
East Boothbay inn sells to second-time Maine buyer in off-market deal
An oceanfront inn in East Boothbay has sold to a buyer who purchased his first property in Maine before the pandemic.
Read More
For snowmobilers and business travelers, Jackman motel is a mainstay
Along Maine’s northern border in the Somerset County town of Jackman, Bishop's Country Inn Motel is a mainstay for visitors and business travelers.
Read More
Bethel Inn Resort purchased by Massachusetts hotel group
Crowned as “America’s best ski town” by USA Today in 2019 and increasingly known as a summer destination for its growing trail system, Bethel’s year-round market was a top attraction for a Quincy, Mass., hotel group that acquired Bethel Inn Resort this week.
Read More
NH restaurant group brings its taste for all-day brunch to Maine
A pair of Portsmouth, N.H., restaurateurs plan to open the first Maine location for their all-day-brunch eatery.
Read More
Seller becomes buyer in hospitality market, leveraging 1031 exchange
Leveraging an exchange under section 1031 of the IRS tax code, the seller of Beach Motel & Suites at 5 Summit St. in Old Orchard Beach followed up with the purchase of Water’s Edge restaurant at 306 Eddy’s Road in Edgecomb.
Read More
Historic hotel in Southwest Harbor sold to Kennebunkport hotelier
A hotel in Southwest Harbor dating to 1884 and well-known to local residents has sold to a Kennebunkport-based company.
Read More
Pandemic drives surge of hotel transactions
The completion of four lodging transactions just before and during the advent of the pandemic was only the start of an unexpected surge of activity that has continued through the health crisis.
Read More
Boothbay Region inn owners expand their footprint with Camden purchase
The new owners of Cedar Crest Inn in Camden say its three acres, along with four acres on an adjoining property, provide plenty of opportunity for expansion if they decide that’s what they want to do at a later date.
Read More
Sale of Ocean Gate Resort signals confidence in Boothbay economy
SOUTHPORT — Thad Paul, purchaser of Ocean Gate Resort at 70 Ocean Gate Road in Southport, sees opportunity in the Boothbay Region’s growing visitor market.
Read More