INVESTMENT HIGHLIGHTS
The Courtyard Albany Thruway is strategically located directly off I-90 and across the street from the University at Albany, a premier public research university and leading R1 research institution. Spanning 610 acres, the university enrolled 17,500 students in Fall 2024, representing a 4% increase from the previous year. UAlbany generates a $1.1 billion economic impact in the Capital Region and is home to several prestigious research centers, including the RNA Institute, the Atmospheric Sciences Research Center, and the College of Emergency Preparedness, Homeland Security & Cybersecurity. Situated just 3 minutes from the Albany NanoTech Complex, the largest and most advanced semiconductor research and development facility in North America, the Hotel benefits from significant demand driven by this growing technology hub. The 1.65-million-square-foot complex is home to 2,700 employees, including 700 from IBM, with an additional 300 employees planned as part of IBM’s expansion efforts. The facility recently secured $825 million in federal funding to establish a cutting-edge computer chip research center, reinforcing its role as a premier hub for next-generation semiconductor development and housing the first National Semiconductor Technology Center (NSTC). As the capital of New York, Albany is also a key center for government-related demand. The New York State Police Headquarters and the State Department of Taxation and Finance are located within 3 minutes of the Hotel. The State Police Headquarters alone trains approximately 14,000 people annually, creating consistent activity in the area. Additionally, Downtown Albany, just 10 minutes away, is home to several government offices and cultural attractions. Notable landmarks include the New York State Capitol, a stunning 19th-century architectural masterpiece, and The Egg, an iconic performing arts venue in the Empire State Plaza.
The Fairfield Inn & Suites Albany Airport is strategically located directly off I-87, providing convenient access to key demand drivers in Albany. The Hotel is just 6 minutes from Albany International Airport, which experienced one of its busiest years in 2024, serving 1.5 million passengers. Spanning 1,200 acres, the airport is undergoing a $110 million expansion that includes a 30,000-square-foot addition to Concourse A and the construction of 2 new passenger gates. The project, set for completion by the end of 2025, will significantly enhance the airport’s capacity and amenities. The University at Albany, located 8 minutes from the Hotel, is a premier public research university and a leading R1 research institution. The university enrolled 17,500 students in Fall 2024, a 4% increase from the previous year, and spans 610 acres. UAlbany generates a $1.1 billion economic impact in the Capital Region and is home to several prestigious research centers, including the RNA Institute, the Atmospheric Sciences Research Center, and the College of Emergency Preparedness, Homeland Security & Cybersecurity. The Hotel is also 8 minutes from the Albany NanoTech Complex, the largest and most advanced semiconductor research and development facility in North America. This 1.65-million-square-foot complex employs 2,700 people, including 700 from IBM, which plans to add 300 more employees as part of its expansion. The facility recently secured $825 million in federal funding to establish a cutting-edge computer chip research center and will host the first National Semiconductor Technology Center (NSTC), further solidifying its position as a premier hub for next-generation semiconductor development. Additionally, Downtown Albany, located 15 minutes away, serves as the political and cultural center of the region. Notable landmarks include the New York State Capitol, a stunning 19th-century architectural masterpiece, and The Egg, an iconic performing arts venue in the Empire State Plaza. The nearby New York State Museum offers insights into the state’s history and culture.
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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.
