Hotel Feasibility Study in the New Orleans-Metairie, LA Metro Area

New Orleans-Metairie: hotel and motel lending

Within New Orleans-Metairie, during FY2017 to FY2026, SBA's data list 30 hotel and motel loans, carrying $99.5 million of gross dollars approved. Inside New Orleans-Metairie, hotel and motel lending is placed 3 of 39 against every other class here. By contrast, New Orleans-Metairie lands at 67 of 807 against every metro and micro area by hotel and motel loan count. New Orleans-Metairie's location quotient is 1.42x: more weight than nationally. Size is the metric on which New Orleans-Metairie stands apart for hotel and motel lending: median $3.5 million. The middle half of New Orleans-Metairie loans runs from $2.7 million to $4.4 million, and the median stands at a 1.60x multiple of the national class median. New Orleans-Metairie lodging loans are large: a median of $3.5 million at 1.60x, with the middle half running $2.7 million to $4.4 million, and franchised units at 70.0%. Hotels sit third in the local table (3 of 39), and the 1.42x location quotient says the class weighs heavily in the area's book. Orleans Parish holds 12 of the loans and Jefferson Parish 11.

In New Orleans-Metairie the 7(a) and 504 counts stay blank, as Loan Analytics prints no count drawn from fewer than 5 loans. Franchised units account for 70.0% of the New Orleans-Metairie loan count. In New Orleans-Metairie, no holder reaches five loans. New Orleans-Metairie therefore identifies no lender. Across counties: Orleans Parish, LA has 12 loans; Jefferson Parish, LA has 11 loans.

New Orleans-Metairie: years, floors and limits

The New Orleans-Metairie cell shows no year-by-year table on this page. New Orleans-Metairie's cancellation rate: not published, under 30 loans in all. Any New Orleans-Metairie charge-off rate: held back, below 30 loans in all. New Orleans-Metairie uses Loan Analytics' own cut-off. New Orleans-Metairie's FY2017 to FY2021 cohort is short. New Orleans-Metairie sits on the July 2023 list. New Orleans-Metairie admits a loan only by its county. New Orleans-Metairie drops unmatched loans. A single code covers all New Orleans-Metairie lodging. New Orleans-Metairie cannot separate limited-service from full-service. New Orleans-Metairie hotels and motels share a single code.

New Orleans-Metairie: what to test

New Orleans-Metairie lodging plans should name the franchise, its fees and required improvements, and test what nightly rate and occupancy the room count needs to carry a loan near $3.5 million, setting construction or renovation cost per room beside it. Because a single code blurs limited-service and full-service properties, compare like with like. Show a weak-season cash flow and an income case rooted in documented operations.