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Hays Super 8 sold, under new management

By JAMES BELL
Hays Post

The Super 8 hotel in Hays has been sold, but despite the new owner and new local management, little should change at the hotel.

Jayhospitality LLC bought the property from Condor Hospitality Trust Inc. on Oct. 14, according to Sean Patel, Super 8 manager.

The new company moved quickly to bring the property under local management.

“It’s the owner and manager, both changed,” Patel said. “Before it was managed by a third party, now it will be locally managed.”

Condor has been pushing the sale of its properties lately as they work to update the company’s property holdings.

“We are pleased with the continuing progress being made in our legacy hotels disposition initiative that is underway which is connected to the capital recycling strategy most recently demonstrated with the acquisition of three high-quality select-service hotels in Atlanta, San Antonio and Jacksonville,” said Bill Blackham, Condor’s chief executive officer. “We expect to continue our disposition of legacy hotels on an accelerated basis through the end of 2016 in what appears to be attractive market conditions for the types of hotels that are being sold. With the closings on these two hotels, the company has sold 13 legacy hotels year-to-date, and we expect that number to approach 20 by the end of the year.”

Condor sold the Hays property for $1.91 million.

With the change, the new owner, who lives in Texas, had management ready to take over the property and currently the hotel is only looking for housekeeping staff, as other positions have already been filled.

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