Econo Lodge - 175 Center St, Panguitch, UT 84759
40-Key Flagged Hospitality Asset Near Bryce Canyon Tourism Corridor
Marketing description
The Econo Lodge Panguitch is a 40-room, two-story flagged hospitality asset strategically located along East Center Street in Panguitch, Utah—serving as a key gateway market to Bryce Canyon National Park and Southern Utah’s tourism corridor. Originally constructed in 1963 and renovated in 2014, the property operates under a nationally recognized franchise, offering consistent brand visibility and operational infrastructure.
Positioned on approximately 0.65 acres with direct access to US Highway 89, the asset benefits from steady drive-through traffic and proximity to major regional demand drivers, including national parks, outdoor recreation hubs, and seasonal tourism flows. The property presents investors with a stabilized hospitality investment opportunity with in-place operations and potential upside through operational optimization or repositioning.
Investment highlights
- Gateway location to Bryce Canyon National Park and Southern Utah tourism corridor.
- Positioned along East Center Street with connectivity to US Hwy 89
- Consistent tourism-driven demand from national parks and outdoor recreation
- Limited competitive hotel inventory within Panguitch submarket
- Proven hospitality corridor with established lodging demand.
- Small-town market with high dependency on seasonal travel and tourism flows
- Previous sale at a 7.5% cap rate indicating stabilized income profile
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