AD1 Global Completes $10 Million Purchase of the Holiday Inn Savannah, Georgia

AD1 Global | March 13, 2017

Hollywood, FL, March 13, 2017 -- AD1 Global, a privately-held hotel investment company acquired the Holiday Inn located at 11 Gateway Boulevard East in Savannah, GA, on March 6, 2018. The asset was purchased for approximately 10 million dollars, including transaction costs. This purchase adds 100 rooms, including three suites and an onsite restaurant to the company's portfolio. AD1 Global is focused on all facets of the hospitality industry, ranging from strategic acquisitions and new developments, to renovations and management services. They are currently pursuing several acquisition opportunities. "We are delighted with the acquisitio...