Hotel Source, Inc. completed the sale of the 68-room Microtel Inn & Suites - Green Bay, WI. This limited-service hotel was purchased by Batra Hospitality Group, Inc. and was previously owned by MI of Green Bay, LLC www.hotelsource.com

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Hotel Source Sells Microtel Inn & Suites - Green Bay, WI
53 West Jackson Boulevard CHICAGO - September 8, 2011 — Hotel Source, Inc. completed the sale of the 68-room
Suite 1032
Microtel Inn & Suites - Green Bay, WI. This limited-service hotel was purchased by Batra
Chicago, Illinois 60604
p 312 362 0624
Hospitality Group, Inc. and was previously owned by MI of Green Bay, LLC
f 312 362 0628 Seth Glickman and Steve Marx of Hotel Source, Inc. handled the sale.
info@hotelsource.com
www.hotelsource.com
The hotel was sold at a 3.7% capitalization rate and was achieving approximately 43%
occupancy at the time of sale. Built in 1999, the property will receive minor upgrades from
the new owners. The 3-story hotel is situated in a highly visible location near Lambeau Field,
the home to the NFL’s Green Bay Packers, and contains an indoor pool with water features.
Hotel Source, Inc. is a hotel real estate brokerage and advisory services firm that leverages
its transactional expertise and experience as a hotel owner and receiver to create responsive
solutions to the challenges of buying, owning and selling hotels.
For further information, contact Seth Glickman or Steve Marx at 312 362 0624 or visit
www.hotelsource.com.