Since 2016, NorthPointe Hospitality Management had the privilege of managing the Hotel Indigo Mount Pleasant, guiding it through a remarkable journey of success. After a truly rewarding partnership, we conclude our management of the hotel in November 2022.
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%.
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.
158
$14 million
5,000 sq. ft. of convention/meeting space, full service restaurant
Tripadvisor Travelers' Choice Award 2020, 2021, 2022.
Mount Pleasant, SC
2016 - 2022