Holiday Inn Downtown
Shreveport, LA
102 Lake Street Shreveport, Louisiana 71101
PROPERTY SUMMARY
Opportunity Overview
- Fee- Simple Interest in the 190-key Holiday Inn Downtown Shreveport
- Multiple brand repositioning opportunities - PIP available for dual-brand Marriott conversion (TownePlace Suites + Fairfield Inn) accessing Bonvoy's 200M+ member network, or dual-brand IHG conversion (Holiday Inn + Candlewood Suites), while maintaining option to optimize as single-flag Holiday Inn
- Unencumbered Asset and Absentee Ownership - Offered unencumbered by debt and management, and significant operational upside for a prospective buyer transitioning from absentee ownership
Investment Highlights
- Accelerating Market Momentum - Market RevPAR surged 7.4% in the past 3 months, outperforming the 12- month growth rate of 6.5%, signaling a strong upward trend in demand
- Strong Segment Performance - The Upscale & Upper Midscale competitive set achieves 67.3% Occupancy and $116 ADR, significantly outperforming the economy segment ($65 ADR)
- Extended-stay premium capture - Either Candlewood Suites or TownePlace Suites conversion targets lucrative long-term project demand from Barksdale AFB defense contractors, healthcare system expansions, and energy sector field teams - segments that command higher ADR and lower cost-to-serve
Strong & Diverse Demand Generators
- Institutional Stability - Located near Barksdale Air Force Base and major medical centers (LSU Health Sciences, Willis- Knighton Health System), ensuring steady government and healthcare- related room nights
- Corporate & Leisure mix - Ideally situated to capture traffic from the I- 20 corridor and the bustling Shreveport- Bossier entertainment district
- Regional Growth - The broader Louisiana North market continues to see strengthening demand fundamentals across military, medical, and gaming sectors, including the recent $124 million investment by 50 Cent (Curtis Jackson) to transform Shreveport, Louisiana, into a major film, music, and entertainment hub
