Hyatt Riverfront New Orleans
Ownership has elected to sell the property as part of a strategic portfolio reallocation after successfully operating the hotel for nearly two decades.
Hyatt Hotel For Sale in New Orleans, Louisiana – $58.5 Million
Business Name
Hyatt Riverfront New Orleans
Industry
Website
Address
Country: United States
Address Line 1: 850 Convention Center Boulevard
Address Line 2:
City: New Orleans
State: Louisiana
ZIP Code: 70130
Years in Business
19
For Sale
Business For Sale
Sales Price
$58,500,000
Describe Your Business
Hyatt Riverfront New Orleans is a a premium Hyatt-branded, full-service hotel strategically located near the New Orleans Ernest N. Morial Convention Center, the Central Business District, the historic French Quarter, and the city's renowned entertainment, dining, and tourism destinations.
The property features approximately 340 guest rooms and suites, executive accommodations, premium meeting and conference facilities, multiple banquet halls, a full-service restaurant, cocktail lounge, coffee shop, rooftop event space, fitness center, outdoor pool, valet parking, concierge services, and flexible event venues capable of hosting weddings, conventions, corporate meetings, and private events.
Revenue is generated through hotel accommodations, food and beverage operations, meeting room rentals, conference services, weddings, catering, parking, loyalty program participation, and premium guest amenities. The property benefits from strong business travel, convention demand, tourism, cruise passengers, sporting events, festivals, and year-round leisure travel.
For investors searching for hotel investment opportunities, hotels for sale, hospitality businesses for sale, or commercial real estate investments, this acquisition represents a turnkey hospitality asset with multiple revenue streams and significant long-term appreciation potential.
Why Are You Selling?
Ownership has elected to sell the property as part of a strategic portfolio reallocation after successfully operating the hotel for nearly two decades. The hotel maintains stable occupancy, experienced management, long-standing corporate accounts, and a strong reputation among business and leisure travelers.
New Orleans remains one of the nation's premier hospitality markets due to its convention industry, tourism, cruise terminal activity, healthcare institutions, higher education, sports tourism, and internationally recognized cultural attractions. Future ownership may further enhance profitability through guest room renovations, food and beverage expansion, technology modernization, revenue management optimization, and strategic capital improvements.
Qualified buyers utilizing commercial hotel acquisition financing, hospitality private equity, institutional investment, CMBS financing, commercial real estate loans, REIT capital, family office investment, or seller financing are encouraged to inquire. Ownership is committed to supporting a successful transition following closing.
How Will the Funds be Used?
As this is a business acquisition opportunity, proceeds from the sale will facilitate ownership transition.
Prospective buyers may utilize financing for:
Commercial hotel acquisition financing
Hospitality real estate financing
CMBS financing
Commercial real estate loans
Seller financing (available for qualified purchasers)
Property Improvement Plan (PIP) renovations
Guest room modernization
Conference facility expansion
Restaurant and food & beverage upgrades
AI-powered revenue management software
Property management system enhancements
Working capital following acquisition
Following acquisition, ownership may expand luxury guest experiences, corporate partnerships, conference bookings, destination weddings, digital marketing initiatives, premium food concepts, and future hospitality acquisitions throughout the Gulf Coast region.
Annual Revenue
$10M+
Timeline
90+ Days
Primary Contact
First Name: Thomas
Last Name: Bennett
Phone: (504) 555-8713
Notes
Historical financial statements, franchise documentation, STR reports, occupancy statistics, ADR, RevPAR, management agreements, engineering reports, employee information, and future capital expenditure plans have been withheld from this public listing to maintain confidentiality. Qualified buyers may receive a Confidential Information Memorandum (CIM), appraisal reports, operating statements, property condition assessments, and access to a secure virtual data room following execution of a mutually acceptable Non-Disclosure Agreement (NDA).
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