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Days Inn High Prairie - #1
Days Inn High Prairie - #2
Days Inn High Prairie - #3
Days Inn High Prairie - #4
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Days Inn High Prairie - #6
Days Inn High Prairie - #7

À vendre

$3,500,000 CAD

Significant Local Hotel: The Days Inn High Prairie is the second largest and only branded hotel in the local market and features 62 guest rooms as well as a broad facility offering including an expansive sports lounge/restaurant, VLT room and 3,000 SF of meeting/event space.

Steady Performance with Upside Potential: The Property has been a steady performer in recent years and remained profitable during the COVID-19 pandemic in 2020 with minimal declines in topline performance. A new owner can explore targeted capital investment projects as well as alternate management/marketing practices to drive growth across the Hotel’s rooms, restaurant and banquet space revenue sources.

Prominent Highway Location: The Hotel is well-located on an expansive 3.8 acre site with excellent visibility off Highway 2, the primary highway leading into High Prairie and within a short drive of major employers, restaurants and local attractions such as Lesser Slave Lake, the largest recreational lake in Alberta.

Diverse Local Economy: High Prairie is located a short two-hour drive from Grande Prairie, a major regional city with a trading area of 250,000 people and four hours from Edmonton. The Town’s local economy is rooted in agriculture, forestry, oil & gas and the service sector.