Hotel Brokers of America is pleased to exclusively offer the 70-room Holiday Inn Express & Suites Alice, TX.
Highlights & Location:
·With consistent rankings of 1st or 2nd across various metrics, the Holiday Inn Express & Suites Alice is well-positioned in its market, capturing a larger share and maximizing revenue potential, indicating a strong outlook for continued success.
·The Holiday Inn Express & Suites Alice, TX, has shown remarkable performance across key metrics, particularly in occupancy, where the property recorded a rate of 68.5% for June 2024—a significant 14.4% increase from the previous year.
·Over the last three months, the ADR increased by 5.4% to $110.53, showcasing the property’s ability to command premium rates in the market. The ADR Index (ARI) for the property reached 117.1, further emphasizing its pricing power and market strength.
·The property’s RevPAR (Revenue Per Available Room) performance is equally strong, with June 2024 showing a RevPAR of $74.53, up 14.5% from the previous year, and significantly higher than the competitive sets of $42.50.