INVESTMENT HIGHLIGHTS
EXCELLENT LOCATION IN THE HEART OF LOUISVILLE
The Holiday Inn Louisville Downtown benefits from its prime location in the heart of Louisville, directly across from Louisville’s major medical complexes, which include the 421-bed University of Louisville Hospital and the 605-bed Norton Hospital. The University of Louisville Hospital is home to the region’s only Level I Trauma Center, providing critical care services, and has been recognized as High Performing in multiple adult procedures by U.S. News & World Report. Norton Hospital ranks as the #1 hospital in Louisville and #3 in Kentucky, achieving High Performing status in several specialties, including neurosurgery and oncology. The Hotel is within walking distance of the Kentucky International Convention Center (KICC), a 300,000 square foot facility that hosts over 150 events annually, including premier conventions such as the Kentucky Derby and Kentucky Oaks, the Mid-America Trucking Show, and the National Farm Machinery Show. The KICC is undergoing a $393 million redevelopment, enhancing its capacity with a new multi-purpose building and modernized expo spaces. Located 3 minutes from the KFC Yum! Center, the Hotel benefits from its proximity to one of the largest basketball-specific arenas in the U.S., boasting a 22,000+ seat capacity. As the home venue for the University of Louisville men’s and women’s basketball teams and a major site for high-profile concerts and entertainment events, the arena draws significant overnight demand to the area. The Hotel’s downtown positioning also places it near Louisville Slugger Field, Louisville’s scenic riverfront, and 4th Street Live!, a vibrant entertainment district with restaurants, bars, and live music venues. Louisville is a major leisure destination, welcoming over 16.4 million visitors annually, contributing $3.5 billion in economic impact. Additionally, the Hotel is 8 minutes from the University of Louisville, a 345-acre campus that continues to expand. In Fall 2024, the university set a new enrollment record with 3,125 incoming first-year students. The Hotel is also within 12 minutes of Churchill Downs, the Kentucky Exposition Center, and the Louisville International Airport, 3 of the city’s most significant demand drivers. Churchill Downs is home to the world-renowned Kentucky Derby, attracting over 150,000 attendees annually. The Kentucky Exposition Center is a 1.2-million-square-foot venue hosting major trade shows and sporting events. Louisville International Airport had a record-breaking year in 2024, serving 4.8 million passengers.
HIGH CASH-FLOWING ASSET WITH SIGNIFICANT UPSIDE POTENTIAL
The Holiday Inn Louisville Downtown is a high-performing asset, generating total revenue of $2,912,568 during the Year-End 2024 period. The Hotel achieved a NOI of $1,126,240, marking a 38.7% NOI margin. The Hotel ’s RevPAR ranked #6 of 6 in its competitive set during the Trailing Twelve-Month (“TTM”) period January 2025, highlighting substantial upside potential. A new owner has the opportunity to implement a targeted operational strategy to enhance revenue generation, optimize rate positioning, and improve market penetration. With a focus on driving top-line growth, the Holiday Inn Louisville Downtown is well-positioned to capture greater market share, further strengthening its competitive standing while maintaining its already strong cash flow.
PRIME INVESTMENT IN A HIGH-GROWTH MARKET
The Holiday Inn Louisville Downtown is strategically positioned in a rapidly expanding market that has seen over $2 billion in investment over the past five years. Major developments, including the completion of Lynn Family Stadium, ongoing expansions of Louisville Waterfront Park, and a recently proposed $250 million redevelopment next to Slugger Field, the largest downtown investment in over a decade, are driving significant economic growth. With increasing demand drivers and continued capital investment, the Hotel stands to benefit from Louisville’s sustained revitalization and expanding commercial and leisure sectors.
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ABOUT HUNTER
Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed HUNTER to consistently maximize value regardless of market conditions.
Hunter Hotel Advisors is the founder and producer of the well-known and respected Hunter Hotel Investment Conference. Since their first conference in 1989, they have had a consistent focus on producing an educational and networking format based on real estate and finance for hotel owners.
