10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Sage Lane Partners Acquires 101-Room Hampton Inn & Suites Prattville

  • Automatic
  • 30 June 2025
  • 2 minute read
Total
0
Shares
0
0
0

This article was written by Hotel Executive. Click here to read the original article

image


USA, Atlanta, Georgia.
June 30, 2025

Officials of Sage Lane Partners, a private equity real estate firm that specializes in sourcing, acquiring, developing and asset managing investment properties, and Ocala, Fla.-based ARK Holdings announced the joint venture acquisition of the 101-room Hampton Inn & Suites in Prattville, Ala. ARK Hospitality, a leading third-party manager in the southeast, will operate the hotel. The addition continues Sage Lane’s rapid growth since its formation in 2024 to more than $350 million in current assets managed.

“The Hampton Inn & Suites Prattville marks the first acquisition of Sage Lane Partners, though it is by no means our first hotel investment property,” said Bhavnesh Vivek, managing partner, Sage Lane Partners. “With more than 40 years of hospitality experience, our executives have closed on more than 40 transactions and have provided investment, advisory and/or asset management services for more than $3 billion of hotel real estate. Both our acquisition and development pipelines remain full, and we look forward to adding as many as three hotel acquisitions and breaking ground on two development deals this year.”

Accelya appoints former Southwest Airlines…
Trending
Accelya appoints former Southwest Airlines…

Located at 2590 Cobbs Ford Road just off I-65, the hotel is directly across the street from Bass Pro Shop and just ten minutes from downtown Montgomery. Hotel amenities include a 24/7 fitness center, outdoor pool, business center and 576 square feet of total event space. All guests can enjoy a complimentary daily breakfast and Wi-Fi throughout the hotel.

“At Sage Lane Partners, we seek to uncover unrealized value by identifying off-market and often neglected real estate opportunities,” said Bhavin Vivek, managing partner, Sage Lane Partners. “We partner with high net worth and institutional investors to apply our asset management expertise for value-add and opportunistic investments. Sage Lane Partners offers flexible capital solutions, enabling diversification into unconventional markets and commercial ventures, ultimately delivering substantial returns. The Hampton Inn & Suites is the embodiment of this strategy, and we look forward to expanding our portfolio nationwide as we achieve our own growth goals.”

“We look forward to collaborating with the Sage Lane Partners team to apply our vast experience to the Hampton Inn & Suites as we implement sophisticated strategies to drive cash flow and maximize the value of the asset while providing an elevated experience to the hotel,” said Azim Saju, chief executive officer, ARK Holdings.

“Prattville is a vibrant and growing market ideal for a select-service hotel that provides the latest amenities most requested by business and leisure travelers to the area,” said Ed Denning, president, Raleigh-based ARK Development. “Working with the Sage Lane Partners team, we are excited to be a part of and have a positive impact on the local community.”

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Categorizing...

Dartmoor retreat responds to the “rhythm of farm life”

  • Clara Finnigan
  • 4 July 2025
View Post
  • Categorizing...

Creating a Culture of Welcome: How We Engaged Employees to Delight Guests – Edward Mady

  • Josiah Mackenzie
  • 4 July 2025
View Post
  • Categorizing...

Foolscap reimagines the Roman forum for Cremorne co-working space

  • Amy Frearson
  • 4 July 2025
View Post
  • Categorizing...

Founder of Sustainable Travel Technologies…

  • Travel Weekly Group Ltd
  • 4 July 2025
View Post
  • Categorizing...

Ant International unveils AI-powered travel…

  • Travel Weekly Group Ltd
  • 4 July 2025
View Post
  • Categorizing...

Explora Journeys enhances travel advisor…

  • Travel Weekly Group Ltd
  • 4 July 2025
View Post
  • Categorizing...

‘Fundamental shift’ in Gulf visitor…

  • Travel Weekly Group Ltd
  • 4 July 2025
View Post
  • Categorizing...

Booking smart in the age of hype

  • Automatic
  • 4 July 2025
Sponsored Posts
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ

    View Post
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers

    View Post
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ

    View Post
Last Posts
  • The biggest challenge in hospitality training (And how to solve it)
    • 4 July 2025
  • Italy’s Real Estate Market Grows: €5.2 Billion Invested YTD, Hospitality and Retail Lead, Residential Sales Recover
    • 4 July 2025
  • I was thinking about this over the weekend – just how much extra effort it now takes to simply buy things. | Luke Reed
    • 4 July 2025
  • HITEC 2025: Record-Breaking Attendance, Start-up Momentum, and a Look Ahead to San Antonio
    • 4 July 2025
  • HOF 2025: “Revenue managers are the lighthouse of commercial discipline”
    • 4 July 2025
Sponsors
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.