The only hotel near the Rochester International Airport changed hands Thursday, though the original developer didn't completely check out of the business.
The AmericInn Hotel & Suites Rochester, at 7320 Airport View Driuve SW, was purchased by Cary and Laurie Turner's CLT Investments of Prairie Du Chien, Wis. The couple also owns hotels in Prairie Du Chien, La Crosse, Wis., and elsewhere in the region.
The seller, Rochester's Titan Development & Investments, said it will remain partially invested as a partner in the 16-year-old hotel. However, Titan no longer will be involved in the management of the 72-room hotel.
Financial details of the sale were not released by Titan.
Titan CEO Andy Chafoulias originally built the hotel in 2001 and opened it under the Sleep Inn & Suites brand. The hotel is built on land Chafoulias leased from the city of Rochester.
In 2010, the hotel parted ways with the Sleep Inn name and temporarily became the independent Airport Event Center Hotel.
The hotel joined the AmericInn brand in 2010. While Chafoulias remained an owner, Joe Powers, of the nearby Rochester International Events Center and Ground Round restaurant, and well-known Rochester hotelier Myron Salz, of the Centerstone Plaza Hotel, stepped in as managing investors to run the hotel operations. It employed a staff of about 17 at the time.
Chafoulias said in Thursday's announcement of the sale that selling to the Turners was a good opportunity for Titan, which is busy with many other developments, such as the recently completed H3 Plaza tower in downtown Rochester.
“With the numerous focuses that we have around Rochester and across the country, we felt that it was a good time to sell the AmericInn," Chafoulias stated in the news release. "It’s a great hotel with consistently solid numbers, and we foresee a very successful future for it.”
The new owners have "immediate plans of enhancing the hotel’s exterior and interior," according to Titan.