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3 Greater Cincinnati Hotels for Sale
Cincinnati Enquirer, 09/11/2012
By Cindi Andrews

Three premium-branded Greater Cincinnati hotels — Embassy Suites RiverCenter in Covington, Hilton Cincinnati Airport in Florence and Cincinnati Landmark Marriott — are for sale.

They are among 13 hotels that Eagle Hospitality Properties has announced it will sell to repay its secured debt to the private equity firm Blackstone at a discount, avoiding foreclosure.

The majority of properties are Embassy Suites hotels, and they’re scattered across the country, from Boston to Phoenix.

Locally, the Embassy Suites RiverCenter has 226 rooms, the Hilton Cincinnati Airport 306 rooms and the Cincinnati Landmark Marriott has 321 rooms.

Lazard Freres & Co. is handling the sale; potential buyers can contact Phillip Summers at (212) 632-6296.