Hotel AG Announces Call for Offers on the Sleep Inn in Hardeeville, SC
Hotel Assets Goup is announcing a call for offers for the Sleep Inn in Hardeeville, SC. The call for offers will be held on Tuesday, March 1, 2016.
The Sleep Inn Hardeeville is located at the intersection of Interstate 95 and U.S. Route 17 (Speedway Blvd), just 15 miles from the Savannah/ Hilton Head International Airport. Due to the Hotels location, the Hotel benefits from a significant amount of walk-in business, which puts less stress on filling the hotel will lower-rated business (OTA , group, contract).
On a year-to-date April 2015 basis, the Hotel achieved outstanding RevPAR growth of over 26%, which resulted in approximately $78,000 of additional room revenue compared to 2014.
Newly renovated Hotel in high-growth market – Current ownership has invested approximately $171,000 in improvements to the Hotel. The attractive age (currently 12.5 years old) and considerable capital invested makes the Sleep Inn Hardeeville one of the premier midscale lodg- ing destinations in the market.published: 02-25-2016