INVESTMENT HIGHLIGHTS
EXCELLENT LOCATION
The Hyatt Place Miami Airport-West/Doral is a 124-key hotel strategically located in a major commercial and retail corridor, only 15 minutes from Miami International Airport (MIA), which served over 52 million passengers in 2023. Doral is known for its premier retail destinations, lively entertainment complexes, and world-class golf courses. In the heart of Doral, only 10 minutes from the hotel, is the Miami International Mall, featuring over 140 stores, as well as several restaurants and a movie theater. Located 7 minutes from the hotel is the Blue Monster Golf Course at Trump National Doral, which has hosted numerous PGA tour events over the years. Additionally, due to the hotel’s prime location, it is within close proximity to numerous Miami attractions and corporate offices. Within a 10-minute drive from the hotel, several corporate offices, such as UPS, FedEx, and Boeing, generate strong corporate demand. Additionally, within 8 minutes from the hotel is the new mixed-use development, Oasis of Doral, which will feature 630 residential units and 185,000+ square feet of retail space, including food and beverage outlets, expected to break ground in 2025. Furthermore, the hotel provides easy access to numerous popular attractions, including the Kaseya Center, Marlins Park, iconic South Beach, Dolphin Mall, and the Wynwood Arts District.
OPERATIONAL UPSIDE WITH REVAMPED MANAGEMENT APPROACH
The Hyatt Place Miami Airport West/Doral 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.
OFFERED BELOW REPLACEMENT COST IN HIGH GROWTH MARKET
The Hyatt Place Miami Airport West/Doral is being offered at a discount to replacement cost. Miami International Airport is undergoing a transformative $7 billion Capital Improvement Program, known as “Future Ready,” spanning 15 years and encompassing over 150 projects. This initiative is set to prepare the airport for an anticipated 77 million passengers by 2040, reinforcing Miami’s status as a major global travel hub and driving sustained economic growth in the region. The offering presents an opportunity to buy into an exponentially growing market at an attractive basis.
INSTITUTIONAL HYATT BRANDED ASSET
Hyatt’s portfolio contains over 1,300 properties in more than 75 countries across the globe. All Hyatt properties are backed by the World of Hyatt rewards program with more than 40 million members in the program worldwide. A member can earn points from Hyatt stays, dining, and spa services and redeem them for free hotel nights, room upgrades, hotel credits, experiences and more.
LISTING CONTACTS
PHOTO GALLERY
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.
