Sonesta Atlanta Airport South

4669 Airport Blvd, Atlanta, GA, 30337, US

묘사

JLL has been engaged as the exclusive advisor for the sale of the Sonesta Atlanta Airport South (referred to as the “Offering,” “Property,” or “Hotel”), located at 4669 Airport Blvd. Benefiting from proximity to Hartsfield–Jackson Atlanta International Airport ("ATL"), the second busiest airport in the world (and busiest in the United States), the Hotel is uniquely positioned to capture strong airport-driven demand from passengers and crew members. The Hotel features a high-performing food and beverage outlet, The Burger Place, which enhances the Property’s overall guest experience and revenue potential. Atlanta continues to demonstrate significant resilience and long-term outperformance potential, supported by major corporate relocations, world-renowned tourism, and sustained population growth. The Offering presents a rare opportunity to acquire an institutionally-maintained hotel in a prime node of one of the nation’s top metropolitan areas.

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개요

키

190

Land tenure

Fee Simple

건물 면적 순

14,091 제곱미터

미디어

투자 하이라이트

Southeast's Commercial Real Estate Capital: Atlanta's commercial real estate market is driven by world-class institutional anchors including Coca-Cola's global headquarters, CNN's downtown campus, and Hartsfield-Jackson Atlanta International Airport, Delta's largest hub with over 108 million passengers in 2024. Mercedes-Benz Stadium, the Beltline, and Atlanta's renowned culinary scene anchor the city's leisure economy, while the concentration of Fortune 500 headquarters, critical infrastructure, and premier entertainment venues positions Atlanta as the Southeast's commercial real estate capital with exceptional stability and growth potential.

Multiple Value-Add Levers to Generate Additional Upside: The Property offers substantial upside potential through a comprehensive guestroom renovation. A targeted room renovation program can elevate this asset to compete effectively in the airport corridor, commanding higher rates and stronger market positioning. The expansive lobby space provides opportunities for new revenue-generating concepts, and the successful restaurant operation confirms market demand for enhanced F&B and grab-and-go services.

Institutionally-Maintained, Full-Service Hotel: The Property demonstrates strong operational fundamentals with consistent 70-80% occupancy, an experienced on-site management team, and well-maintained, recently enhanced common areas that provide optionality for a variety of transit, group, and corporate customers. The successful restaurant operations and active meeting space utilization reflect effective property management and staff execution, providing a stable platform for value enhancement initiatives.

Operational Synergies and Revenue Diversification Platform: The shared management structure with Sonesta Atlanta Airport North offers immediate operational efficiencies and cost savings, while the strong local restaurant following and recently renovated meeting space position the asset to capture increasing crew and group business post-refresh. Ancillary revenue streams including the 300-space parking operation, F&B operation, and meeting space utilization, provides a diversified income base that reduces reliance on room revenue and creates defensive cash flow stability during a repositioning phase.

Asset Repositioning in Recovering Submarket: Recent substantial infrastructure investments including facade improvements and a WiFi upgrade provide a solid operational foundation for prospective repositioning efforts. With additional planned work in 2026 and the potential for a renovation program to unlock further phases of value creation, the Property is positioned to capitalize on the resurgence of corporate travel demand and returning airline crews to the recovering airport submarket.

Value Creation Through Sonesta Brand Affiliation: The in-place management agreement with Sonesta Hotels & Resorts drives value through enhanced distribution networks, sophisticated revenue management systems, and operational efficiencies that maximize RevPAR performance. Sonesta's proven hospitality expertise and brand recognition enable premium market positioning and rate optimization within the competitive set. The Travel Pass loyalty program captures repeat corporate business, creating sustainable competitive advantages and revenue growth opportunities within the expanding Sonesta portfolio.