Opportunity to acquire the premier Hilton-branded lodging asset in Victoria, with stable historical revenues and operational upside. |
The high-quality asset features custom amenities and 7,004 square feet of meeting space (largest in the market). |
Room revenues in the last year years have consistently averaged over $3.6 million, with gross revenues averaging over $4.2 million. |
The hotel’s rooms revenue for the TTM period ending in June 2024 equated to $3.87 million—the highest performance since the hotel’s opening. |
The hotel dominates its competitive set with a 125.5% RevPAR index through June 2024. |
Current ownership is currently renovating the property, spending $1 million for the Hilton FRCM “soft” renovation. |