Crystal Investment Property Brokers Sale of The Landing Hotel
For immediate release
Crystal Investment Property Brokers Sale of The Landing Hotel
Representing the Seller of the Landing Hotel, Restaurant & Pub in Ketchikan, Alaska
[Ketchikan, Alaska – August 2024] Crystal Investment Property, LLC (“CIP”), a member of Hotel Brokers International, announced the successful sale of The Landing Hotel, Restaurant & Pub in Ketchikan, Alaska. CIP, a licensed Washington brokerage, represented the Seller in the sale in cooperation with Mary Wanzer, a licensed Alaska broker. Joseph P. Kennedy, President of CIP, and the CIP Team worked closely with the Buyer, Seller, and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
The Landing Hotel, Restaurant & Pub is a 107-key, full-service, independent, midscale hotel. Located in Ketchikan, Alaska, this property is highly visible in the central business district. In addition, the Landing Hotel is in proximity to the Ketchikan International Airport, the Airport Ferry, and the main Ketchikan Ferry Terminal. The hotel features flexible meeting/wedding and event space. Event planning and catering are available on-site and off-site for local events. The Landing Hotel boasts two exceptional dining options, The Landing Restaurant and Jeremiah’s Pub, which are popular with visitors and locals alike. Guest amenities include a lounge area, fireplace, business center, fitness center, restaurant, pub, and courtesy shuttle service.
Joseph P. Kennedy, President of CIP, said, “We are pleased to announce the successful sale of The Landing Hotel. We extend our heartfelt gratitude to both the buyer and the seller for their collaboration and commitment throughout this process. This achievement marks a new chapter for The Landing Hotel, and we look forward to seeing its continued success under new ownership.”
About Crystal Investment Property, LLC
Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core services of hospitality asset acquisition/disposition are supported by innovative and creative solutions to maintain its position as the most active and successful hotel broker in the region. Crystal Investment Property represents the full spectrum of hospitality real estate owners, and their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, and limited-service hotels, as well as development projects and leasehold transactions.
Visit Crystal Investment Property online at crystalip.com.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International is the industry’s oldest network of hospitality broker professionals. HBI hotel brokerage specialists have successfully negotiated more than 11,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s website features a large inventory of hotel assets listed for sale and attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.
Contact:
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Portland, Oregon
503.530.1316
Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri
816.505.4315
