Headlines highlight strong hotel market in Columbus, OH

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Headlines highlight strong hotel market in Columbus, OH

Real Estate Agent · Columbus, OH · Member since 2017 · 38 posts · 12 votes

The numbers are in: Columbus' travel and tourism industry continues to grow in 2017

“This year, occupancy rose by 1.1 percent, the average daily rate increased by 2.6 percent and the revenue per available room rose by 3.7 percent.”

Downtown Columbus Hilton's success points to need for more hotel rooms, convention facilities authority says

"We have surpassed every goal we had put on the table for us," said general manager of the hotel, which employees 250 people.”

"This hotel did not cannibalize other hotels in town"

Headlines like these continue to highlight the amount of opportunities to buy, sell or invest in hospitality real estate in Columbus / Central Ohio. The REllis Group at Key Realty is here to help with your commercial real estate needs related to your hospitality needs - buy, sell, invest, or occupy.

Our real estate team, The REllis Group at Key Realty, is based out of Columbus, Ohio and we are dedicated to providing you with detailed insight and tips that can help you find the right time, place and strategy for a buying a hotel or motel.

If you have questions about buying, selling, or investing in hospitality real estate in Columbus / Central Ohio please reach out, we want to talk with you!

Jonathan Wigan

REllis Group At Key Realty

614-929-2032

[email protected]

www.rellisgroup.com

Sources:

https://www.bizjournals.com/columbus/news/2017/10/26/downtown-hiltons-success-points-to-need-for-more.html

https://www.bizjournals.com/columbus/news/2017/07/19/the-numbers-are-incolumbus-travel-and-tourism.html

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  • Realtor · Columbus, OH · Member since 2017 · 313 posts · 245 votes
    8y

    What criteria do you use to evaluate a hospitality property?

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