Marcus & Millichap

Alexandre Duong


Alexandre Duong is an Associate Director within Marcus & Millichap's National Hospitality Group.  He joined Marcus & Millichap in 2012 and has since become the top hospitality broker in the Midwest and Northeast markets.  Alexandre studied at Cleveland State University where he received a bachelor's degree in operations management. 
Alexandre brings great value to clients through his intimate knowledge of regional hotel markets and has either sold, listed and or analyzed over 130 hotels in his region over the past 24 months.  This expertise allows him to identify and articulate the potential of a hotel as well as assess opportunities and threats to an owner's asset.  It is this knowledge and strong work ethic that has assisted him in receiving the firm's prestigious National Achievement Award, Gold Sales Award (2014 & 2015) and title of #3 ranking agent for 2015. 
Given the ever changing hotel landscape, with hotels at peak revenues, and tightening PIP standards, it is now more crucial than ever to better understand the threats and opportunities regarding the hospitality market to optimize investment strategy and value.  Do not hesitate to call today if you are considering buying, selling, or refinancing your hotel asset. 

Alexandre Duong

Alexandre Duong

Associate Vice President Investments
Tel: (216) 264-2061
Fax: (216) 264-2010

License:  OH  SAL.2012000783
License:  PA  RS322576

Associate Director - National Hospitality Group

Promoted to Senior Associate in July, 2015
Promoted to Associate Vice President Investments in October, 2015

National Achievement Award - 2016, 2015
Sales Recognition Award - 2016, 2015, 2014

Listed Properties

Transactions Closed

  • Holiday Inn & Suites Lima

    Holiday Inn & Suites Lima


    Lima, OH
    Price: $11,000,000
    Size: 116 units
    Cap Rate: 11.18%

  • 51 Estates & New Colony

    51 Estates & New Colony

    Mobile Home Park

    West Mifflin, PA
    Price: $9,500,000
    Size: 288 units
    Cap Rate: 7.06%

  • Holiday Inn Cleveland East - Mentor

    Holiday Inn Cleveland East - Mentor


    Mentor, OH
    Price: $9,400,000
    Size: 132 units
    Cap Rate: 8.80%

  • Fairfield Inn & Suites Cleveland Avon

    Fairfield Inn & Suites Cleveland Avon


    Avon, OH
    Price: $7,150,000
    Size: 82 units
    Cap Rate: 10.39%

  • Hampton Inn DuBois

    Hampton Inn DuBois


    Dubois, PA
    Price: $6,400,000
    Size: 96 units
    Cap Rate: 7.41%

  • Hampton Inn Pittsburgh- West Mifflin

    Hampton Inn Pittsburgh- West Mifflin


    Pittsburgh, PA
    Size: 69 units

  • Holiday Inn Express Columbus Southeast

    Holiday Inn Express Columbus Southeast


    Columbus, OH
    Size: 81 units

  • Comfort Inn Waynesburg

    Comfort Inn Waynesburg


    Waynesburg, PA
    Size: 71 units

  • Cloverleaf Residence Suites

    Cloverleaf Residence Suites


    Dublin, OH
    Price: $5,100,000
    Size: 92 units
    Cap Rate: 13.38%

  • Comfort Inn Butler

    Comfort Inn Butler


    Butler, PA
    Size: 69 units

  • Clarion Dayton Airport Hotel

    Clarion Dayton Airport Hotel


    Englewood, OH
    Size: 148 units

  • Best Western Inn & Suites  Cleveland Airport

    Best Western Inn & Suites Cleveland Airport


    Cleveland, OH
    Size: 64 units

  • Hampton Inn Tiffin

    Hampton Inn Tiffin


    Tiffin, OH
    Size: 65 units

  • Quality Inn & Super 8 Erie

    Quality Inn & Super 8 Erie


    Erie, PA
    Price: $3,690,000
    Size: 203 units
    Cap Rate: 17.23%

  • Holiday Inn Express Mount Pleasant

    Holiday Inn Express Mount Pleasant


    Mount Pleasant, PA
    Size: 68 units

  • Holiday Inn Express

    Holiday Inn Express


    Sunbury, OH
    Price: $3,500,000
    Size: 61 units
    Cap Rate: 8.96%

  • Super 8 Saint Clairsville

    Super 8 Saint Clairsville


    Saint Clairsville, OH
    Size: 62 units

  • Holiday Inn Express Irwin

    Holiday Inn Express Irwin


    North Huntingdon, PA
    Size: 62 units

  • Wingate By Wyndham

    Wingate By Wyndham


    Latrobe, PA
    Size: 80 units

  • Ramada Conference Altoona

    Ramada Conference Altoona


    Altoona, PA
    Size: 216 units

  • Magnuson Grand Hotel Warren

    Magnuson Grand Hotel Warren


    Warren, OH
    Size: 91 units

  • Comfort Inn Belle Vernon

    Comfort Inn Belle Vernon


    Belle Vernon, PA
    Size: 52 units

  • Comfort Inn Conversion-Mayfield Heights

    Comfort Inn Conversion-Mayfield Heights


    Mayfield Heights, OH
    Size: 93 units

  • Holiday Inn Express & Suites

    Holiday Inn Express & Suites


    Findley Lake, NY
    Price: $2,250,000
    Size: 85 units
    Cap Rate: 10.97%

  • Comfort Inn Sidney Ohio

    Comfort Inn Sidney Ohio


    Sidney, OH
    Price: $2,250,000
    Size: 71 units
    Cap Rate: 27.78%

  • Super 8 Marietta

    Super 8 Marietta


    Marietta, OH
    Size: 61 units

  • Clarion Hotel Pittsburgh North

    Clarion Hotel Pittsburgh North


    New Kensington, PA
    Size: 113 units

  • Days Inn Donegal

    Days Inn Donegal


    Donegal, PA
    Size: 51 units

  • America's Best Value Inn

    America's Best Value Inn


    North Lima, OH
    Size: 82 units

  • Best Western Fostoria Inn & Suites

    Best Western Fostoria Inn & Suites


    Fostoria, OH
    Size: 52 units

  • America's Best Value Inn Marion

    America's Best Value Inn Marion


    Marion, IN
    Price: $1,800,000
    Size: 54 units
    Cap Rate: 14.72%

  • Ramada Cleveland Airport West

    Ramada Cleveland Airport West


    Fairview Park, OH
    Price: $1,745,000
    Size: 70 units
    Cap Rate: 16.85%

  • Knights Inn Canton

    Knights Inn Canton


    Canton, OH
    Price: $1,300,000
    Size: 80 units
    Cap Rate: 23.57%

  • Reesman's MHP

    Reesman's MHP

    Mobile Home Park

    Waynesburg, PA
    Price: $1,246,755
    Size: 102 units
    Cap Rate: 12.13%

  • Quality/ Red Roof Conversion Kenton

    Quality/ Red Roof Conversion Kenton


    Kenton, OH
    Price: $675,000
    Size: 60 units
    Cap Rate: 40.06%

  • South Hamilton Hotel Land

    South Hamilton Hotel Land

    Land - Hotel/Motel

    Columbus, OH
    Price: $250,000