Wednesday, September 24, 2008

Hunter Hotels Promotes Mayank Patel to Senior Analyst

Hunter Hotels, a leading national hotel brokerage and investment services firm, today announced the promotion of Mayank Patel to senior analyst.

In his new role, he will head up a team of analysts responsible for the research and preparation of property evaluations, hotel marketing packages and broker opinions of value. He also will conduct financial and industry analysis, examine valuation methods, and prepare offering memoranda for prospective buyers.

“Our firm has enjoyed substantial growth over the past five years, in part thanks to the thoughtful analysis and evaluation provided by Mayank and his team,” said Bob Hunter, president of Hunter Hotels. “He brings a full range of understanding of hotels from development to operations, as well as in-depth expertise on valuation and finance. With rock-solid analysis and valuation, we believe we are able to help clients achieve the optimum pricing for their properties in all phases of the hotel real estate cycle.”

A 10-plus year hotel veteran, Patel has been involved in valuation and analysis, operations and development throughout his career, which includes stints at hotel corporations and real estate investment trusts. He holds a bachelor’s degree in economics from the University of North Carolina.

Hunter Hotels, founded in 1978, has offices in Atlanta and Washington, D.C. Hunter’s exclusive focus is in hotel brokerage and hotel-related investment banking. Properties range from upper upscale to economy with an emphasis on premium-branded and quality independent hotels in the mid-market segment. For more information or to view current listings, please visit www.hunterhotels.net or contact us at 770-691-0300 in Atlanta, or 703-246-0035 in Washington, D.C.
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