel, Restaurant & Pub in Ketchikan, AK.
CIP, a licensed Washington brokerage, represented the seller in the sale in cooperation with Mary Wanzer, a licensed Alaska broker. Joseph P. Kennedy, president, CIP, and the CIP team worked closely with the buyer, seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
The property is a 107-key, full-service, independent, midscale hotel is highly visible in the central business district. In addition, the hotel is near the Ketchikan International Airport, the Airport Ferry and the main Ketchikan Ferry Terminal. The hotel features flexible meeting/wedding and event space with event planning and catering available on-site and off-site for local events. It has two dining options, The Landing Restaurant and Jeremiah’s Pub. Guest amenities include a lounge area, fireplace, business center, fitness center, restaurant, pub and courtesy shuttle service.
“We are pleased to announce the successful sale of The Landing Hotel,” said Kennedy. “We extend our heartfelt gratitude to both the buyer and the seller for their collaboration and commitment throughout this process. This achievement marks a new chapter for The Landing Hotel, and we look forward to seeing its continued success under new ownership.”
The post Crystal Investment Property brokers sale of The Landing Hotel appeared first on hotelbusiness.com.
Appeared first on: hotelbusiness.com
Sydney Heritage Hotel, Hotel Woolstore 1888, Completes Transition to Accor's Handwritten Collection
The historic Hotel Woolstore 1888 Sydney & Handwritten Collection has officially completed its transition in joining Accor’s global portfolio of boutique hotels within Handwritten Collection, following its purchase by the hotel’s new owners, Shakespeare Property Group. Appeared first on: hotelnewsresource.com … [Read More...]
Accor Introduces Handwritten Collection Brand to Saudi Arabia.
Scheduled to debut in 2027, the Handwritten Collection Al Baha will be situated on the outskirts of Al Baha City, in a stunning mountainous landscape overlooking the Red Sea coast. Appeared first on: hotelnewsresource.com … [Read More...]
Grand Mercure Dubai Downtown Hotel Announced
Accor announced the signing of Grand Mercure Dubai Downtown, the latest addition to its portfolio of premium hotels in partnership with Gulf Hotels Group. The signing ceremony was held during the Future Hospitality Summit on 1st October in Dubai. Appeared first on: hotelnewsresource.com … [Read More...]
Grand Mercure Wuhan International Expo Center Opens in China
An Additional Six Grand Mercure Hotels set to Open in Greater China Before end Of 2024 Appeared first on: hotelnewsresource.com … [Read More...]
Dual&Branded AC Hotel and Moxy Hotel Breaks Ground in Dallas
The hotel is expected to open in Summer 2026 Appeared first on: hotelnewsresource.com … [Read More...]