Hotel Concord Syracuse, Ascend Hotel 6605 Old Collamer Rd Services hôteliers 109 chambres À vendre East Syracuse, NY 13057

Hospitality Associates is proud to exclusively present the 109-key Hotel Concord, part of the Ascend Hotel Collection by Choice Hotels. Located in East Syracuse, NY—just minutes from the Syracuse Hancock International Airport, I-90, and downtown—this recently renovated hotel offers strong in-place operations and a highly visible location within the Carrier Circle hospitality corridor.
Originally built in 1984, the property operated as a Best Western through 2023 before undergoing a full renovation and rebranding in early 2024. Now part of Choice Hotels’ Ascend Collection, the hotel features a modernized lobby, upgraded public areas, refreshed guestrooms, and a 24-hour fitness center. As a soft-branded boutique, it combines the distribution power and loyalty reach of Choice Hotels with the flexibility of an independent property. The hotel is currently ramping up performance post-renovation, reflecting strong ADR recovery and steady occupancy growth. This stabilization follows significant investment and brand repositioning, eliminating the need for further capital expenditures and enabling a new owner to focus purely on operations and growth.
Year-round demand is supported by Syracuse University, Destiny USA (one of the nation’s largest malls), Upstate Medical University, and numerous nearby employers. Most notably, the property is strategically positioned to benefit from Micron Technology’s forthcoming $100 billion semiconductor campus, which will bring over 40,000 construction workers and long-term employees to the region starting in 2026.
The hotel will be delivered unencumbered by management, offering immediate operational flexibility. With limited new hotel supply, favorable demand fundamentals, and transformational macroeconomic drivers, Hotel Concord represents a compelling value-add opportunity for investors seeking to enter a high-growth market with a stabilized,well-positioned asset.