PROPERTY OVERVIEW

 

Excellent Location Near Numerous Demand Generators

The DoubleTree by Hilton Lake Charles West Sulphur is conveniently located off I-10, within close proximity to key attractions and demand drivers. Directly adjacent to the hotel is the West Cal Arena and Events Center, featuring 135,000 square feet of events space with a capacity of 1,800. This venue hosts an impressive 173 events annually, contributing a substantial $35 million to the local economy. Notable events held here include the 2nd largest Mardi Gras festival in Louisiana, the Louisiana Pirate Festival, and the Marshland Festival, which draw crowds from across the region. The hotel is just a 9-minute drive from the area’s premier casinos, including the Golden Nugget Casino and L’Auberge du Lac Casino. Together, these venues feature over 3,200 slot machines and 18 table games, with L’Auberge du Lac Casino alone attracting over 400,000 visitors each month. The gaming industry stands as the largest tourism driver in Calcasieu Parish, generating over $1 billion in annual revenue. The hotel is also strategically located near key industrial players, such as the CITGO Petroleum Refinery, which is only a 9-minute drive away. As the largest CITGO refinery and the 7th largest refinery in the U.S., it produces 463,000 barrels daily and provides employment for 1,000 people, contributing a staggering $507 million to the economy. Other significant refineries, including Sasol Chemicals and Westlake Chemical, are within a 10-minute drive from the hotel. Furthermore, Chennault International Airport is just 20 minutes from the hotel, facilitating approximately 24,000 aircraft operations annually and generating a $380 million economic impact. The airport is currently undergoing a $20 million investment to enhance its facilities, ensuring its capacity for future growth. 

 

Offered Below Replacement Cost in High Growth Market

The DoubleTree by Hilton Lake Charles West Sulphur is being offered at a discount to replacement cost in a growing market. The area is set for significant economic growth with the upcoming Lake Charles Methanol manufacturing plant, a $3.24 billion investment that will create over 720 permanent jobs. The development will also create more than 2,300 construction jobs with commercial operations scheduled to commence in late 2027. The offering presents an opportunity to buy into an exponentially growing market at an attractive basis. 

 

Institutional Hilton Branded Asset

Hilton’s DoubleTree brand is one of the strongest brands in the Hilton 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 Hilton properties are backed by the Hilton Honors reward program which boasts over 190 million members across 18 brands and more than 7,600 hotels worldwide.

 

330 Arena Rd, Sulphur, LA 70665