Middle Georgia Select Service Hotel Collection consists of Marriott and IHG branded hotels. Flexible acquisition options are available.
Middle Georgia Select Service Hotel Collection located in Warner Robins and Cordele is now available for sale. The portfolio includes 4 hotels, 2 under the Marriott brand, and 2 under the IHG. Totaling 297 room, the portfolio consists four hotels. Warner Robins The following are some examples of how to get started: Cordele (Georgia). These properties can be purchased individually, as sub-portfolios, or as complete portfolios.
Details of Operational and Finance Details
The hotels are managed by third parties. The properties are between the ages of 14 and 17. They come with long-term agreements for franchises. The hotels already have a good cash flow. There are opportunities to increase revenue after brand-required improvements and improved operations strategies. The current margins of net operating income (NOI), according to industry standards are around the mid-20% mark.
Management and Renovation Opportunities
As the hotels are free of management, new owners can make improvements to their operations. Recently, the Holiday Inn Express Cordele as well as the Fairfield Inn Warner Robins underwent comprehensive renovations. These upgrades, combined with new management approaches, should increase revenue and operating margins.
Brand and Market Information
These properties are branded with well-known franchise brands, which offer strong brand recognition as well as guest loyalty programs. The portfolio is equally split between Marriott- and IHGbranded hotels. This division offers potential buyers a balanced investment of recognized brands.
Purchase Options
Hotel assets can be purchased as part of a portfolio, a sub-portfolio, or individually. Due to this flexibility, potential buyers can choose the acquisition strategy which best fits their operational goals. Portfolio or sub-portfolio purchases can provide operational synergies as well as enhanced profitability. Sub-portfolios that concentrate on Cordele and Warner Robins offer localized market concentration. This can increase efficiency and reduce costs while increasing marketing benefits.
Inquire at CBRE.
