Paramount Lodging Advisors Sells Comfort Suites Perrysburg, OH

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Paramount Lodging Advisors is pleased to announce the sale of the Comfort Suites located at 27450 Helen Drive in Perrysburg, OH. The hotel was sold by The Forza Group to Perrysburg Hotels, LLC. This historically strong performing, 41-room upper midscale hotel opened in 2008 and benefits from its convenient location off of Interstate-75 and is within close proximity to the Ohio Turnpike and Downtown Toledo.

Comfort Suites Perrysburg, OH

Brent Clemens, Associate for Paramount Lodging Advisors, represented the seller in the transaction. “The new buyer plans to take advantage of Toledo’s improved lodging metrics as RevPAR is up approximately 10% year-over-year through September by the implementation of the Choice product improvement plan and by constructing additional rooms.”

Niles Patel of The Forza Group said, “the effort of Brent Clemens and his team was invaluable during the entire process and their efforts in facilitating this transaction exceeded expectations.”

About Paramount Lodging Advisors

Paramount Lodging Advisors is a hotel brokerage and advisory firm specializing in the asset management, debt and equity placement, and transaction of hospitality assets across the United States, Canada, & Europe. For more information about Paramount Lodging Advisors, and to see hotels currently on the market visit http://www.paramountlodging.com

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Anna Hargraves