
SpringHill Suites by Marriott Pensacola
487 Creighton Rd, Pensacola, FL, 32504-6250, US
106 unités
JLL's Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 96-room Fairfield Inn & Suites Titusville Kennedy Space Center (the "Hotel" or "Property"). This offering represents the opportunity to acquire a premium branded, institutionally-owned asset in a market experiencing unprecedented growth driven by the commercial space industry and increasing tourism visitation.
Titusville serves as the gateway to Kennedy Space Center and Cape Canaveral Space Force Station, with the Kennedy Space Center Visitor Complex drawing 1.5 to 2 million visitors annually as the market's primary demand driver. The Property benefits from major aerospace operations including SpaceX and Blue Origin, which generate substantial recurring corporate and spectator demand tied to launch schedules and aerospace operations, while NASA's Artemis program and defense contractors further strengthen business travel fundamentals. The city's proximity to Port Canaveral, which handled 8.6 million cruise passengers in 2025 and is positioned just 25 miles from the Hotel, provides significant pre- and post cruise demand, with a $900 million to $1 billion expansion program currently underway through 2030 to expand terminals, infrastructure, parking, and cargo facilities. Additional leisure demand drivers include Canaveral National Seashore and Cocoa Beach's coastal attractions, while the Property's location within approximately 50 to 60 minutes of Orlando's theme parks (55 miles) offers extended day-trip proximity for guests seeking diversified vacation experiences.
The Hotel historically operated as a high-performing asset, achieving nearly $110 RevPAR with revenues in the high $3 million range during its prime operating period. With a trailing twelve-month Revenue Generation Index (RGI) of 122.9 and ranking #2 of 5 properties in its competitive set, the Hotel demonstrates strong market positioning despite operational headwinds. The Property, which is being offered unencumbered of management, presents a new owner/operator with the capability to revamp operational strategies, implement strategic cost control initiatives, and employ more aggressive revenue management strategies to restore historical performance levels and capture the market's current approximately $115 RevPAR environment.
This investment opportunity allows a buyer to acquire a Marriott-flagged, four-story, concrete hybrid-constructed hotel with significant renovation upside and exceptional transportation connectivity. The Property sits directly adjacent to Interstate 95 at Exit 215, which experiences 55,000 to 75,000 vehicles per day, while Space Coast Regional Airport and Orlando International Airport provide air service accessibility, positioning the asset to capture growing demand from the region's expanding aerospace corridor and tourism economy.


