Hospitality Associates is proud to exclusively present the 100-key Burrstone Inn, part of the Ascend Hotel Collection
by Choice Hotels. Strategically located in the DiMeo Ford Business Park, just minutes from Utica University, St. Luke’s
Hospital, and major corporate demand generators, this full-service hotel offers strong in-place operations and
attractive long-term fundamentals.
Originally constructed in 1990 as a Holiday Inn, the Burrstone was designed as a two-story property in accordance
with business park restrictions, yet still features an elevator for guest convenience. The property underwent a
comprehensive renovation in 2020, including updated guestrooms, refreshed public areas, and improved amenities.
The Burrstone Inn features an on-site restaurant and lounge, generating significant ancillary revenue and enhancing
the guest experience. For the trailing twelve months ending July 2025, the property produced $3.58 million in total
revenue, including $3.03 million in room revenue and $518K in food & beverage sales.
The property also carries a brand window in 2026, providing flexibility for a new owner and potential access to key
money from Choice Hotels. With renovations completed in 2020 and stable operations in place, no major capital
expenditures are anticipated in the near term.
Year-round demand is supported by a balanced mix of corporate, healthcare, and university-related business. Utica
University, SUNY Polytechnic, and local athletic programs drive group and leisure stays, while regional employers and
hospitals provide steady corporate and extended-stay demand.
The Burrstone Inn will be delivered unencumbered by management, offering an investor immediate operational
control. With a proven operating history, diversified demand base, and strong revenue performance, the Burrstone
represents a compelling investment opportunity in an established and resilient market.