PORTFOLIO SUMMARY
Hunter Hotel Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire the Extended Stay America Portfolio, a collection of 15 extended stay hotel properties totaling 1,543 keys located throughout Texas and Oklahoma. Spanning across markets with numerous demand drivers, the Portfolio presents a unique opportunity to establish a well-diversified presence in the high demand extended stay hotel market. With a strong mix of corporate and leisure demand, the Portfolio’s performance has proven its resiliency during any economic climate. The Portfolio has consistently achieved positive rate growth over the last five years, with current rates surpassing pre-covid levels by over 20%. The properties are institutionally owned and managed, providing an excellent opportunity for regional operators to drive additional value through a revamped management strategy.
The extended stay segment has proven to be an attractive sector due to its lean operating model, high yield, and consistent profitability driven by a diverse customer base and increased average length of stay.
Call for Offers: Wednesday, July 12th. All offers must be submitted by 5:00 pm.