| Current ownership completed the Formula Blue 2.0 design scheme in 2024, investing $2M in property upgrades/renovations, including new roofing system. |
| The hotel’s annual rooms revenue averaged $1,270,000 (rounded) over the last three years. |
| The hotel has outperformed and consistently dominated its competitive set, having registered a RevPAR penetration index of 202.9% in 2025. |
| Approx. $41B of petrochemical expansion projects are either underway/recently completed; ongoing projects expected to be completed by 2030. |
| The asset is priced at an attractive discount to replacement cost of $87,121 per key. |
| The property benefits from its strategic location along I-10, proximate to a multitude of corporate demand drivers. |
Andrew Frosch
HVS
