Candlewood Suites - PA

Property Description: Revenue is Up 12.6% YTD at the Candlewood Suites outside Pittsburgh. Room Revenue is ahead about $38,000 YTD March 31 over last year. The 75 Key hotel is making gains in occupancy and rate and increasing its market share! The Candlewood Suites is only 7 years old. The hotel is 4 stories with indoor pool. TTM March 31 2019 room revenue about $1,718,000. Upside to continue upward revenue trend with additional sales position (currently there is no sales person) to focus on corporate sales and room contracts and drive revenue over $1,850,000. New management can maximize profits with reduced labor expenses. Located in fastest growing area of Pittsburgh market. Convenient to various corporate business locations and top employers. Motivated Seller! Contact Broker for Pricing Guidance!