INVESTMENT HIGHLIGHTS
Prime Location Near Numerous Demand Drivers
The 110-key Hampton Inn West Palm Beach Florida Turnpike is ideally located at the intersection of Florida’s Turnpike and State Highway 704, near numerous demand drivers. Palm Beach International Airport (PBI), just six miles from the Hotel, served over 8.4 million passengers in 2024—an 8.2% increase from the previous year. Recent modernization efforts at PBI, including enhancements to Concourse B and expanded parking facilities, further improve the traveler experience. A major regional demand driver, Manheim Palm Beach is part of North America’s leading vehicle auction network, facilitating $57 billion in annual transactions across 127 locations. The 350,000-square-foot Palm Beach County Convention Center serves as a key hub for both corporate and leisure events. Less than five miles from the Hotel is the iTHINK Financial Amphitheater, a 19,000-seat open-air music venue that hosts numerous concerts throughout the year. Additionally, the Hotel benefits from proximity to premier leisure attractions, including Trump International Golf Club West Palm Beach, Tanger Outlets Palm Beach, CityPlace in downtown West Palm Beach, the Raymond F. Kravis Center for the Performing Arts, and the scenic Palm Beach beachfront. With limited land available for development, stringent zoning laws, and proximity to numerous demand drivers, the area is considered a high barrier-to-entry market for hotel development.
Recently Renovated Asset with Ramping Upside
The Hotel recently completed a comprehensive $4.4 million ($40,000/key) renovation, featuring upgraded guestrooms, refreshed common areas, a modernized fitness center, and enhanced exterior aesthetics. With operations now stabilizing, a buyer has the opportunity to acquire a newly renovated, cash-flowing asset with significant upside potential as occupancy and ADR continue to ramp up post-renovation.
Differentiated Room Products with Limited New Supply
Featuring 40 Deluxe King rooms and an average room size of 458 square feet across all room types, the Hotel offers a competitive advantage within its market. Additionally, 15 rooms feature expansive layouts exceeding 660 square feet, further enhancing the Hotel's ability to capture premium rates. This well-balanced mix of spacious suites and deluxe rooms enables the Hotel to command higher ADR by appealing to both leisure and business travelers seeking elevated accommodations. With no new hotel developments planned within a five-mile radius, a buyer can benefit from stable, in-place cash flows without the immediate threat of new market entrants. This combination of a superior room product and restricted new supply supports sustained operational performance and long-term value.
Operational Upside with Revamped Management Approach
The Hampton Inn West Palm Beach Florida Turnpike is currently institutionally managed, presenting the Buyer with an opportunity to implement a revamped management strategy. With a more localized management approach, new ownership will be able to improve on efficiencies and lower costs compared to those of a larger, institutional management company.
LISTING CONTACTS
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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.
