Holiday Inn Express Hotel & Suites - Hutchinson, KS

Priced at 2x room revenue, this hotel features an re-flag opportunity to purchase a well maintained & attractive box in a strong market.

Property Details

Address 1601 Super Plaza , Hutchinson KS (view map)
Price $3,500,000
Rooms 69
Price Per Key 50,725
Property Type Limited service
Revenue Call for CA

Executive Summary

The franchise agreement on this Express will expire May 31, 2013.  Therefore, this offering represents a re-flag opportunity in a strong market.  The Best Western system is available as well as a number of other flags.  Given the market strength, a new owner may want to consider an independent banner.  The hotel has be one of the top revenue performers in Kansas and is currently listed a 2X annual room revenue.  The ownership group has spent $400K in improvements in the past 3 years, including new TV cabinets & LCD TV’s (2011), new carpet throughout (2009), new soft seating (2010), new mattress sets (2010), new thermal window panes & screens (2009) and a new roof (2012),  Surrounded by companies like Dillon’s Stores Corporate Office, Tyson and Cargill Salt, the hotel benefits from those corporate demand generators as well as attractions such as the Kansas Cosmosphere, the Kansas State Fair, the Kansas Salt Museum, and the National Junior College Association national basketball tournament.

The property shows well and could be operated as an independent, although there are many choices for a flag. 

Contact an Associate

Brent Jaynes, Managing Partner Brent Jaynes, Managing Partner
913-499-4731 (office)
Send an Email

Hotel Description

  • Great visibility on HWY 63
  • Nice curb appeal and sense of arrival
  • 3 floors
  • Executive rooms, includes sofa sleepers
  • Suites with front sitting area
  • Jacuzzi suites
  • Fitness Center
  • Indoor Pool/ Spa/ Pool Lift 
  • Pool patio
  • Sub-dividable Meeting Room
  • Business Center