A national commercial real estate website is soliciting bids for a possible sale of the Davenport Hotels.
Real Capital Markets listed the hotels as represented by a brokerage in Scottsdale, Arizona.
Walt Worthy, who owns the Spokane hotels along with his wife, Karen, said Tuesday they are happy running the hotels and that everything at the hotels is “doing great.”
He noted, however, that interest rates are low and it seemed like a good time to test the water “to see if there’s an offer we can’t refuse.”
“I’m not in any big hurry to sell but at the right price, I’m willing to do it,” Worthy said. “More than likely we’re going to continue doing what we’re doing.”
Worthy, 69, said he will only entertain offers to buy all three of his hotels, the Davenport, Davenport Tower and the Davenport Grand Hotel.
“In the next 10 or 15 years we’re going to sell the hotels,” he said. “It would be nice if you could do it before you die.”
He added: “But we’re in great health.”
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