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                            Hotel Source Sells Days Inn - Eagle River, Wisconsin

53 West Jackson Boulevard   CHICAGO - June 22, 2011 — Hotel Source, Inc. completed the sale of the 92-room
Suite 1032
                            Days Inn - Eagle River, WI. This limited-service hotel was purchased by a private operator
Chicago, Illinois 60604
p	 312 362 0624
                            from the original owner and developer. Seth Glickman and Steve Marx of Hotel Source, Inc.
f	 312 362 0628             handled the sale.
info@hotelsource.com
www.hotelsource.com
                            The hotel was sold at a 2.6 Room Revenue Multiplier and was achieving approximately 31%
                            occupancy and $74.29 ADR at the time of sale. Originally built in 1989, a 31-room addition
                            was added in 1995. This 5-Sunburst and Chairman’s Award winning property is easily
                            accessed by US Highway 45, and contains an indoor swimming pool, hot tub and sauna.


                            Hotel Source, Inc. is a hotel real estate brokerage and advisory services firm that leverages
                            its transactional expertise and experience as a hotel owner and receiver to create responsive
                            solutions to the challenges of buying, owning and selling hotels.


                            For further information, contact Seth Glickman or Steve Marx at 312 362 0624.

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Hotel Source sells Days Inn in Eagle River

  • 1. for immediate relea se Hotel Source Sells Days Inn - Eagle River, Wisconsin 53 West Jackson Boulevard CHICAGO - June 22, 2011 — Hotel Source, Inc. completed the sale of the 92-room Suite 1032 Days Inn - Eagle River, WI. This limited-service hotel was purchased by a private operator Chicago, Illinois 60604 p 312 362 0624 from the original owner and developer. Seth Glickman and Steve Marx of Hotel Source, Inc. f 312 362 0628 handled the sale. info@hotelsource.com www.hotelsource.com The hotel was sold at a 2.6 Room Revenue Multiplier and was achieving approximately 31% occupancy and $74.29 ADR at the time of sale. Originally built in 1989, a 31-room addition was added in 1995. This 5-Sunburst and Chairman’s Award winning property is easily accessed by US Highway 45, and contains an indoor swimming pool, hot tub and sauna. Hotel Source, Inc. is a hotel real estate brokerage and advisory services firm that leverages its transactional expertise and experience as a hotel owner and receiver to create responsive solutions to the challenges of buying, owning and selling hotels. For further information, contact Seth Glickman or Steve Marx at 312 362 0624.