Lake Geneva Comfort Suites hotel sold for $5.7 million

Illinois company purchased property

Comfort Suites Lake Geneva East
Comfort Suites Lake Geneva East

Last updated on May 15th, 2019 at 04:57 pm

The Comfort Suites Lake Geneva East hotel sold to an Illinois company for $5.67 million, according to state real estate records.

Comfort Suites Lake Geneva
Comfort Suites Lake Geneva

The 80-room hotel at 300 E. Main Street, was sold by Geneva Lakes Hotel Group, LLC, which is registered to Robert Rehm, Jr. of Waterloo to KNMG Hotels, LLC of Wood Dale, Illinois.

The Comfort Suites is part of Choice Hotels International, which owns several mid-scale hotel brands including Comfort Inn, Comfort Suites, Sleep Inn, Quality Inn and Clarion.

Choice is planning to build a Cambria Hotels & Suites, one of its high-end brands, near the Shops of Grand Avenue in downtown Milwaukee.

 

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display