About This Project

Hotel Indigo Mount Pleasant is a comprehensive project including an acquisition, major renovation, and reflagging of an existing Holiday Inn to a new Hotel Indigo.  In 2016, NorthPointe took over the hotel management and grew profits (GOP) by $640k the first year. The hotel closed as planned for a $14 million renovation and reflagging one year later, in October 2017, with NorthPointe negotiating the franchise agreement and managing the development and renovation project. The hotel reopened as a Hotel Indigo in July 2018.

From 2016 (time of takeover) through T-12 2022, NorthPointe has increased revenues by $3.9 million or 91%, GOP by $2.0 million or 184%, and NOI by $1.4 million or 132%.

About the property

Conveniently located in the Mount Pleasant neighborhood of Charleston, and only a bridge away from historic downtown, our newly opened boutique hotel offers modern conveniences in an inspiring atmosphere. We are a unique boutique hotel backed by the consistency of one of the largest hotel chains in the world, IHG®. Hotel Indigo Mount Pleasant is a place that inspires exploration with ties to our surrounding neighborhood. With brand new amenities including a heated resort-style pool and heated patio, updated fitness facility with private yoga rooms, and upscale guest rooms. Our hotel is defined by local experiences, culinary feats and irreproachable service.

Key 2021 Results 

• Massive revenue recovery in 2022- up $6.1 million from 2020
• #1 in Market for RevPar Star performance
• #1 in Market for ADR Star performance.
• Tripadvisor Travelers’ Choice Winner in 2020, 2021, and 2022.
• Best of Mt.Pleasant 2019 and 2023
• Tripadvisor ranking #3 of 31 hotels (averaging a 4.5 rating for the year) in 2022