Marketplace
Accepting offers
Staybridge Suites Lafayette-Airport
Lafayette, LouisianaExtended-stay hotelAccepting indications of interest
- Price guidance
- $23.0M guidance
- Keys
- 118
- TTM revenue
- $5.6M
- NOI
- $1.9M
- Occupancy
- 77%
- ADR
- $152
- RevPAR
- $117
- Cap rate
- 8.3%
Public summary
118-key Staybridge Suites hotel in Lafayette, LA. Upper-midscale extended-stay asset with branded distribution and Lafayette, Louisiana demand drivers.
- Staybridge Suites flag with national reservation distribution
- Upper-midscale extended-stay operating model in the Lafayette market
- 118 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
Lafayette, Louisiana draws corporate, leisure, and event demand that supports the Staybridge Suites flag.
Asset
Extended-stay hotel operating under the Staybridge Suites 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
- Upper-midscale extended-stay
- Brand family
- IHG
- Keys
- 118
- Address
- Lafayette, Louisiana — full address shared with approved buyers