Marketplace
Offer round
The Banyan Hotel Fort Myers, Tapestry Collection by Hilton
Fort Myers, FloridaLifestyle / soft brand hotelOffer round in progress
- Price guidance
- $17.7M guidance
- Keys
- 67
- TTM revenue
- $4.8M
- NOI
- $1.4M
- Occupancy
- 73%
- ADR
- $184
- RevPAR
- $134
- Cap rate
- 8.2%
Public summary
67-key Tapestry Collection by Hilton hotel in Fort Myers, FL, renovated in 2023. Upscale lifestyle asset with branded distribution and Fort Myers, Florida demand drivers.
- Tapestry Collection by Hilton flag with national reservation distribution
- Upscale lifestyle operating model in the Fort Myers market
- 67 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
Fort Myers, Florida draws corporate, leisure, and event demand that supports the Tapestry Collection by Hilton flag.
Asset
Lifestyle / soft brand hotel operating under the Tapestry Collection 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
- 1926
- Last renovated
- 2023
- Brand class
- Upscale lifestyle
- Brand family
- Hilton
- Keys
- 67
- Address
- Fort Myers, Florida — full address shared with approved buyers