1005 Landmark Blvd Tupelo, MS 38804
89-room Home2 Suites by Hilton in Tupelo, Mississippi.
Type:Hospitality
- Added:
- Jul 3, 2024
- Days on Market:
- 656
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 1005 Landmark Blvd
General Information
- Standard status
- Active
- Property subtype
- Hospitality
Listing agent Keith Worsham License #GA #267014
Listing office Hilco Global
Listing date Jul 3, 2024
Source Crexi
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
Overview
Home2 Suites by Hilton
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.
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Tupelo
- County
- Lee
- State
- Mississippi
- Longitude
- -88.6623
- Latitude
- 34.3375
Nearby Similar for Sale
FAQs
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.
