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Days Inn
Sturbridge, MA 01566
Attractive 81 room Days Inn located in popular Sturbridge Massachusetts

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A very good Summer
By Joe Cardillo | 9/21/2014
As the summer winds down we see many hospitality owners and brokers with big smiles on their faces. It has been a wonderful summer for business and the expectations for the fall season are high as well. It seems to have been a long time coming but

Summer 2014 and Business is Booming
By Earle Wason | 7/1/2014
Looking back now it appears that the years 2012 and 2013 were the transitional years for the return of hotel profits and the beginning of a hotel sales boom. Now in 2014 hotel sales have returned to levels we have not seen since 2007. It does not h

A look at 2014
By Earle Wason | 2/1/2014
At this time each year I am asked by Hotel and Real Estate Publications and Associations for a short review of the last year with some predictions for the upcoming year. While reviewing some of my past articles I came across the 2103 predictions and

Exciting Market update
By Earle Wason | 8/15/2013
There has been continued improvement in the hospitality market in 2013 and as a result the number of transactions is increasing. Buyer demand is increasing and with the continued low interest rates it has become a very good time to sell or buy. We

Happy July 4th
By Earle Wason | 7/3/2013
We wish you a very happy 4th of July as we look toward a successful summer season. The month of June was wet but many operators tell me that they still held their own. I know the season has been off to a very strong start and I am told that advance

Best Wishes for a Happy, Healthy, and Prosperous 2013
By Earle Wason | 1/7/2013
Begining this new year we are offering some properties new to the market and a number of properties that have come back on the market from previous years at new and reduced prices. The favorable financing in 2012 led to an increase in transactions a

Congratulations to Butson Lincoln,LLC and AmbaHotel,LLC
By Joe Cardillo | 9/12/2012
Congratulations to Butson Lincoln,LLC, (Seller) and Amba Hotel,LLC on the sale of the Comfort Inn, Lincoln NH. The transfer of this 81 room, four story, interior hotel closed on Wednesday September 12, 2012. Amba Hotel had been operating the hotel s

Great Start to the Summer Season
By Earle Wason | 6/1/2012
From all reports the Summer Season looks very good for the hotel business as the Memorial Day Weekend was an excellent start. Many hotel owners have told me that advanced deposits are up as much as 25% over last year at this time, obviously this bod

Quick update
By Earle Wason | 2/15/2012
Many of our clients and customers have been inquirying as to our view of the likley activity for the upcoming year of 2012. We are starting the year with a great deal more business than the previous three years and feel that this will continue well i

The Wayfarer, Bedford, NH and functional obsolescence
By Peter Annon | 10/28/2011
We have discussed on numerous occasions the number of hotels throughout New England that are facing functional obsolesence. At the current time we have two such properties under agreement to be demolished and planned for other uses, one in Mancheste

Strong Activity
By Joe Cardillo | 10/5/2011
These past few months have been very busy for us as we have closed a number of sales and have properties under agreement to close over the next few months. We have mixed feelings about some of the business as the "short sale" market has increased.

Summer Update
By Earle Wason | 8/1/2011
It's been a very busy summer both at hotels and restaurants but also on the transaction front. We have closed a number of sales in the last couple of months and have agreements on others to close before the end of the year. The good news is that so

Current Article in the NEREJ
By Earle Wason | 4/10/2011
It is about this time each year that I am invited to speak to a group of MBA students at the University of New Hampshire. The University has been an important part of my life, and I met my wife, Mary, there when we were students. This year’s session

Year End Indicators
By Earle Wason | 12/2/2010
Another interesting and challenging year is coming to an end! In my July article in the New England Real Estate Journal, I reported on some of the major Market Trends that were taking shape in the mid-year. A review of those trends included: the tra


Regional Owners and Local Operators in General are Optimistic About the Upcoming Year

As I was preparing my notes for this article, New England Hotel Forecast 2013, it occurred to me that it was not an enviable task. Here, I am going to give some of my personal thoughts about likely hotel revenues, the transaction market and some trends that will likely affect 2013 and years to come.

Wason Associates Negotiates the Sale of Comfort Inn in Lincoln

Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce the successful transaction of the Comfort Inn in Lincoln, NH. The transaction was finalized September 12, 2012.

Wason Associates Negotiates the Sale of Holiday Inn Express in Keene

Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce the successful transaction of a Holiday Inn Express located at 175 Key Road in Keene, NH to buyer OS&S Keene, LLC from seller Keene Inn, Inc. The transfer was finalized on May 8, 2012.

Hay Creek Hotels Selected to Manage the Historic Eagle Mountain House & Golf Club in Jackson, NH

Hay Creek Hotels announced that they have been selected to manage the 96 room Eagle Mountain House & Golf Club located in the Mount Washington Valley region of New Hampshire in the town of Jackson.

Eagle Mountain House Being Sold

The sale of one of the town's landmark resort properties was completed this week on March 21, 2012.

Wason Associates Negotiates the Sale of the Best Western in Nashua, NH

Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce the successful transaction of the Best Western Granite Inn located in Nashua, NH to buyer B and C Management Inc. from seller Karen Enterprises Inc. The transfer was finalized in August 2011 with a final selling price of $3.2 million.

Wason Associates Negotiates the Sale of Four New England Hospitality Properties

Wason Associates is pleased to announce the successful transfer of four hospitality properties in June 2011. The transfers of three New Hampshire inns and one Maine café were smoothly negotiated by Wason Associates, resulting in a very successful turnout for all parties.

Wason Associates Negotiates the Sale of the Howard Johnson Hotel in South Portland

A staple of South Portland and a name known across the country, the Howard Johnson Hotel is now under the ownership of New-Gen Hospitality. The transaction closed on May 27, 2011 between New-Gen Hospitality and Wason Associates who represented the previous owners, Zyracorp Inc., based in Bedford NH, who have owned and operated the hotel for many years.

Wason Associates Negotiates the Sale of the Muddy Rudder Restaurant in Yarmouth, Maine

One of the most highly visible restaurants on the coast of Maine, the Muddy Rudder, was transferred on May 16, 2011 to Granite Hospitality LLC. The transaction was negotiated by Wason Associates, the seller was the Chafee Restaurant Corporation, a subsidiary of the Maine Course Hospitality Group, based in Freeport Maine.

Joe Cardillo of Wason Associates Closes Two Sales

Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce that Joe Cardillo of Wason Associates successfully negotiated the recent sale of the New London Inn to New London Hospitality Holdings LLC on behalf of the seller, Leroy-Johnson LLC. The final sale price was $1,155,000. Mr. Cardillo also recently negotiated the sale of 116-121 Key Road in Keene, NH to Keene Key LLC on behalf of the seller GuruNanak LLC

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Wason Associates
Our team welcomes you to the Wason Associates Hospitality Real Estate Brokerage Group web site. Here you will find relevant and up to date information on the market, review current transactions, learn about our services and most importantly review hotels offered for sale. Our fully functional and integrated system provides buyers with pertinent property and market data and is designed to inform, educate, provide the ability to evaluate properties for sale and help make an informed decision to pursue a hotel purchase.

Earle Wason, CCIM
Cell: 603-498-1899

Peter Annon, CPA, RFC
Cell: 603-848-0456
Home Office: 603-223-0320

Joe Cardillo, Broker Associate
Cell: 603-520-5001
Home Office: 603-526-5949

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Wason Associates Hospitality Real Estate Brokerage Group
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801  |  603.766.4982
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