Stable Performance with Upside Potential

• The hotel has consistently generated strong rooms revenue, averaging $2,397,551 over the past five years, showcasing resilience even during challenging periods like the COVID-19 pandemic.

• Under experienced ownership, there is significant potential to optimize operations, such as reducing the 2024 payroll costs to a more cost-effective range, which could result in a substantial increase in net profitability.

Ideal Opportunity for an Experienced Owner/Operator

• The 74-key count is considered an ideal size for an experienced owner/operator, offering new ownership a blank slate to ramp up operations and the ability to increase both revenues and net operating income (NOI) flow-through.

High-Barriers-to-Entry Market

• Due to soaring land prices and strict height restrictions on construction, developing a hotel in this area presents significant financial and architectural challenges.

• The construction of only three new hotels since 2006 has alleviated concerns about competition, highlighting the rarity of new developments and removing additional competitive pressures.

  • The Island Hotel – January 2008

  • Hampton Inn & Suites by Hilton Port Aransas – May 2013

  • The Place Hotel at Port Aransas – March 2017

Excellent Location near Leisure Demand Generators

• The property is conveniently situated right off of Avenue G, less than one-half mile from the beach and near many other key attractions, such as the Port Aransas Museum, Leonabelle Turnbull Birding Center, Red Dragon Pirate Cruises, Port Aransas Fishing Pier, Dolphin Dock Charters, Port Aransas Ferry Landing, WWII Gun Mounts, and Roberts Point Park, allowing for a strong capture of leisure demand.

Holiday Inn Express & Suites Franchise

• Upon approval from the franchisor and completion of the brand-mandated change-of-ownership PIP, an investor can expect a new, 15-year license agreement with InterContinental Hotels Group (IHG).

• The award-winning IHG Rewards loyalty program is one of the largest in the hotel industry, offering members more choices to redeem their points than any other hotel loyalty program in the world. Serving over 100 million enrolled members worldwide, IHG Rewards is an effective tool for driving customers to IHG hotels and creating brand loyalty.