This offering represents an upper mid-market brand at $50,000 per key, at a price per key to accommodate the expected PIP. The revenue is rebounding, and YTD 2025 is up. This hotel operates significantly below its compset in all three STR metrics, which certainly indicates post-renovation upside. We are personally familiar with the outstanding performance several of the local upper mid-market brands in Salina, and one should expect upside with new onsite management and the completion of the PIP.
89 keys
Built 1999
Well priced to sell at $50K per key
Rebounding revenue
New 15 year license is available, subject to PIP
Significantly underperforms the market in all three key metrics, indicating post-renovation upside
I-70 location with limited competition and one mile from the junction of I-135
2 major travel plazas at the same exit
3 Floors
Indoor Pool
Fitness Center
Meeting Room