PHC Hotel Advisors is pleased to present the Holiday Inn Express Tucson Airport, a fully renovated 98-key IHG Formula Blue 2.0 asset located steps from Tucson International Airport. Strategically positioned at the junction of Interstates 10 and 19, the hotel benefits from steady year-round demand across corporate, government, and leisure segments. In 2024, ownership invested over $2 million in a full IHG 2.0 renovation—including guest rooms, public areas, and back-of-house systems—bringing the property fully up to brand standards. The result is a turn-key, repositioned hotel now poised to outperform the submarket. From 2023 to mid-2025, performance was temporarily impacted by 15,000+ out-of-order room nights, which is reflected in trailing financials. With the renovation complete as of June 2025, the hotel enters a stabilization phase with no deferred capex, clean branding, and significant operational upside. 2025 pro forma projections include $2.94 million in gross room revenue and $1.05 million in NOI, supported by market data assumptions (74% occupancy at $109 ADR). Additional yield can be achieved through labor efficiencies and margin-focused management. Located within one of Arizona’s most resilient submarkets, the asset is surrounded by demand drivers including Raytheon, Davis-Monthan AFB, Amazon, UPS, and the University of Arizona Tech Park. The nearby $1.5 billion Mosaic Quarter project and I-10 industrial expansion further strengthen the long-term outlook for this corridor. $2M+ IHG Formula Blue 2.0 renovation completed in June 2025 98-room interior corridor hotel on 2.65 acres with 159 parking spaces Adjacent to Tucson International Airport with direct access to I-10 & I-19 15,000+ out-of-order room nights recovered post-renovation = upside runway 2025 Pro Forma: $2.94M revenue | $1.05M NOI | 8.9% cap rate SBA 504 & 1031 exchange eligible Surrounded by long-term demand from Raytheon, Davis-Monthan AFB, Amazon, UPS, UA Tech Park Located in a supply-constrained growth corridor with $1.5B+ infrastructure investment