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9191 Wickham Rd, Romulus, MI 9095 Wickham Rd, Romulus, MI
Wyndham Garden & Travelodge (Romulus Detroit Airport)
Asset ClassHotel & Hospitality
# Keys: 303Land: 9.27 Acres# Buildings: 2Access Data Room
2 Brands, 1 Lot, Airport Corridor: Significant Value Add Opportunity
overview of deal

Overview

NewGen Advisory presents an opportunity to acquire two Detroit Airport-area hotels totaling 303 keys at an exceptional basis of ~$29,000/key, well below replacement cost. The offering combines immediate scale with a clear value-add centered on brand repositioning.

 

The Travelodge is positioned for conversion to City Express by Marriott, unlocking access to Marriott Bonvoy distribution, meaningful ADR growth, and a modern product aligned with airport demand. At a current ~50% RevPAR index, brand conversion represents a credible path toward doubling revenue.

 

The Wyndham Garden provides full-service offerings with an interior atrium amenity and on-site restaurant, strengthening guest experience and extended-stay appeal.

 

Both assets benefit from the high-demand DTW corridor, supported by airline crews, logistics activity, automotive suppliers, and contractor traffic. Upon stabilization and rebranding, the portfolio offers compelling exit upside through improved operating margins and stronger RevPAR.

Investment Highlights

  • Priced at $29K/key: Rare acquisition well below replacement cost and airport-market norms.
  • 303 rooms, dual brands: Scale and operational efficiency with strong upside for hands-on operators.
  • Value-add: Reposition Travelodge to City Express by Marriott, elevating ADR and brand strength.
  • High-demand DTW corridor with year-round drivers—airline crews, logistics, auto suppliers, contractors.
  • Significant exit upside through improved margins, stronger RevPAR, and competitive brand positioning.
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9191 Wickham RdRomulus, MI 48174

Sales Team

Ryan J BodineSenior Vice President

License #: AZ - BR661940000 | UT - 11605059-PB00

(480) 236-9918ryan.bodine@newgenadv.com
Edward WalshDesignated Broker

License #: MI 6502348345

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