Crystal Investment Property LLC (CIP), a member of Hotel Brokers International, brokered the sale of The Landing Hotel, Restaurant & Pub in Ketchikan, AK.
CIP, a licensed Washington brokerage, represented the seller in the sale in cooperation with Mary Wanzer, a licensed Alaska broker. Joseph P. Kennedy, president, CIP, and his team worked closely with the buyer, seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
The property is a 107-key, full-service, independent, midscale hotel located in the central business district of Ketchikan. In addition, the hotel is near the Ketchikan International Airport, the Airport Ferry and the main Ketchikan Ferry Terminal. The hotel features flexible meeting/wedding and event space with event planning and catering available on-site and off-site for local events. It has two dining options, The Landing Restaurant and Jeremiah’s Pub. Amenities include a lounge area, fireplace, business center, fitness center and courtesy shuttle service.
Kennedy said, “We extend our heartfelt gratitude to both the buyer and the seller for their collaboration and commitment throughout this process. This achievement marks a new chapter for The Landing Hotel, and we look forward to seeing its continued success under new ownership.”
