{"id":1004319848,"date":"2019-04-25T01:48:06","date_gmt":"2019-04-25T09:48:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004319848"},"modified":"2019-04-25T01:48:06","modified_gmt":"2019-04-25T09:48:06","slug":"hhm-buys-atlanta-airport-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hhm-buys-atlanta-airport-hotel\/","title":{"rendered":"HHM Buys Atlanta Airport Hotel"},"content":{"rendered":"
\"DoubleTree<\/a>

DoubleTree by Hilton Atlanta Airport. Image courtesy of HHM<\/em><\/p><\/div>\n

HHM has acquired the DoubleTree by Hilton Atlanta Airport. The 220\u2013guestroom property has 4,500 square feet of meeting space, multiple food and beverage outlets and a fitness center and swimming pool.<\/p>\n

The DoubleTree by Hilton Atlanta Airport is close to Hartsfield-Jackson Atlanta International Airport, which for 20 years running has hosted more passengers than any other airport in the world, a total of more than 107 million in 2018. The recently renovated property is also only a few miles from downtown Atlanta and the Georgia International Convention Center, Delta World Headquarters and Porsche\u2019s North American headquarters. <\/p>\n

\u201cThe DoubleTree Atlanta marks HHM\u2019s first hotel with the DoubleTree brand, further expanding a strong and growing partnership with Hilton, which now includes 27 managed hotels in our portfolio<\/em>,\u201d David McCaslin, HHM executive vice president, said in a prepared statement. \u201cFurther, this acquisition marks continued growth for our investment and operations platform, which now oversees six major airport hotels, including the Westin Dallas Fort Worth Airport and the Sheraton Miami Airport<\/em>.\u201d<\/p>\n

HHM operates 125 hotels across the U.S. and has brand affiliations through Marriott, Hilton, Hyatt and Intercontinental Hotel Group. The portfolio is particularly strong in Texas, California, New York City, Boston and Miami.<\/p>\n

HHM did not reply to Commercial Property Executive<\/em>\u2019s request for information.<\/p>\n

Super Bowl rush, uncertain future<\/h2>\n

Off to a strong start from having hosted Super Bowl LIII, the Atlanta hospitality market<\/a> can anticipate a solid 2019, with a first-quarter surge in RevPAR, followed by a modest 2.0 percent increase over the rest of the year, according to a 2019 market outlook from CBRE.<\/p>\n

\u201cA projected slowdown in economic activity nationwide is expected to suppress RevPAR growth in the next few years, with a recovery expected by 2022,<\/em>\u201d the CBRE report states.<\/p>\n

On the investment side, about 6 percent of the metro Atlanta hospitality supply\u201445 properties totaling 5,659 guestrooms\u2014changed hands in the 12 months ending September 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 220\u2013guestroom asset is the buyer\u2019s first DoubleTree property\u2014but not its first Hilton\u2014and its sixth at a major airport.<\/p>\n","protected":false},"author":882,"featured_media":1004319869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21808,21751,21742],"tags":[32789,45362,32805],"class_list":["post-1004319848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-featured","category-hotel","category-latest","tag-cbre","tag-hhm","tag-hilton"],"acf":[],"yoast_head":"\nHHM Buys Atlanta Airport Hotel - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hhm-buys-atlanta-airport-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HHM Buys Atlanta Airport Hotel\" \/>\n<meta property=\"og:description\" content=\"The 220\u2013guestroom asset is the buyer\u2019s first DoubleTree property\u2014but not its first Hilton\u2014and its sixth at a major airport.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hhm-buys-atlanta-airport-hotel\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-25T09:48:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/DoubleTree-by-Hilton-Atlanta-Airport.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hhm-buys-atlanta-airport-hotel\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hhm-buys-atlanta-airport-hotel\/\",\"name\":\"HHM Buys Atlanta Airport Hotel - 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