Hotel Feasibility Study in the Tulsa, OK Metro Area

Hotel or motel loans in Tulsa

Tulsa lodging mirrors the national share of lending, at 1.00x on the location quotient, but its loans are larger, with a median 1.29x the national one. From FY2017 through FY2026, SBA approved 31 loans for hotels and motels in Tulsa, OK, $86.7 million together. Tulsa, OK places 63 of 807 nationally for this class; the class is 7 of 39 locally. At 1.00x on the location quotient, hotels and motels take about the same share of Tulsa loans as of loans across the country. Tulsa loan size runs high: $2.8 million at the median, 1.29x the national median for hotels and motels.

Loans in the middle half sit between $1.4 million and $4.0 million. A plan priced below $1.4 million would be among the smaller Tulsa loans on record. Loan Analytics withholds program counts for Tulsa, and none is shown as zero. Franchise share stands at 74.2% for hotels and motels. The $2.8 million median is the first yardstick. $1.4 million to $4.0 million is the usual spread. A Tulsa plan should say if it is branded. Program choice rests on the project here. SBA codes all hotels and motels as one group, so the lodging format behind any single loan stays invisible.

Holders, places and years in Tulsa

Place by place, Tulsa County, OK holds 24. Year by year, FY2022 shows 5 loans and $15.7 million and FY2023 shows 6 loans and $15.5 million. The remaining years are withheld. Their loan counts are thin. They are undefined, never zero. A few printed years show no direction. The record helps frame a Tulsa request. Local evidence completes the picture.

Questions a hotel or motel study in Tulsa must answer

Charge-off and cancellation rates: none for Tulsa. The cohort has too few loans. Withheld does not mean zero. Areas are federal groupings, 2023 edition. The project county places the loan. Names are compared county to county. Unplaceable loans are left out everywhere. Tulsa shows $86.7 million across 31 loans. History is not a substitute for analysis. Before a lender sees a hotel or motel project in Tulsa, the study should test net income after franchise fees, occupancy once nearby rooms are counted, staffing cost per occupied room, reserve funding for replacements, the competing supply near the site, renovation cost if converting a property against the $2.8 million median, room demand at the needed rate, and the value opinion a lender relies on. None of this forecasts a Tulsa request. The study has to make its case.