Marketplace
Accepting offers

DoubleTree by Hilton Davenport

Davenport, IowaFull-service hotelAccepting indications of interest
Price guidance
$44.6M guidance
Keys
221
TTM revenue
$13.5M
NOI
$3.8M
Occupancy
75%
ADR
$157
RevPAR
$118
Cap rate
8.5%

Public summary

221-key DoubleTree by Hilton hotel in Davenport, IA. Upscale full-service asset with branded distribution and Davenport, Iowa demand drivers.

  • DoubleTree by Hilton flag with national reservation distribution
  • Upscale full-service operating model in the Davenport market
  • 221 keys with in-place cash flow and brand-standard condition

Seller

Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.

Company
Hawkeye Hotels
Headquarters
Coralville, Iowa
Deal room
Seller approval required
Process
Offers accepted online

Asset and market overview

Location

Davenport, Iowa draws corporate, leisure, and event demand that supports the DoubleTree by Hilton flag.

Asset

Full-service hotel operating under the DoubleTree by Hilton brand, offered as an individual asset.

Upside

  • Revenue management optimization
  • Expense benchmarking against comp set
  • Negotiated corporate account growth

Property facts

Year built
Last renovated
Brand class
Upscale full-service
Brand family
Hilton
Keys
221
Address
Davenport, Iowa — full address shared with approved buyers