Announced
Financials
Tags
United States
Hotels and Motels
Domestic
Acquisition
Real Estate
Single Bidder
hotel management
Pending
Majority
Friendly
Private
Synopsis
EOS Investors, a privately held real estate investment firm, agreed to acquire Ocean Suites Bethany Beach, Residence Inn and Holiday Inn Express Bethany Beach, two hotels in the Mid-Atlantic region. Financial terms were not disclosed. "EOS is excited to welcome two additional drive-to leisure properties to the portfolio while expanding its footprint in the Delaware beaches. These two assets continue our strategic approach of identifying unique assets in high barrier-to-entry markets with attractive long-term demand growth," Tom Burns, EOS Managing Director.
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