Holiday Inn Express & Suites

Confidential Listing

Due Diligence Access

YoY RevPAR Growth


 

RevPAR Growth

The Grandview Market has demonstrated strong performance, as evidenced by consistent year-over-year REVPAR growth for both the Holiday Inn Express and its competitive set. Even more compelling is the fact that REVPAR continued to rise for both the market and the HIE despite the addition of new supply, with the Comfort Suites opening in 2021.

 

Deal Summary

$2.6mm in Gross Revenue

  • Property Type Hospitality - Select Service
  • Year built 2008
  • Price 10,500,000
  • Number of Room 72
  • Development Site $1,000,000

Overview

Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Holiday Inn Express & Suites (hereinafter “Property” or “Hotel”), a select-service hotel.

The seller has not notified the staff and therefore does not want any unannounced tours. Please be respectful of this request to retain the staff.

The Property is a four-story interior corridor hotel that opened in 2008 with 2+ acres of adjacent land for additional development. The Hotel has a complimentary grab and go breakfast, breakfast dining area, indoor heated pool, fitness center, WiFi, and onsite guest self-laundry room. There are over 1,000 square feet of meeting space and a business center. The Property offers 72 non-smoking guestrooms with King and Queen bed options. Guestrooms include Wi-Fi Internet access, a work desk, easy chair, microwave, mini-refrigerator, coffee maker, and 43 inch flat-screen television. Select guestrooms offer connecting rooms. Holiday Inn Express luxury amenities are provided in each guestroom.

Highlights

72 Non-smoking guestrooms

Four-Story, Interior Corridor
IHG Family of Brands

YoY RevPAR Growth

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Team

Christopher Kilcullen

Christopher Kilcullen

Senior Hospitality Broker
Avison Young
+1 303 250 8338
Rick Dames

Rick Dames

Managing Director
Avison Young - US - MO - St. Louis
O 314 968 0220
D 314 785 7605