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 fact, this property is outperforming most the the prior years and continues to show record growth in several categories.
Strong Performing Branded Asset
The Ramada offers prospective buyers the opportunity to acquire a Wyndham
branded asset in the local market. Ramada is a large American multinational hotel chain owned by Wyndham Hotels and Resorts. As of December 31, 2018, it
operates 811 hotels with 114,614 rooms across 63 countries under the Ramada
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 Ramada boasts an excellent Highway 6 location, which is the main travel
way in Eastern Utah, mostly between Salt Lake City, UT and Moab, UT.