INVESTMENT HIGHLIGHTS
HUNTER HOTEL ADVISORS has been exclusively retained to solicit offers to acquire the 139-room Hampton Inn & Suites El Paso Airport. The hotel benefits from proximity to the El Paso Airport and various demand generators. The El Paso Airport, the busiest commercial airport in West Texas, serves the region alongside Southern New Mexico and Northern Mexico, managing over 3.9 million passengers and 96,316 aircraft operations in 2023. The hotel’s immediate area is home to numerous distribution facilities, medical centers, and college campuses, all in close proximity. The hotel benefits from a diverse array of demand generators, including Fort Bliss, the University of Texas at El Paso, Sun Bowl Stadium, and major oil and gas companies like Andeavor, all within 15 minutes from the hotel. Additionally, the area is home to Fortune 500 companies and major entities such as ADP, Boeing, Charles Schwab, Delphi, Dish Network, Hoover, Raytheon, USAA, and Verizon Wireless, which all have offices in El Paso.
Investment Highlights:
- Fee-simple interest in an Institutional quality, extended stay hotel with strong, in-place yield
- Fully-renovated in 2023 providing the new owner the ability to immediately benefit from continued post-renovation RevPAR growth
- As of TTM November 2024, the Hotel is generating $106 RevPAR which is a 10.6% increase year-over-year
- Limited supply pipeline: Per CoStar as of July 2024, there is only one hotel in the airport submarket under construction – 98-room Tru scheduled to open in late 2025
- Institutionally owned and will be sold unencumbered of management providing significant operational upside
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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. After celebrating their 35th year this past March, the next conference will be held March 18-20, 2025 at the Atlanta Marriott Marquis.
