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Hotels

Accelerate your success in Hotels

Colliers hotels experts utilize their unsurpassed savvy and vast connections to provide strategic solutions to our investors in all hotel and resort asset classes. Your Colliers professional will serve as a one-stop shop for all your lodging investment needs, including disposition, acquisition, financing and valuations.

We can provide consulting and advisory services to ensure you have the valuation and market analysis information you need to select the best asset and move forward with a successful transaction. Or if you require debt and equity financing, we have the relationships and expertise to provide both borrowers and lenders with competitive advantages in the capital marketplace.

We know the lodging industry inside and out, but our clients also benefit from our regular collaboration with colleagues in related areas of specialization, such as land and golf courses, to maximize their investments. We bring together the expertise, relationships, technology and market knowledge to ensure successful transactions that exceed our clients’ high expectations.

Featured properties

For sale
Adobe Village Inn Investment Opportunity in Sedona Arizona - #1

Adobe Village Inn Investment Opportunity in Sedona Arizona

150 Canyon Circle Dr Sedona, AZ 86351

Opportunity to acquire the fee simple interest in the Adobe Village Inn at 150 Canyon Circle Drive in Sedona, Arizona. This 15-unit boutique inn is on three parcels, consisting of ±1.08 acres and is positioned well for growth under new ownership.


Contact brokers to request the offering memorandum.


The Inn is just off SR 179, the main throughway connecting I-17 to Sedona and approximately two hours from Phoenix. The property is conveniently located minutes from hiking trails, restaurants, shops and galleries, allowing guests plenty of options to fill their vacation itineraries.


The Inn contains 15 rooms total, consisting of four Villas, seven Inn Rooms and four two-bedroom Red Rock Suites. Each of the guest rooms are uniquely designed and decorated with guest comfort in mind, with every room providing free Wi-Fi, flat screen TVs, hair dryers, irons, in-room coffee and plush linens and robes. The Villas and Red Rock Suites offer additional in-room amenities.


Common area amenities include an outdoor hot tub, movie library, large outdoor gas fire pit and outdoor gardens/courtyard, with a sitting area that provides fabulous Red Rock views.


The Red Rock Suites could easily be converted to condos or apartments, with little to no additional cost. These four two-bedroom units are on a separate parcel, a short walk from the Inn’s lobby. Units have full kitchens and laundry, which help facilitate a relatively simple conversion to individual apartments or condominiums.


The Sedona market continues to have strong recovery and growth after the onset of the coronavirus pandemic. As domestic and international travel rebounds, the Inn’s performance projects to achieve new highs.


Sedona straddles the county line between Coconino and Yavapai Counties in northern Arizona. Sedona is a tourist destination, with the spring and fall months as peak seasons. However, it is also a popular spot in the winter for visitors seeking traditional winter weather, and in summer for travelers looking to escape the extreme heat in nearby cities to the south.

Hotels

Recent transactions

Sold
Sold – Holiday Inn Phoenix West - #1

Sold – Holiday Inn Phoenix West

Holiday Inn Phoenix West 1500 N 51st Ave Phoenix, AZ 85043

SOLD: Holiday Inn Phoenix West located at 1500 N. 51st Avenue in Phoenix. The four-story hotel consists of 144 rooms. Sale price was $10.2 million.

Hotels
Sold
Sold - Days Hotel in Mesa - #1

Sold - Days Hotel in Mesa

Days Hotel Mesa 333 W Juanita Ave Mesa, AZ 85210

SOLD: Days Hotel Mesa, a 120-room, three-story interior corridor hotel, located at 333 W. Juanita Avenue in Mesa, Arizona. Sale price was $7.6 million.

Hotels
Sold
Sold - Comfort Suites Old Town Scottsdale AZ - #1

Sold - Comfort Suites Old Town Scottsdale AZ

Comfort Suites Old Town Scottsdale 3275 N Drinkwater Blvd Scottsdale, AZ 85251

SOLD: Represented buyer in the acquisition of Comfort Suites Old Town Scottsdale at 3275 N. Drinkwater Boulevard in Scottsdale, Arizona. The hotel consists of 60 rooms, with a total of 32,436 square feet on 1.32 acres. Sale price was $7.25 million.

Hotels
Sold
Sold - Staybridge Suites Tucson Airport - #1

Sold - Staybridge Suites Tucson Airport

Staybridge Suites Tucson Airport 2705 E Executive Dr Tucson, AZ 85756

SOLD: Staybridge Suites Tucson Airport at 2705 E. Executive Drive in Tucson, Arizona. The hotel consists of 97 suites, with a total of 84,000 square feet on 2.88 acres. Sale price was $8.5 million.

Hotels
Sold
Sold - Best Western in Yuma - #1

Sold - Best Western in Yuma

Best Western InnSuites 1450 S Castle Dome Ave Yuma, AZ 85365

SOLD: Best Western Inn & Suites at 1450 S. Castle Dome Avenue in Yuma, Arizona. The hotel consists of 166 rooms and suites within six buildings. Sale price was $16.05 million.

Hotels
Sold
Sold - Holiday Inn and Suites Phoenix-Mesa-Chandler - #1

Sold - Holiday Inn and Suites Phoenix-Mesa-Chandler

Holiday Inn & Suites Phoenix-Mesa/Chandler 1600 S Country Club Dr Mesa, AZ 85210

SOLD: Holiday Inn & Suites Phoenix-Mesa/Chandler at 1600 S. Country Club Drive in Mesa, Arizona. The hotel consists of 246 rooms, with a total of 226,812 square feet on 7.03 acres. Sale price was $13.1 million.

Hotels
Sold
Sold - Holiday Inn Express and Staybridge Suites in Glendale AZ - #1

Sold - Holiday Inn Express and Staybridge Suites in Glendale AZ

Holiday Inn Express and Staybridge Suites 9310 and 9340 W Cabela Dr Glendale, AZ 85305

SOLD: Represented buyer in the acquisition of Holiday Inn Express & Suites at 9310 W. Cabela Drive and Staybridge Suites at 9340 W. Cabela Drive, both in Glendale, Arizona. The hotels consist of 212 rooms, with a total of 115,541 square feet on 4.5 acres. Sale price was $22 million.

Hotels
Sold
Sold - Holiday Inn Express-St George - #1

Sold - Holiday Inn Express-St George

Holiday Inn Express-St George 2450 N Town Center Dr Washington, UT 84780

SOLD: Holiday Inn Express-St. George at 2450 N. Town Center Drive in Washington, Utah. The hotel consists of 100 rooms. Sale price was $9.4 million ($94,000 per room).

Hotels
Sold
Sold - Byrd Hotel Group Portfolio Goodyear AZ - #1

Sold - Byrd Hotel Group Portfolio Goodyear AZ

Residence Inn, Red Lion Inn, Hampton Inn and Holiday Inn Goodyear, AZ 85395

SOLD: Sale/leaseback of Byrd Hotel Group portfolio in Goodyear, Arizona. The four limited and full-service hotels consist of 378 rooms, with a total 441,967 square feet on approximately 10.14 acres of property. Sale price was $20 million.


Residence Inn at 2020 N. Litchfield Rd – 78 rooms


Red Lion Inn & Suites at 1313 N. Litchfield Rd – 90 rooms


Hampton Inn & Suites at 2000 N. Litchfield Rd – 110 rooms


Holiday Inn & Suites at 1188 N. Dysart Rd – 100 rooms 

Hotels
Sold
Sold - Holiday Inn Express Los Alamos - #1

Sold - Holiday Inn Express Los Alamos

Holiday Inn Express 60 Entrada Dr Los Alamos, NM 85744

SOLD: Holiday Inn Express, an 86-room, three-story hotel, located at 60 Entrada Drive in Los Alamos, New Mexico. Sale price was $8.8 million.

Hotels

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Hotels brochure

2018 Hotels brochure | Colliers International

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Hotels leadership

Rich Lillis | Colliers | Boca Raton

Rich Lillis

Executive Managing Director, Hotels USA

Boca Raton

Call now +1 561 353 3640
Call Mobile +1 561 716 2228
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Rich Lillis is a leading expert providing strategic advisory services to clients on hotel and resort investment sales and financing in Florida, Eastern United States and the Caribbean. In his role as Director of Colliers Hotels USA, Rich leads a nationwide team of lodging specialists, leveraging unique industry insights and sharing best practices to deliver great results for clients. In the dynamic hotel investment market, Rich and his team provide valuable solutions to hotel owners and investors, developers, land owners, regional lenders and special servicers. 

As a frequent speaker at national hotel investment conferences ALIS, NYU and NABHOOD, Rich offers a unique perspective from his deep experience and diverse lodging background.   

Prior experience includes Miami practice leader at Horwath HTL, asset management at Ocwen Financial Corporation and hotel management positions at New Castle, Doral, Marriott International and Plaza Hotel. Rich earned his Bachelor of Science in Economics from State University in New York and is a Florida licensed real estate broker. Rich and his wife Maureen reside in Boca Raton, Florida.

Colliers is global leader in lodging investment services with 150 dedicated hotel professionals in the USA, Canada, EMEA and APAC providing transaction, financing, consulting and valuation services. 

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