Premier Hotel Realty

Premier Hotel Realty is proud to announce the launch of an auction alternative to sell your commercial property fast and as-is. Contact Rick for more information.

PRICE REDUCED The El Mar Boutique Hotel l WAS: $6,000,000 -->>NOW???? $5,700,000 ??Located in Lauderdale-By-The-Sea, the Elmar is a two-story, 6,221-SF oasis escape just minutes from the beach. Investment Highlights Include: ?? Recently renovated ?? Modern and luxurious rooms ?? Outdoor area ?? Heated, outdoor pool ?? BBQ area ?? Bicycle access ?? Hi-speed Wi-fi Check out the El Mar listing here https://bit.ly/3FWLe85 or contact ?? for more information. #TheHotelBroker

JUST LISTED | Steps from the beach Sunny Shores Inn & Suites l 4213 El Mar Dr, Lauderdale-by-the-Sea l Price: $3,600,000 ??Sunny Shores Inn & Suites is located on beautiful El Mar Drive in the heart of Lauderdale-By-The-Sea just steps from the beach. The property features six well-appointed, one-, two-, and four-bedroom apartment-style suites. ?? Four of the six suites have long-term leases with varying expiration dates ranging from July 2024 - February 2025. ??Rent roll available upon request. Investment Highlights: ?? On-site parking and laundry facility ?? Excellent location ?? Pool, terrace, and patio area ?? Suites are fully furnished and include kitchens ?? For more information on Sunny Shores Inn & Suites, DM or check out the property listing here: https://bit.ly/4dLoOGc #TheHotelBroker

??A1A Redevelopment Opportunity | PRICE: $11,300,000 *PRICED BELOW APPRAISED VALUE Situated on A1A, the 42,000-square-foot parcel is just steps away from the beach. Highlights Include: ?? Zoned for Condominium/Multifamily ?? Steps from the beach ?? Close to shops & restaurants ?? Potential development incentives ?? High growth area ?? This well-located site offers an excellent opportunity for an investor seeking to redevelop on prime Florida real estate. ?? For more information on this listing, contact me or check out the property listing here: https://bit.ly/48fHB8I * IMPORTANT NOTE: Contact Rick Tobin for a site visit or any inquiries. Do not contact the owner directly or visit the site without an appointment. Doing so will compromise your commission. #TheHotelBroker

?? According to STR for the week of May 19-25, 2024, U.S. hotel performance KPIs show: ?? Occupancy increased by +1.6% from 2023 to 67.7%. ?? The average daily rate increased by +2.3% over 2023, to $160.67. ?? Revenue per available room increased by +3.9% from 2023 to $108.73. ?? Among the Top 25 Markets: Houston reported the highest YOY increases in occupancy and RevPAR. ?? Occupancy increased +20.9% to 74.1%. ?? RevPAR increased +29.2% to $89.15. Las Vegas posted the only double-digit increase in ADR of +10.9% to $217.53. Detroit and San Francisco posted the steepest RevPAR declines. ?? Detroit with a decrease of -13.0% to $80.20. ?? San Francisco with a decrease of -8.3% to $136.79. Read more here: https://bit.ly/3x3vdvK #TheHotelBroker

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FOR SALE: The El Mar Boutique Hotel l PRICE: $6,000,000 ??Located in Lauderdale-By-The-Sea, the Elmar is a two-story, 6,221-SF oasis escape just minutes from the beach. Investment Highlights Include: ?? Recently renovated ?? Modern and luxurious rooms ?? Outdoor area ?? Heated, outdoor pool ?? BBQ area ?? Bicycle access ?? Hi-speed Wi-fi Check out the El Mar listing here https://bit.ly/3FWLe85 or contact ?? for more information. #TheHotelBroker

?? According to CoStar’s data for the month April, U.S. hotel performance showed positive YOY comparisons. ?? Occupancy increased by +1.2% from 2023 to 65.2%. ?? The average daily rate increased by +0.8% over 2023, to $157.31. ?? Revenue per available room increased by +2.0% from 2023 to $102.51. ?? Among the Top 25 Markets: New York City reported the highest occupancy, ADR, and RevPAR. ?? Occupancy increased +2.8% to 84.4%. ?? ADR increased +2.6% to $298.98. ?? RevPAR increased +5.5% to$252.46. The lowest occupancy for the month was posted by: ?? Detroit with 58.9%. ?? Minneapolis with 59.3%. The top 25 markets posted higher ADR and occupancy rates than all the other markets. Read more here: https://bit.ly/3VuBwlE #TheHotelBroker

JUST LISTED | Steps from the beach Sunny Shores Inn & Suites l 4213 El Mar Dr, Lauderdale-by-the-Sea l Price: $3,600,000 ??Sunny Shores Inn & Suites is located on beautiful El Mar Drive in the heart of Lauderdale-By-The-Sea just steps from the beach. The property features six well-appointed, one-, two-, and four-bedroom apartment-style suites. ?? Four of the six suites have long-term leases with varying expiration dates ranging from July 2024 - February 2025. ??Rent roll available upon request. Investment Highlights: ?? On-site parking and laundry facility ?? Excellent location ?? Pool, terrace, and patio area ?? Suites are fully furnished and include kitchens ?? For more information on Sunny Shores Inn & Suites, DM or check out the property listing here: https://bit.ly/4dLoOGc #TheHotelBroker

?? According to STR for the week of April 28-May 4, 2024, the U.S. hotel performance shows: ?? Occupancy decreased by -0.8% from 2023 to 64.4%. ?? The average daily rate increased by +1.3% over 2023, to $159.97. ?? Revenue per available room increased by +0.5% from 2023 to $103.09. ?? Among the Top 25 Markets: Seattle reported the largest YOY occupancy increase of +8.1% to 69.4%. Dallas posted the highest ADR increase of +5.8% to $134.33. Atlanta and San Francisco posted the steepest RevPAR declines. ?? Atlanta with a decrease of -12.7% to $85.87. ?? San Francisco with a decrease of -12.5% to $123.02. Read more here: https://bit.ly/3ywz58Q #TheHotelBroker