🏢 Company

Crawford Hoying

📍 Columbus, Ohio
2 stories · First covered Mar 23, 2026 · Latest Mar 24
Related: Marriott International 2 Columbus hotel market 2 RevPAR 1 Occupancy 1 Residence Inn 1 Courtyard 1 Hotel Per-Key Economics 1 Mixed-use hotel development 1 Ohio State University 1 Hotel cash flow cyclicality 1 AC Hotel 1 Hotel franchise economics 1
Marriott International
Marriott International
Crawford Hoying Coverage
$84M for 141 Keys Near Ohio State. Let's Decompose That.
Transactions Primary
Mar 24

$84M for 141 Keys Near Ohio State. Let's Decompose That.

Crawford Hoying is betting $84 million on a mixed-use project near Ohio State that includes a 141-room Marriott, 121 apartments, and a parking garage. The per-key math tells a story the press release doesn't.

JC
Jordan Chen 2 min read · Mar 24
$84 Million Marriott Next to Ohio State at $596K Per Key. Do the Math on That Parking Garage.
Transactions Primary
Mar 23

$84 Million Marriott Next to Ohio State at $596K Per Key. Do the Math on That Parking Garage.

An $84 million mixed-use play drops a 141-room Marriott and 121 apartments on a long-vacant lot next to Ohio State's campus. The per-key math looks wild until you realize half that budget is subsidizing a parking garage the city demanded.

MS
Mike Storm 3 min read · Mar 23