Kabani Hotel Group, as the exclusive representative of the seller, is pleased to present the 94-room Wingate by Wyndham located in Destin, Florida. Built in 2004, the property is positioned in one of Florida’s premier Gulf Coast leisure markets and offers investors the opportunity to acquire a well-located hospitality asset in a high-demand coastal destination.
The hotel is strategically situated directly off U.S. Highway 98, Destin’s primary east–west corridor, and less than half a mile from the Gulf of Mexico beaches. The property benefits from immediate proximity to major tourism and regional demand generators including Big Kahuna’s Water & Adventure Park, Henderson Beach State Park, the Destin Harbor Boardwalk, and the Emerald Coast Convention Center. Additional demand is generated by nearby military installations including Eglin Air Force Base, one of the largest Air Force bases in the world.
The property currently operates below the competitive set, with RevPAR performance approximately 15% below market averages, presenting a clear opportunity for a new owner to enhance operational performance through hands-on management, targeted marketing initiatives, and revenue optimization. This offering represents an opportunity to acquire a well-located hotel in a highly desirable leisure-driven market along Florida’s Emerald Coast.