Marketplace
Teaser live
Le Meridien St. Louis Downtown
St. Louis, MissouriLifestyle / soft brand hotelSeller reviewing early interest
- Price guidance
- $24.8M guidance
- Keys
- 91
- TTM revenue
- $6.9M
- NOI
- $2.0M
- Occupancy
- 76%
- ADR
- $198
- RevPAR
- $150
- Cap rate
- 8.1%
Public summary
91-key Le Meridien hotel in St. Louis, MO. Upscale lifestyle asset with branded distribution and St. Louis, Missouri demand drivers.
- Le Meridien flag with national reservation distribution
- Upscale lifestyle operating model in the St. Louis market
- 91 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
St. Louis, Missouri draws corporate, leisure, and event demand that supports the Le Meridien flag.
Asset
Lifestyle / soft brand hotel operating under the Le Meridien 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 lifestyle
- Brand family
- Marriott
- Keys
- 91
- Address
- St. Louis, Missouri — full address shared with approved buyers