100 Westbank Expy
Gretna, LA 70053

The Hospitality Division of NAILatter & Blum is pleased to offer to qualified investors the opportunity to acquire the 309-room Days/Knights Inn located at 100 Westbank Expressway in Gretna LA. This hotel presents an opportunity to purchase a high-visibility quality full-service asset with plenty of upside potential. A new owner will have the opportunity to implement new cost saving and marketing initiatives drive ADR and capture the property⬙s fair share in the market while achieving additional flow-through bottom line. The Hotel includes numerous guest amenities including a fitness center 4900 SF of meeting space entertainment varendah and renovated expansive outdoor pool. This asset is ideally located at the epicenter of the West Bank New Orleans area less than 5 minutes from the Central Business District the famous French Quarter Harrah⬙s Casino the Ernest N. Memorial Convention Center (sixth largest in the country) and the Mercedes-Benz Superdome. Since 2011 New Orleans has once again solidified its place as one of the world⬙s preeminent travel destinations. The stability of meeting and group demand in New Orleans in addition to an upward trend in transient leisure demand has brought about strong increases in both occupancy and average rate over the past several years. Efforts to improve the market⬙s room package and infrastructure including the redevelopment of the vacant World Trade Center the construction of a new airport terminal and the Phase V expansion of the Ernest N. Morial New Orleans Convention Center are expected to influence demand through the city⬙s tercentennial celebration in 2018.