03 Case Studies

Courtyard Savannah Downtown Historic District

Assignment Overview

RobertDouglas advised Ashford Hospitality Trust on the sale of the Courtyard Savannah to Peachtree Hotel Group. The Hotel’s location in the Historic District, superior construction, and operational upside created substantial investor interest that ultimately led to the most optimal outcome for the Seller.

Property Background

Located in the heart of Savannah’s Historic District, the custom-built Courtyard Savannah is ideally-situated amongst the area’s leisure, group, and corporate demand drivers. The Property is also within walking distance of Savannah’s most famous landmarks and local attractions, including the Historic River Street, City Market, Savannah History Museum, and Savannah College of Arts & Design (SCAD).

Deal Highlights

Client (Seller):
Buyer:
Sale Proceeds:
Key Count:

 

Ashford Hospitality Trust
Peachtree Hotel Group
$29.75 million
156

Next Case Study

Dr. Wilkinson's Hot Springs Resort