PROPERTY OVERVIEW
Excellent Location
The Holiday Inn Express & Suites Savannah Gateway is located in a densely developed commercial and retail corridor off I-95, south of Downtown Savannah. Located 15 minutes from Savannah’s Historic District and Savannah/Hilton Head International Airport, the Hotel is near Savannah’s top attractions including River Street, City Market, and Forsyth Park. The Hotel is only 20 minutes from Coastal Georgia Botanical Gardens, Hunter Army Airfield, Savannah Mall, Georgia Southern University Armstrong, and Savannah State University, and is near beaches of Tybee Island and Hilton Head Island. Further driving demand in the area are youth sports venues including L Scott Stell Park, 10 minutes from the Hotel, which consists of multiple soccer, baseball, and softball fields. Additionally, within 20 minutes from the Hotel is the Port of Savannah and Savannah’s new 550-acre Central Port Logistics Center driving substantial and on-going demand to the Hotel. Savannah is a top tourist destination attracting more than 15 million visitors annually. The city’s thriving tourism industry generates an economic impact of $3.3 billion to the area, driving significant demand from around the country.
New IHG Hotel Being Offered Below Replacement Cost
The Holiday Inn Express & Suites Savannah Gateway is offered at a discount to replacement cost in a rapidly growing tourism market. Savannah has experienced a 25% increase in tourists over the last decade, now welcoming over 15 million visitors annually. These visitors contribute $3.3 billion in direct spending and support 26,000 jobs. Savannah consistently ranks among the "Top Cities in the U.S." by Condé Nast Traveler and Travel + Leisure. This offering presents a unique opportunity to invest in an institutional quality hotel in a booming market.
Booming Industrial & Logistics Market
Savannah is experiencing significant growth, largely driven by the rapid expansion of its port, which is now one of the fastest-growing in the United States. The Port of Savannah's ongoing expansion includes a $6.5 billion investment plan, with $2 billion already underway. This expansion is expected to increase the port's capacity to accommodate the surge in cargo traffic, reinforcing Savannah's position as a vital logistics hub. Additionally, the development of the 550-acre Central Port Logistics Center, with its 7.2 million square feet of industrial space, is a key part of this growth, further attracting companies involved in manufacturing, distribution, and logistics. This surge in infrastructure and industrial activity is set to create nearly 1,500 jobs, further boosting Savannah's economic landscape.
Premium Select Service IHG Branded Asset
IHG’s Holiday Inn Express & Suites brand is one of the strongest brands in the IHG family. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All IHG properties are backed by the IHG Rewards Loyalty Program, which boasts over 100 million members across 16 brands and more than 5,200 hotels worldwide.
1 Martin Ct, Savannah, GA 31419