SpringHill Suites by Marriott Kanab is currently listed for sale exclusively through US Hotel Advisors.
SpringHill Suites by Marriott Kanab offers a rare opportunity to acquire a newly built, premium-branded, all-suites hotel in one of the Southwest’s gateway markets. Completed in August 2024, the 127-room property combines best-in-class design and operational efficiency.
Strategically positioned at the intersection of Zion, Bryce Canyon, and Grand Canyon National Parks, Kanab serves as the central basecamp for millions of annual visitors exploring the “Grand Circle”. The region continues to benefit from strong tourism growth, limited lodging supply, and increasing demand for branded accommodations.
The Property leverages the strength of the SpringHill Suites flag, Marriott’s upscale all-suites brand, offering loyalty-driven bookings, robust national sales channels, and consistently high guest satisfaction scores. Thoughtfully designed suites, expansive public spaces, modern amenities, and EV charging stations cater to leisure and highway travelers.
Offered at a discount to replacement cost, this newly delivered asset provides investors with a brand new, high quality, well-branded asset with minimal near-term capital requirements and long-term growth potential in a high-demand destination market.
New Build Ground-up construction was completed in August 2024 for the four-story 127-unit turnkey property.
Best in Breed Branding SpringHill Suites by Marriott is one of the best performing brands in the nation.
Significant Regional Tourism Growth & Stability The Property is situated amongst several renowned nature-oriented tourist destinations, including the #2 and #3 most visited national parks, that provide consistent and stable demand generators.
Unencumbered
The fee simple Hotel is currently managed in-house, providing operational upside for a reputable management company.
Market Growth
The market has many large commercial and residential developments either approved or pending approval providing a strong long term growth outlook for the market.
Discount to Replacement Cost
This new Property can be acquired at a significant discount to replacement cost.