HREC arranges sale of St Louis' Holiday Inn Airport West-Earth City

HREC Investment Advisors arranged the sale of the 155-guestroom, full-service, Holiday Inn Airport West- Earth City located in St. Louis, Mo.

Ted Anka, VP in HREC’s Miami office and Tom Sommer, VP in the company's Chicago office, exclusively represented the seller during the transaction.

The property is located less than 8 miles from Lambert-St. Louis International Airport, a priority city for Southwest Airlines. The airport submarket is also benefiting from significant corporate growth in the local area. Most notably, Boeing opened a new engineering and research center at the St. Louis Airport less than ten miles from the Hotel. The new manufacturing center will bring as many as 700 new jobs to the area – adding to the already 15,000 Boeing employees in the St. Louis region.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Guests of the Holiday Inn Airport West Earth City will have access to an on-site business center open 24-hours a day, an indoor pool, cocktail lounge and a 24-hour fitness center. The property also offers standard free Wi-Fi, complimentary coffee, a concierge level, executive club level and a number of specialized booking packages.

HREC a lodging and gaming real estate advisory firm specializing in property sales, mortgage brokerage, equity/JV structuring, consulting (market studies and appraisals) and litigation support. The company has offices located throughout North America.

Suggested Articles

The XR Event Planner places event planners, buyers and hotel sales staff in a virtual reconstruction of an event space.

The collaboration will develop full-service property-management capability that will combine with Sabre’s existing hospitality solutions.

When developing an on-property spa, hoteliers should consider what its strategic objective will be and plan accordingly.