JLL’s Hotels & Hospitality group facilitates sale of 50-room, recently renovated hotel
News release
08 January 2025
Parker Beach Lodge on Cape Cod, MA sold
Your browser doesn't support speech synthesis.
Listen to article •
: 1 sec
BOSTON, Jan. 8, 2025 – JLL’s Hotels & Hospitality group announced today the sale of Parker Beach Lodge, a 50-room, recently renovated hotel on Cape Cod, Massachusetts.
JLL represented a private owner in the transaction. The hotel will be managed by Jamsan Hotel Management for the new ownership group.
Recently reopened after undergoing a major renovation in 2021 and 2022, the Parker Beach Lodge is in turnkey condition, ready to welcome the new owner. The property features 50 stylishly designed rooms, including two spacious suites. Each room is outfitted with an updated, airy beachfront design equipped with smart TVs and bath/shower combo along with a wet bar with a mini-fridge, sink and microwave. The hotel also offers an outdoor pool and the Parker Swim Shop, which provides beach toys, snacks and other items for sale.
Located at 192 S Shore Drive in South Yarmouth, Massachusetts, the hotel is ideally situated off MA Route 28, just a short distance from Hyannis, Boston, and Providence. The Parker Beach Lodge is also steps away from Parker’s River Beach, one of Yarmouth’s popular beaches.
The JLL Capital Markets Investment Sales and Advisory team was led by Managing Director Alan Suzuki, Senior Director Matthew Enright and Associate Emily Zhang.
JLL’s Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totalling $83 billion worldwide. The group’s 370-strong global team in over 20 countries also closed more than 7,350 advisory, valuation and asset management assignments. Our hotel valuation, brokerage, asset management and consultancy services have helped more hotel investors, owners and operators achieve high returns on their assets than any other real estate advisor in the world.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 111,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Jamsan Hotel Management
Jamsan is a mid-sized New England based hotel & asset management company, which is recognized by its investors, franchisers and clients as quality intensive. Jamsan owns & manages a wide variety of properties in the North East United States. Jamsan works with all the leading national brands such as Hilton, Marriott International, Hyatt Hotels Choice Hotels, Best Western International and Intercontinental Hotel Group to provide a unique lodging solution for the greater New England region. Jamsan’s expertise includes development, third party hotel operations, hotels sales and marketing, advertising & asset management.