* HIE +13.2% reflects post-PIP rebound from depressed 2024 baseline. Same PIP playbook the Property is executing now.
** Room-only RevPAR. Property also operates a gated parking lot (event-night revenue) not captured in STR figures.
Sources: RPP Hotel Intelligence, STAR report.
Why We Win Post-PIP
Oldest and 2nd-largest in compset (190 keys). Every hotel ranked above is smaller (120-157 keys). Size premium explains the rate gap.
PIP playbook proven in this compset. HIE completed the same soft-goods PIP and rebounded materially. Target: RGI 100 within 12-18 months post-PIP.
Staybridge is the closest comp (only other all-suite extended-stay). Running $102.63 and declining -2.1% while the Property grows +4.9%.
March 2026 convergence. All three indices moved above or toward fair share simultaneously (MPI 105.9, ARI 103.0, RGI 109.0). First time post-acquisition. Rodeo delivered.