Red Carpet Inn Albany

The last major renovation at the Hotel was the total gutting and rebuilding of 22 bathrooms in 2010. As the Hotel is offered unencumbered by flag, a new owner will have the opportunity to re-brand and further renovate the Property in order to drive rate growth. While the Hotel has consistently earned over $1.2 million in room revenue over the past four years, it is currently capturing 16.7% at the bottom line. A new owner/operator is presented with additional upside opportunity by revamping the operational strategies of the Property in order to better capture the Hotel’s top-line revenue.