Robert Stiles Of RobertDouglas Represents Sale Of Hyatt Place Page Hotel For $24M

The asset involved in this transaction is a hotel located at 1126 North Navajo Drive in Page, AZ. This property, known as the Hyatt Place Page, was sold for $24,000,000. It features 102 rooms and luxury amenities designed to attract a high volume of guests, with a price per key of $235,294. The hotel is strategically positioned near Lake Powell, drawing over 5 million visitors annually.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $24,000,000
• Address: 1126 North Navajo Drive
• Market: Page, AZ
• Keys: 102
• Price Per Key: $235,294

Robert Douglas, represented by Robert Stiles, facilitated the sale, playing a crucial role in the transaction of this prominent hotel property.