HAMPTON INN BY HILTON GRETNA

INVESTMENT HIGHLIGHTS

• STRONG REVENUE PERFORMANCE Exceeded $2,750,000 in room revenue for 2024, reflecting robust demand and operational efficiency.
• HOSPITAL & INTERSTATE VISIBILITY Only hotel in the vicinity of the Centra Gretna Medical center with zero competition.
• INTERSTATE VISIBILITY Strategically situated off Highway 29 offering excellent visibility.
• HIGH OCCUPANCY Ranked 1 out of 6 in the competitive set for occupancy, per the December 2024 STR Report.
• PROXIMITY TO KEY DEMAND DRIVERS Close to Caesars Virginia Casino Resort, Smith Mountain Lake, and Hargrave Military Academy.
• VALUE-ADD POTENTIAL Opportunities to increase revenue through targeted upgrades and enhancements.
• MEDICAL CENTER PROXIMITY The hotel’s close proximity to Centra Gretna Medical Center supports demand from healthcare professionals, patients, and their families. This stable, non-seasonal demand source enhances the property’s resilience against economic fluctuations.
• LIMITED COMPETITIVE SUPPLY With no hotels currently under construction and only 378 rooms proposed in the Virginia South Central submarket, the Hampton by Hilton faces minimal competitive pressure. This scarcity of new supply strengthens its market position and supports long-term occupancy and rate growth.
• DIVERSE DEMAND DRIVERS The combination of leisure (lakes, casino, festivals), institutional (military academy, medical center), and corporate (small public airport, regional businesses) demand drivers creates a diversified guest base, reducing reliance on any single market segment and enhancing revenue stability.
• SMALL-TOWN MARKET ADVANTAGE Gretna’s small-town charm and low population density (4,860 within 5 miles) translate to lower operational costs compared to urban markets, while still benefiting from regional tourism and institutional demand. This dynamic supports higher profit margins.