About This Project

The Holiday Inn Express in Charleston, SC was sold in a sponsor equity transaction providing recapitalization of equity. Financing totaling $29 million was arranged with Stonecutter Capital and Silver Point Finance to renovate and convert the property to a Holiday Inn Express and Suites.

• 25% Increase in Revenue from $4.8 million to $6 million
• 32% Increase in Profits, GOP from $2.2 million to $2.9 million

About the Property

NorthPointe Hospitality’s newly renovated 153 room hotel, Holiday Inn Express & Suites Charleston Downtown-WestEdge is open and all new. With a beautifully designed lobby that includes our complimentary Express Start Hot Breakfast bar, a self serve wine and beer bar, and state of the art fitness center. Our lobby provides ample space to relax and unwind at the end of a day, and if you’re looking to get to know the city we are conveniently located just two miles from Charleston’s historic district. Holiday Inn Express & Suites Charleston Downtown-WestEdge is the perfect home base for all of your Lowcountry adventures.