Paramount Lodging Advisors closes sale of two Holland, Michigan Hilton hotels

By AI, Created 10:04 AM UTC, May 20, 2026, /AGP/ – Paramount Lodging Advisors said it closed the sale of the Home2 Suites by Hilton and Tru by Hilton in Holland, Michigan, a 207-key portfolio of institutionally owned, third-party managed select-service hotels. The off-market deal underscores continued buyer demand for premium-branded Midwest assets with leisure and corporate demand.

Why it matters: - The sale adds to evidence that investors are still targeting premium-branded select-service hotels in established Midwest markets. - The two-Hilton portfolio in Holland had diversified demand drivers from both leisure and corporate travel. - The transaction was completed with pricing and execution certainty, which can matter for sellers in a competitive hotel market.

What happened: - Paramount Lodging Advisors closed the sale of the Home2 Suites by Hilton and Tru by Hilton in Holland, Michigan. - The two hotels totaled 207 keys and were sold on behalf of the same owner. - Both assets were institutionally owned and third-party managed at the time of sale. - Andrew Makhlouf and Mike Schlictman, principals at Paramount Lodging Advisors, led the transaction.

The details: - Paramount Lodging Advisors ran a confidential, off-market sale process. - The firm said the process delivered pricing and execution certainty. - The buyer pool was described as deep and active. - The assets were positioned as premium-branded, select-service hotels in an established Midwest market. - Paramount Lodging Advisors is a national hotel brokerage and advisory firm focused on hospitality asset sales, debt and equity placement, and value-enhancement strategies. - More information is available in the company’s announcement.

Between the lines: - The off-market structure suggests the seller prioritized discretion and deal certainty over broad public exposure. - The transaction points to continued liquidity for well-located, branded select-service hotels even as broader hotel capital markets remain selective. - Strong interest in assets with multiple demand sources can help support pricing in secondary Midwest markets.

What’s next: - Paramount Lodging Advisors will likely continue pursuing similar transactions in the select-service hotel segment. - Investor demand for institutionally owned, branded hotels in stable markets may stay active if financing conditions remain workable. - The deal could encourage other owners of comparable Midwest assets to test the market through confidential processes.