DoubleTree Airport St. Louis, MO

Listing Agents

Rob Willard
T | 314.306.2119
rwillard@paramountlodging.com

Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the recently converted 158-room DoubleTree Airport St. Louis, MO
  • Subject Hotel opened as a DoubleTree by Hilton in Aug. 2020 following a comprehensive $5.5MM (~$35k/key) renovation
  • Offered unencumbered of management at a very attractive discount to replacement cost
  • Ideally located adjacent to I-70, directly south of St. Louis Lambert International Airport, which is projected to serve 13.5MM passengers in 2022 (85% of 2019)
  • Convenient access to all regional demand including Westport Plaza, Cortex Innovation Community, Barnes Jewish Hospital, the iconic Gateway Arch, Busch Stadium and Ball Park Village among many others
  • Ideal time to invest in St. Louis with several major developments underway including the new $1.7B National Geospatial-Intelligence Agency campus, $461MM St. Louis City SC MLS soccer stadium district, $187MM renovation of Union Station, and $175MM America’s Center Convention Complex expansion
  • In 2022, America’s Center’s top events are expected to fill upwards of 230,000 hotel rooms and generate $239MM in revenue for the city – up 53% from $156MM in 2019
  • A $3B makeover of Lambert International Airport has been proposed, featuring a one-terminal plan that would include gates capable of accommodating mainline flights, wider concourses, a new parking garage, and improved roadway access
Location