holiday inn convention center airport sarasota, fl

Transcription

holiday inn convention center airport sarasota, fl
HOLIDAY INN CONVENTION CENTER AIRPORT
SARASOTA, FL
Exclusive Representatives:
Tampa Office Tel: (813) 868-1880
Julian Mazili
Fax: (813) 856-4592
Chief Executive Officer
www.mazilihotelgroup.com
DISCLAIMER STATEMENT
This marketing package, prepared by Mazili Hotel Group, INC. is CONFIDENTIAL and intended exclusively as one of the many
elements in assisting the buyer in making the decision to continue discussions with the seller of the subject property.
Mazili Hotel Group is the exclusive representation of the attached marketing package and requests kindly that you do not directly
contact the management staff or employees of this property.
All inquiries pertaining to this property or the sale of this property should be directed to Mazili Hotel Group..
Mazili Hotel Group has been retained by the seller to promote the above mentioned property for the purpose of obtaining a qualified
buyer. All broker fees associated with the sale of this property are the responsibility of the seller unless otherwise noted in the
purchase agreement. It should be understood by the buyer that any advice, assistance or information provided to the buyer by Mazili
hotel group does not constitute in any way a contractual relationship of any kind between Mazili Hotel Group and the buyer.
Upon receipt of this package, potential buyer affirms that the package and the information contained herein are to be held in
complete confidentiality, and that originals or copies shall not be shared directly or indirectly with any other person or entity without
written consent of Mazili Hotel Group and/or the seller of the above mentioned property. Should the potential buyer decide against
further involvement in this transaction, he or she will return all received documents and any copies of received documents in
association with the above mentioned property and transaction immediately upon request.
The information and financial data and projections contained in the attached marketing package are strictly for informational
purposes and no guarantees of accuracy or entirety is being made by Mazili Hotel Group, the seller or their subsidiaries or partners,
and no responsibility or accountability shall be assumed by those mentioned. The above mentioned property is being presented and
sold on an “as is” basis without any implied or expressed warranties or guarantees whatsoever. Buyer is hereby advised to obtain
their own examination and research on the property before making any contractual offering.
All information contained herein is strictly for assistance and does not constitute a contract in any way, shape or form. This offering
is being made dependent on omissions, errors, and prior sale, change of terms or price or removal from the market without notice.
The seller reserves the right, at his or her sole discretion, to refuse any and all proposals or interest in the property and also to
terminate negotiations at any time without reason or prior notice.
INVESTMENT
SUMMARY
INVESTMENT SUMMARY
Investment Highlights
 Full Service, Upper Mid-Scale Hotel
 On Site Banquet Room with Meeting Space up to 2,400 square feet.
 Exceptional Location: Within walking distance of the Sarasota Bradenton International Airport.
 Minutes from the Sarasota Bradenton Conventional Center.
 Holiday Inn brand generates significant demand due to strong reputation and brand recognition.
INVESTMENT SUMMARY
Property Overview
The Holiday Inn Convention Center Airport is an interior
service, 6 story hotel centrally located in Sarasota County.
accessible from the entrance to the Sarasota Bradenton
Airport and is connected through a covered walkway to
Bradenton International Convention Center.
corridor, full
The hotel is
International
the Sarasota
The Sarasota Bradenton International Convention Center (SBICC) is
adjacent to the Sarasota Bradenton International Airport. With 5 fully
equipped conference rooms totaling approximately 130,000 square feet, the
SBICC is the perfect location to host trade shows, consumer shows,
concerts, conventions, and social gatherings. It also offers on site food and
beverage. Each year, the SBICC hosts between 48 and 52 events and
accommodates 50,000 to 75,000 people.
Featuring 135 first class guestrooms, the Holiday Inn is ideally suited for
business or leisure guests. Each guestroom offers two line telephones, data
ports, voice mail, complimentary high speed Internet access, coffee maker,
hair dryer, iron and ironing board, television, and a work desk with ample
lighting.
The hotel offers guestrooms, free parking, a large indoor swimming pool, a
sauna, a full service fitness center and business center. In addition, the
hotel offers a large, fully equipped banquet room of 1700 square feet and a
400 sq/ft boardroom. Equally important, the Holiday Inn features a food
and beverage outlet.
INVESTMENT SUMMARY
Investment Considerations
Asset
The Holiday Inn Conference Center Airport is opened in 2009. The property benefits
from its immediate proximity to the Airport and to the Convention Center to
realize strong financial performance. The Holiday Inn will is a full service hotel
serving the Sarasota Bradenton Airport area and the Sarasota Bradenton Convention
Center.
This asset will be a great addition to one‘s portfolio given the national brand
recognition and the potential business opportunity in the immediate market.
InterContinental Affiliation
InterContinental Hotels Group’s (IHG) seven major brands account for over 4,000
hotels with over 600,000 rooms globally. InterContinental Hotels Group is recognized
as around the world as a premier hotel company offering a broad spectrum of brands
that include the extended-stay brands Staybridge and Candlewood; the venerable
Holiday Inn moniker, its Holiday Inn Express, Holiday Inn Select and Holiday Inn
Sunspree offspring; the upscale Crown Plaza product; the groundbreaking economy
boutique Hotel Indigo concept; and the luxury InterContinental brand. IHG is one of
the largest franchisors of hotels, with over 80% of its portfolio operating as
franchisees.
Holiday Inn was one of the first hotel brands in the United States, with the first
Holiday Inn opening its doors in 1952. Its brand strength is responsible in one form or
another for the development and expansion of numerous other brands. At the end of
2005, the brand accounted for over 1,400 hotels over 267,000 hotel rooms.
PROPERTY
DESCRIPTION
PROPERTY DESCRIPTION
Location
The Holiday Inn Convention Center Airport is located in
Sarasota county. The hotel has the distinct advantage of being
located immediately west of the Sarasota Bradenton
International Airport and adjacent, to the south, of the
privately owned and operated Sarasota Bradenton International
Convention Center which is located on 20 acres on 15th Street
East north of its intersection with West University Parkway.
Holiday Inn Airport & Conference Center
Property Layout & Configuration
The Holiday Inn Convention Center Airport is a 6 story, 135 guestrooms,
interior corridor, full service hotel. The general shape of the hotel is
rectangular, with the front desk, executive offices, food and beverage
outlet, meeting room, and fitness center all located on the main floor. The
outdoor swimming pool is in a central courtyard. All of the guestrooms
are located on floors 2 through 6.
The second floor is accessible by a guest elevator and stairwells located at
various points throughout the building.
PROPERTY DESCRIPTION
Construction Features
Year Built
Land Area
Gross Building Area
Foundation
Structure
Façade/Superstructure
Wall Construction
Ceilings
Roof
Windows
Interior Flooring
Elevators
Key System
Fire Protection
Laundry
Parking
Utilities
2008
3 acres
90,00 square feet
The foundation system is reinforced poured-in-place
concrete slab on grade.
Concrete block and plank
Hard stucco
Concrete block and steel frame
Sprayed-on acoustical plaster on concrete
Flat roof. Polyurethane : 10 years warranty
Fixed double pane, glass panel, aluminum frame
Interior floors are surfaced with carpet in guestrooms,
and some public areas, ceramic flooring in lobby area,
and ceramic tile floor covering in guest bathrooms.
2 glass elevators : 2,500 lbs, 1 service elevator
Electronic system
Sprinklers and hardwired smoke detectors in
guestrooms and public areas.
3 washers and 3dryers
800 spaces
Utility
Provider
Electric
Florida Power Light
Gas
TECO Peoples Gas System
Water/Sewer Saraota County Utilities
PROPERTY DESCRIPTION
Guestrooms
The Holiday Inn Conference Center Airport is comprised of 134 guestrooms, on floor 2 through 6.
Guestroom Configuration
Room Type
King
Double/Double
Suites
Total
Guestrooms Plans
Guestroom Amenities
No. Unites
80
41
14
135
 Phone with Voicemail
 In-room movies (pay-per-view)
 Work Desk with Lamp
 High-speed Internet Access
 Hairdryer
 Iron/Ironing Board
 Coffeemaker
 Refrigeator
PROPERTY DESCRIPTION
Floor Plans
Hotel Services & Amenities
 Conference Center with Meeting Space up to 2,400
square feet
 On Site Fitness Center
 Outdoor Pool
 Business Center
 Concierge Service
2nd Floor Plan
1st Floor Plan
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION
FINANCIAL
SUMMARY
FINANCIAL SUMMARY
Pricing Summary
Pr ic e
Dow n Pa y m en t
Room s
Pr ic e/Room
2 0 1 5 A DR
2 0 1 5 Oc c u pa n c y
2 0 1 5 Rev Pa r
2 0 1 5 C A P Ra t e
2 0 1 5 Net Oper a t in g In c om e
2 0 1 5 RRM
Y ea r Bu ilt
Bu ildin g s
Floor s
$
$
$
$
$
$
1 6 ,5 00,000.00
5 ,7 7 5 ,000.00
135
1 2 2 ,2 2 2 .2 2
1 1 3 .00
7 0.00%
7 9 .1 0
7 .5 8 %
1 ,2 5 0,000.00
4 .2 3
2 008
1
6
FINANCIAL SUMMARY
Operating Performance
Month
January
February
March
April
May
June
July
August
September
October
November
December
Total
Room Revenue
2015
2016
$
302,827 $ 317,642
$
523,670 $ 556,713
$
564,347 $ 616,032
$
418,446 $ 456,192
$
274,787 $ 298,809
$
289,170 $ 312,012
$
252,732 $ 281,734
$
212,347 $ 243,902
$
187,961 $ 230,202
$
226,618 $ 259,470
$
267,138 $ 303,264
$
346,685 $ 365,602
$ 3,866,728 $ 4,241,573
2017
$
328,104
$
583,492
$
662,904
$
475,794
$
316,386
$
340,200
$
301,655
$
262,483
$
251,100
$
273,197
$
309,096
$
381,672
$ 4,486,082
$
$
$
$
$
$
$
$
$
$
$
$
$
2015
108
152
155
123
98
105
99
86
91
95
97
109
110
ADR
2016
$ 110
$ 158
$ 160
$ 128
$ 102
$ 107
$ 102
$
94
$
98
$ 100
$ 104
$ 112
$ 115
$
$
$
$
$
$
$
$
$
$
$
$
$
2017
112
162
165
132
105
112
106
98
100
102
106
114
118
2015
67%
88%
87%
84%
67%
68%
61%
59%
51%
57%
68%
76%
69%
OCC
2016
69%
90%
92%
88%
70%
72%
66%
62%
58%
62%
72%
78%
73%
2017
70%
92%
96%
89%
72%
75%
68%
64%
62%
64%
72%
80%
75%
2015
$
72
$ 134
$ 135
$ 103
$
66
$
71
$
60
$
51
$
46
$
54
$
66
$
83
$ 78.49
RevPAR
2016
$
76
$ 142
$ 147
$ 113
$
71
$
77
$
67
$
58
$
57
$
62
$
75
$
87
$ 86.09
2017
$
78
$ 149
$ 158
$ 117
$
76
$
84
$
72
$
63
$
62
$
65
$
76
$
91
$ 91.04
FINANCIAL SUMMARY
Operating Performance Charts
FINANCIAL SUMMARY
Pro Forma Profit & Loss Statement
ADR
RevPar
$
$
100.32
70.22
2014
Revenue
Rooms
Food and Beverage
Other revenue
Total Revenues
$
$
$
$
3,460,288
706,000
34,000
4,200,288
Cost of Sales
Room Expenses
Food & Beverage
$
$
Total Cost of Sales
$
$
Ratio
82.38%
16.81%
0.81%
100.00%
113.00
79.10
2015
$
$
$
$
3,897,653
667,000
16,000
4,580,653
761,512
708,678
18.13% $
16.87% $
$
1,470,190
Gross Operating Income
$
2,730,098
Undistributed Operating Expenses
Administrative & General
Marketing
Maintenance & Repair
Utilities
Franchise Fees
Management Fees
$
$
$
$
$
$
288,563
245,513
233,564
225,699
286,855
98,492
Total Undistributed Operating Expenses
$
Income before Fixed Charges
$
$
Ratio
85.09%
14.56%
0.35%
100.00%
115.00
83.95
2016
$
$
$
$
4,136,636
785,000
36,000
4,921,636
857,750
777,078
18.73% $
16.96% $
35.00% $
1,634,828
$
2,945,825
$
$
$
$
$
$
298,830
290,415
238,563
225,631
283,100
134,276
1,378,686
32.82% $
$
1,351,412
Fixed Charges
Property Insurance
Property Taxes
$
$
Total Fixed Charges
$
Net Operating Income
$
$
Ratio
84.05%
15.95%
0.73%
100.00%
118.00
88.50
2017
Ratio
$
$
$
$
4,360,838
788,500
38,000
5,187,338
84.07%
15.20%
0.73%
100.00%
889,456
802,457
18.07% $
16.30% $
890,151
895,645
17.16%
17.27%
35.69% $
1,691,913
34.38% $
1,785,796
34.43%
$
3,229,723
$
3,401,542
$
$
$
$
$
$
322,766
310,458
245,789
235,465
298,456
138,456
$
$
$
$
$
$
330,154
354,125
268,451
245,865
320,456
142,150
6.36%
6.83%
5.18%
4.74%
6.18%
2.74%
1,470,815
32.11% $
1,551,390
31.52% $
1,661,201
32.02%
$
1,475,010
$
1,678,333
$
1,740,341
113,735
143,180
2.71% $
3.41% $
101,370
123,549
2.21% $
2.70% $
102,650
125,478
2.09% $
2.55% $
105,458
125,666
2.03%
2.42%
256,915
6.12% $
224,919
4.91% $
228,128
4.64% $
231,124
4.46%
$1,094,497
26.06% $
1,250,091
27.29% $
1,450,205
$1,509,217
29.09%
6.87%
5.85%
5.56%
5.37%
6.83%
2.34%
6.52%
6.34%
5.21%
4.93%
6.18%
2.93%
6.56%
6.31%
4.99%
4.78%
6.06%
2.81%
29.47%
COMPETITION
RATE COMPARABLES
Holiday Inn Convention Center Airport
Sarasota Bradenton International Airport, Sarasota, FL 34243
Total Rooms: 135
2015 ADR: $ 113
Year Built: 2009
2015 Occ: 70.00%
Floors
2015 RevPar: $ 79.00
:6
Hilton Garden Inn Sarasota Hotel
8270 N. Tamiami Trail, Sarasota, FL 34243
Total Rooms: 115
2015 ADR: $ 122
Year Built: 2001
2015 Occu: 82%
Floors
2015 RevPar: $100.00
: 4
Courtyard Marriott Sarasota
850 University Parkway, Sarasota, FL 34243
Total Rooms: 81
2015 ADR: $116
Year Built: 1996
2015 Occ: 82.00%
Floors
2015 RevPar: $95.00
:3
Hyatt Place
950 University Parkway, Sarasota, FL 34236
Total Rooms: 114
2015 ADR: $120.00
Year Built: 2008
2015 Occ: 83.00%
Floors
2015 RevPar: $99.60
: 3
RATE COMPARABLES MAP
2
Sarasota International Airport
1
3
4
1.
Holiday Inn Conference Center Airport
2.
Hilton Garden Inn
3.
Courtyard Marriott
4.
Hyatt Place
SALE COMPARABLES
Holiday Inn Convention Center Airport
Sarasota Bradenton International Airport, Sarasota, FL 34243
Sale Price: $16,500,000
Number of Rooms: 135
Year Built:2009
Price/Room: $122,000
Building: Interior
Closing Date: On Market
Hawthorn Suites Orlando Airport
7450 Augusta National Drive, Orlando, FL 32822
Sales Price: $19,900,000
Number of Rooms: 135
Year Built: 2000
Price/Room: $147,407
Building: Interior
Closing Date: 01/29/2008
Sheraton Tampa Riverwalk Hotel
200 North Ashley Drive, Tampa, FL 33602
Sales Price: $33,683,700
Number of Rooms: 277
Year Built: 1968
Price/Room: $121,602
Building: Interior
Closing Date: 09/16/2007
Hilton Garden Inn SeaWorld
6850 Westwood Boulevard, Orlando, FL 32821
Sales Price: $27,500,000
Number of Rooms: 233
Year Built: 2001
Price/Room: $118,026
Building: Interior
Closing Date: 10/11/2005
SALE COMPARABLES MAP
4
2
3
1
1.
Holiday Inn Conference Center Airport
2.
Hawthorn Suites Orlando Airport
3.
Sheraton Tampa
4.
Hilton Garden Inn
MARKET
OVERVIEW
MARKET OVERVIEW
The Holiday Inn Conference Center Airport is located in Sarasota County just South of the Bradenton county line. The two counties together
comprise the Sarasota-Bradenton Metropolitan Statistical Area (MSA) and is part of the Tampa Bay Region which also includes the Tampa-St.
Petersburg MSA.
Sarasota Bradenton International Airport
Sarasota Bradenton International (SBI) is located directly west of the Holiday Inn Conference Center Airport; and is about 2/3rd’s in
Manatee County and 1/3rd in Sarasota County. It serves over one million passengers a year as a gateway to the southwest Gulf coast of Florida.
Major domestic and commuter airlines provide daily scheduled service, as do seasonal international and domestic charter carriers. The user-friendly
terminal and the attractively maintained surroundings exemplify the best of Florida, offering a comfortable, secure and stress-free atmosphere.
Airline ticketing, baggage claim, and other services are steps away from the main concourse and the commuter gates. Both the short and long-term
parking lots are adjacent to the main terminal.
SBI Airport Statistics
Airline Aircraft Departures
Year
Passenger Traffic
Percent Change
Year
Total Departures
Average Daily
Departures
Passengers per
Departure
2008
535,716
-5.1%
2008
6,863
19
79
2009
566,466
5.7%
2009
8,027
22
71
2010
671,988
18.6%
2010
9,500
26
71
2011
715,137
9.4%
2011
9,623
26
74
2012
783,964
9.6%
2012
9,873
27
72
As of January 2012, the airport was served by six national airlines (AirTran, Continental, Delta, JetBlue, Northwest, and US Airways) and two
commuter airlines (Cape Air, and Comair). In fiscal year 2007, the top four airlines accounted for 72.3% of total enplanements. AirTran ranks first in
number of enplaned passengers (29.2%), with Delta ranking second (27.7%), Continental third (8.1%), and JetBlue ranking fourth (7.3%).
MARKET OVERVIEW
Hotel Market Highlights
Demand in Sarasota is cyclical. RevPAR is highest during February and
March, lining up with winter getaways and schools’ spring break holidays.
Occupancy during
this first quarter of the year consistently reaches 90%, sometimes as early as
January and as late as April. Average Daily Rate reflects this same pattern,
with rates
reaching $150 and higher during the first quarter, but dropping to lower $90’s
during August and September. Accordingly, lower RevPAR’s are also
achieved during the
months of August and September, when high temperatures are readily
available in many places and when students go back to school.
Market Demographics
With a county population approaching 400,000 and a city population of more
than 53,000, Sarasota is a popular tourist destination renowned for pristine
beaches and cultural attractions. Considering the tourist influx, a functional
population estimate is closer to 500,000 for the county at any given month.
Of the approximately 4.8 million tourists that visit Sarasota during the
summer season, approximately 930,000 stayed for an average of 6.5 nights.
Following standard employment patterns for tourist destinations, the largest
share of Sarasota residents are employed in service industries, including
health care, retail, accommodation and food services, construction and more.
MARKET OVERVIEW
Sarasota-Bradenton MSA
The site’s location just north of the Sarasota-Manatee county line places it
roughly in the middle of the Sarasota-Bradenton Metropolitan Statistical Area
(MSA) which is comprised of both counties. Although Sarasota is the larger
county in terms of population, Manatee
(Bradenton) was the state’s top county in job growth (15.01 percent) in the
2000 to 2004 period and both Manatee and Sarasota counties have jobless
rates (3.6 percent and 3.2 percent respectively) well below the state average
(4.8 percent) for 2004.
Future population growth is estimated at over 10 percent in the period 20042008 in Manatee County and between 7 and 9 percent in Sarasota County for
the same period. According to the Florida Trend annual Economic Yearbook,
per capita income in Sarasota County in 2004 is estimated at over $42,500,
which is behind only Collier County (Naples area) in the 10 county southwest
region.
Manatee County is next in the region with a level of over $35,700, well above the state average of $31,242. With over $72 million in capital investments
announced through the Economic Development Council and a medical college and 740-seat sports arena coming to the area, Manatee County intends
to continue its growth into the future. Benderson Development, which has moved its corporate headquarters to Manatee County and is locating in a
multimillion-dollar business center they are developing at University Drive and Interstate 75, about 7 miles east of the subject site.
MARKET OVERVIEW
Area Attraction
Although none of the state’s top attraction destinations such as, Disney and the Orlando theme parks are located proximate to the Holiday Inn
Conference Center Airport, there are a large number of smaller attractions in the general market area as shown in the following table:
Source: Brush & Company
MARKET OVERVIEW
Tourism
Tourism is one of the leading sectors of the Florida economy and 2005 was a record year according to Visit Florida. Total visitors to the state
reached a record 85.8 million in 2005, up 7.6% over 2004’s former record level of 79.6 million visitors and up 17.8 percent from the pre 9/11 total
of 72.8 million visitors in 2000. total tourism/recreation taxable sales have been estimated at over $60 billion in 2005, a new record and up more
than 5 percent from 2004’s $57 billion and up almost 24 percent from 2000’s $48.5 billion. Total state sales tax revenue from tourism also reached a
record $3.6+ billion, up from 2004’s $3.4 billion and 2000’s $2.9 billion. The number of persons directly employed by the tourism industry reached a
record approaching 950,000 up from both 2004’s 912,700 and 2000’s 842,900.
Lodging Supply and Demand
As shown in the following chart, the downturn in overall demand in the State of Florida during 2001 (and the lack of change in 2002), was almost
mirrored in the Tampa Bay Region. Even though supply growth among the competitive facilities was non-existent since 2002, demand growth
showed high levels of growth in both 2003 and 2004 but slight downturn in 2005 when the entire state was affected by the hurricanes in the late
summer and fall and the market didn’t reach the 2004 levels for the last 5 months which were impacted positively by hurricane related demand.
Seasonality of Demand
As is common in central Florida, even for commercially oriented properties, the state’s winter “high-season” for tourism in the region is of
importance both for transient visitors going to vacation destinations proximate to the beaches or at the major theme parks in the Orlando and
Tampa areas while the more “value-oriented” summer season gains in importance. Destination tourist demand in Bradenton, backs up from the
more beach oriented properties during the high season which adds to the commercial and transient tourist demand more common in airport
locations. The table below shows the monthly occupancy, average rate and RevPAR levels during the last two full years for the selected BradentonSarasota area properties.
MARKET OVERVIEW
Major Employers
Source: Brush & Company
Executive
Profiles
EXECUTIVE PROFILES
Mazili Hotel Group
Founded by Julian Mazili, the Mazili Hotel Group is a Hotel Brokerage Company. In addition to
delivering the best hotel brokerage and advisory, we provide other services related to the
hospitality industry such as, consulting, management and financing assistance.
Our professional staff utilize their hotel's expertise, local and national market knowledge, and
investors needs to match each property with the proper investor while maximizing the seller's and
the buyer's value. We work hand in hand with our clients, so we can serve them best. Their
satisfaction is and will always be our number one goal.
Our Mission:
To provide Excellent Brokerage and Advisory services to our clients, build up and sustain
wealth for our Clients, and become the leading hotel brokerage firm in Florida and the
Southeast Region.
What separate us from competition is our ability to sell listed properties within 65 days and
with 95% or more of the listed price. Our experience and involvement in hotel ownership and
management enables us to achieve
maximum results for our clients than average hotel brokers.
Before we engage in sending any marketing materials, we qualify buyers first by inquiring their
financial statements, business history, and experience as well as their ability to conclude
transactions in a timely manner.
Upon receiving a request to list a property, we start preparing an Executive Summary which
includes the property’s general and financial information. A more detailed Marketing Package is
prepared within 48 hours after the execution of the “Listing Agreement”.
EXECUTIVE PROFILES
Julian A. Mazili : CEO & President
Julian A. Mazili is the President of Mazili Hotel Group, a hotel brokerage company based in Tampa, FL.
Julian Mazili specializes in hotel brokerage and has extensive experience in the Hotel industry. He has
owned and operated a number of hotels in Colorado and Florida for over 15 years.
Julian Mazili
CEO & President
Julian’s personal experience covers all facets of the hotel industry ranging from new construction to
acquisition planning, as well as his knowledge in budget/revenue forecasting. His product knowledge and
experience allow him to conclude transactions efficiently while satisfying both potential investors and
property owners.
With Julian's broad international experience and multilingual capabilities (Italian, French, Spanish, Arabic)
many international investors have utilized his services to acquire new hotel investments in the U.S, especially
in the Florida market. He has excellent brokerage experience in negotiating and selling as well as the ability
to understand and respond to investors needs.
Julian was included in the Who’s Who of professionals Hotel Owners and Management Directory in 1997
and 1998. He received an award of Top Hotel Investment Broker in Florida in 2001, 2002, and 2003. In
addition, he was a Florida Gulf Coast Pinnacle Award recipient in 2003.
“My Commitment to my clients is to provide them with the best real estate investment, research
advisory, and transaction services.”
Julian A. Mazili