Newmark Lodging Capital Markets has been exclusively retained to offer for sale the fee simple interest in a pair of high-quality, recentlydeveloped select-service hotels ideally situated 2 miles from Panama City Beach. The 109-key Fairfield Inn & Suites Panama City Beachand 83-key Home2 Suites Panama City Beach (the “Hotels”, “Properties”, or “Assets”) are centrally located to Panama City Beach’s diverseleisure and military demand generators. The Properties are located just a short drive from the city’s famous beaches, Pier Park, PublixSports Park, Tyndall Airforce Base, and the future FSU Health Acute Care Facility. The Hotels are offered as a flexible portfolio, with the opportunity to acquire the assets as a portfolio or individually. In addition to a diverse,oversized guestroom product, the Hotels each offer a variety of amenities including outdoor pools, fitness centers, and complimentarybreakfast. Both hotels boast strong market performance with JulyTTM RevPAR Index achieving 127.8% and 148.8% at Fairfield and Home2,respectively. The market leading performance is driven by recent renovation and recent construction, institutionally maintained physicalassets, strong brand affiliations, and diverse room products. Benefitting from a highly constrained supply pipeline in the submarket with nocompetitive new hotels under construction within 10 miles, the strong performance is expected to continue at the Hotels. The offering represents a compelling opportunity to acquire one or both assets in one of the nation’s most reliable and robust leisuremarkets as well as to grow existing cash flow and capitalize on premium-branded, efficient select-service operations.