Marcus and Millichap is pleased to offer the opportunity to acquire the Clarion Hotel located at 1896 Rich Hwy, DuBois, PA 15801. The subject property contains 159 guest rooms equipped with work desks and flat screen televisions, a 24-hour fitness center, restaurant and bar, and 9 meeting spaces. Conveniently located off of US Route 219 near I-80, the Clarion Dubois has easy highway access and average daily traffic counts over 35,000 vehicles. The hotel is currently operating at 19.3% occupancy, $62.76 Average Daily Rate, and a RevPAR of $12.11. Property includes a managers suite with a full kitchen to accommodate a new owner/operator.
Dubois, a former lumber and coal mining hub of Pennsylvania, now has a strong reputation as local community as an entertainment and arts district. Visitors often enjoy themselves at local vineyards, Laurel Mountain Vineyard or Evergreen Valley Vineyard, art exhibits, such as the Winkler Gallery of Fine Art, or play a round of golf at Treasure Lake Golf Courses. The DuBois Regional Airport also services many travelers in the area. Business travelers have proximity to DuBois Regional Medical Center, Hallstrom Construction Inc., DuBois Business College, Net Shape Technologies and Penn State Dubois.
Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently franchises more than 6,800 hotels, representing more than 500,000 rooms, in more than 35 countries and territories. Ranging from limited service to full service hotels in the economy, mid-scale and upscale segments, Choice-branded properties provide business and leisure travelers with a range of high-quality, high-value lodging options throughout the United States and internationally.