What is the story about?
What's Happening?
The Holiday Inn Express & Suites in Floresville, Texas, is now on the market, presenting a strategic investment opportunity. Located in the Eagle Ford Shale region, a key area for oil and gas production, the hotel is priced below replacement cost. The property has shown strong financial performance, with an average annual revenue of $1.9 million over the past three years. It operates under the Holiday Inn Express & Suites franchise, part of the InterContinental Hotels Group (IHG), and offers a 15-year license agreement to new investors upon completion of required property improvements.
Why It's Important?
The sale of the Holiday Inn Express & Suites in Floresville represents a significant opportunity for investors looking to capitalize on the robust economic activity in the Eagle Ford Shale region. The hotel's strategic location ensures consistent demand from the oil and gas sectors, while its affiliation with IHG provides a competitive advantage through brand loyalty and customer retention. This investment is further supported by the local economic drivers, including festivals and historical sites, which contribute to the hotel's occupancy and revenue streams. The property's pricing below replacement cost enhances its appeal to potential investors seeking stable returns.
AI Generated Content
Do you find this article useful?
