Even in the midst of the Covid-19 difficulties, the La Quinta Inn & Suites, Logan, UT has performed well with gross revenue approaching similar numbers that we achieved in 2019. Once travel restrictions are eased, the number of rooms sold may be expected to increase. Room rates may also be expected to increase due to higher demand, further increasing revenue.
In prior years this property operated as a Crystal Inn and was converted to a La Quinta Inn & Suites during a $1.4 million renovation in 2015. This property performed strongly through the unforeseen pandemic, maintaining an occupancy rate above 65% in 2020! ADR’s also held strong in this market while still achieving an ADR equal to 73% from 2019 numbers.