Former Aviator Hotel & Suites, Best Western Signature Collection

Highlights:

• Major Growth Occurring in St. Louis – The St. Louis MSA ranked #3 in the nation for job growth from August 2024 – August 2025. Among the top announcements, the U.S. Air Force recently awarded Boeing the contract to develop the nation’s newest F-47 fighter jets in St. Louis, and the National Geospatial-Intelligence Agency is completing their new, $1.75 Billion headquarters later this year.
• Branding Options Available – There are multiple options available to rebrand the Hotel, if desired.
• Competitive Set Growth – The Property’s competitive set has exhibited extremely strong RevPAR growth. 2024 RevPAR grew by 11.0% over 2023 and is up by 30.9% compared to 2019.
• Favorable Supply Picture – In a 5-mile radius around the Hotel, there are zero properties currently under construction or in the final planning stages.
• Recent Capital Infusion – The Hotel received a major $2.4 Million renovation in 2021 as part of the conversion from a Holiday Inn.
• Clean Investment Opportunity – The Property is being offered fee simple, and unencumbered of management or debt.

Description:

RI Marketplace Online Auction May 19-21, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2490/former-aviator-hotel-suites-best-western-signature-collection?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2490

Hodges Ward Elliott, in conjunction with RI Marketplace, is pleased to present the exclusive offering of the Former Aviator Hotel & Suites, Best Western Signature Collection. The 149-room Hotel is located in a desirable submarket of St. Louis, surrounded by over 15.7 million square feet of office and industrial space, and just a short drive from downtown and all of its premier leisure and corporate demand generators. Converted from a Holiday Inn in 2021, the Property is a primary wedding venue in the market with 10,000 square feet of event space, including a 4,400-square-foot ballroom. The new Flight Deck Pub offers premier food and beverage for guests, wedding parties, and outside clientele. Strategically positioned at the confluence of Interstates 255, 270, and 55, the Property’s excellent location provides ample visibility and convenient access to the entire metropolitan area. Nearby destinations include the Veterans Administration Medical Center, Jefferson Barracks National Cemetery, and the South County Mall. Popular local demand generating attractions include the St. Louis Arch, Anheuser-Busch Brewery, Grant’s Farm, and Busch Stadium, home of the St. Louis Cardinals.


Gary D. Ryther
c/o Fisher Auction Company Inc.
License: 199018502

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