Strong Revenue and Upside Potential
Even in the midst of the Covid-19 difficulties this property has continued to perform exceptionally well by maintaining strong revenue numbers through the unforeseen pandemic.
In 2020 the hotel achieved a 30% increase in revenue and a 8% increase in occupancy Year-over-Year. As the travel restrictions are eased and the hotel continues to stabilize, the business of the hotel and the revenue is expected to increase in the upcoming season and into the future.
Strong Performing Branded Asset
The Best Western offers prospective buyers the opportunity to acquire the only branded asset in the local market. Best Western Hotels & Resorts, headquartered
in Phoenix, Arizona, is a privately held hotel brand with a global network of approximately 4,700 hotels in over 100 countries and territories worldwide. The
benefit to a branded property, specifically Best Western, is its renowned membership business and its loyalty reward program.
Unencumbered by Management
The hotel is ideally offered unencumbered by management, providing a buyer with full optionality, including new management.
High Visibility In-Town Location
The Best Western boasts an excellent Main Street and Highway 40 location, which is the main entrance to town for those travelers coming from the west, mainly Salt Lake City which is within a 2 hour drive.