Home2 Suites by
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1005 Landmark Blvd, Tupelo, MS 38804
89-room Home2 Suites by Hilton in Tupelo, Mississippi.
Property SizeContact for details
Days on Market770
Property Features for 1005 Landmark Blvd
General Information
Standard status
Active
Property subtype
Hospitality
Zoning
MUCC
Listing Agency:
Hilco Global
Listed By:
Keith Worsham · License #GA #267014
Source:
Crexi
Added: Jul 3, 2024
Changed: Aug 11
Last Checked: Aug 11 at 9:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hilco Global
Investment Insights
Based on property information with market context.
This 89-room Home2 Suites by Hilton is located in Tupelo, Mississippi. The property, newly built and opened in late 2021, includes amenities such as a fitness center, guest laundry services, and fully-equipped kitchens. Tupelo is situated in the northeast corner of Mississippi, within the Hills region. The city acts as a regional hub, with its population increasing by 300% daily due to travel. The hotel is being exclusively sold as a package deal with the adjacent Tru by Hilton Tupelo, MS. Historical revenues show in 2022, the occupancy was 70.1% with ADR at $122.05 and RevPAR at $85.58. In 2023, the occupancy was 85.9% with ADR at $128.72 and RevPAR at $110.52. In 2024, the occupancy was 87.2% with ADR at $130.49 and RevPAR at $113.74. Projected revenues show in 2025, the occupancy is projected at 90.0% with ADR at $134.70 and RevPAR at $120.60. In 2026, the occupancy is projected at 90.0% with ADR at $138.02 and RevPAR at $124.22. In 2027, the occupancy is projected at 90.0% with ADR at $142.16 and RevPAR at $127.94.
Key Highlights
- High Occupancy and RevPAR: Strong historical and projected occupancy rates (87.2% in 2024, projected 90% for 2025‑2027) and increasing RevPAR demonstrate excellent revenue performance.
- Newly Built: Opened in late 2021, the property is modern.
- Home2 Suites by Hilton: Benefits from the established Hilton brand recognition.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 38804, MS
17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 89-room Home2 Suites by Hilton in Tupelo, Mississippi.
Where is this hotel located?
The property is located at 1005 Landmark Blvd Tupelo, MS.
What are key features of this property?
This property features: High Occupancy and RevPAR: Strong historical and projected occupancy rates (87.2% in 2024, projected 90% for 2025‑2027) and increasing RevPAR demonstrate excellent revenue performance.; Newly Built: Opened in late 2021, the property is modern.; Home2 Suites by Hilton: Benefits from the established Hilton brand recognition.
