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La Quinta Inn & Suites Shreveport Airport – Image Credit CBRE
La Quinta Inn & Suites Shreveport Airport is on the market, offering a strategic location and investment potential.
The La Quinta Inn & Suites Shreveport Airport is currently listed for sale. This corporate-owned property, located in Shreveport, Louisiana, features 117 rooms and stands four stories tall. Its location offers convenient access to major transportation routes, including Interstate 20 and Interstate 49, and is situated near Shreveport Regional Airport. The hotel serves a variety of guests, including those traveling for business, industrial purposes, and leisure.
Investment Details
The sale includes mineral rights associated with the property, which could provide future income through leasing opportunities. The hotel has undergone renovations and will not require a Property Improvement Plan (PIP) until January 2028. Wyndham may issue a new PIP at that time, with a two-year completion window for the franchisee.
Operational Efficiency
The property will be sold without existing management, offering potential for improved operational efficiency. This presents an opportunity for a new operator to implement focused revenue management strategies and reduce corporate overhead expenses.
Demand Drivers
The hotel’s location provides easy access to several significant demand generators. These include the Shreveport Regional Airport, LSU Health Shreveport, a General Electric plant, and multiple biomedical research facilities. Additionally, the proximity to popular casinos in Bossier City, such as Sam’s Town Casino and Horseshoe Bossier City Casino, contributes to its appeal.
Market Context
Shreveport is recognized as a regional hub with consistent leisure and business travel demand. The city benefits from its cultural institutions, riverfront casinos, and proximity to Barksdale Air Force Base. The local market offers a stable environment for long-term hotel investment, supported by low development costs and favorable zoning.
Inquire at CBRE.
