GLo Best Western Pooler - Savannah Airport Hotel
Newly built GLo Best Western Pooler located near multiple demand generators and significant upside
Marketing description
The Glo Best Western Pooler Savannah Airport is a boutique 83-room four story, interior corridor upper midscale hotel built in November 2023. The property is situated on 2.23 acres with 95 surface parking spaces. The property has a PUDC zoning as it was part of a master planned development project. Amenities for the hotel include airport shuttle, fitness center. business center, electric car charging station and complimentary hot breakfast. Each room has either king or queen beds, a 49-inch flat screed HD television, a refrigerator, microwave, and an in room safe.
The property is located off exit 104 which is the Savannah/Hilton Head International Airport exit on Interstate 95 in Savannah GA. The property is in close proximity to multiple demand generators including but not limited to locations such as River Street in Savannah, Hilton Head, Tybee Island and The Savannah/Hilton Head International Airport, Local businesses include the Port of Savannah, the 3,000 acre Hyundai Metaplant campus, Mitsubishi Power America plant, and the Gulfstream 142,000 SF manufacturing plant.
The Hyundai Motor Group Metaplant America is a 3,000, 7.6 billion facility located in the Savannah/Pooler GA market currently under construction for the mass production of electric and hybrid vehicles.
The local growth in manufacturing has caused the need for the $1.3 billion expansion of the Port of Savannah. Expansion will include deepening of the port, new births, and the largest container facility in the United States to name a few items
Investment highlights
The Glo Bet Western Pooler is currently operating 10% below its competitive set although it’s the newest property and located at arguably the busiest exit in the market. The property is in need of a strong marketing strategy that will create the opportunity for future revenue growth by taking advantage of its airport location, and close proximity to the multiple demand generators such as the Hyundai plant, the Mitsubishi Power America plant, and the Gulfstream 142,000 SF manufacturing plant
A new owner has the opportunity to buy this recently built asset at a price significantly below replacement cost. There is major upside in this hotel based on asset management changes alone not to mention creating a new marketing strategy to capture. The hotel is not being properly cleaned and maintained which are simple housecleaning and maintenance changes which will greatly improve online scores.
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