Hodges Ward Elliott (“HWE”) is pleased to present the opportunity to acquire the fee-simple interest in the 107-key Fairfield Inn & Suites Decatur at Decatur Conference Center (“Property” or “Hotel”). Opening in 2018, the Hotel is directly adjacent to the 27,000-SF Decatur Conference Center, providing built in demand and meeting space synergies.
Strategically positioned in a growing Sunbelt city, the Fairfield is both the newest hotel and the only Marriott-branded hotel in the market. Rapidly becoming an aerospace hub, Decatur's ongoing economic development and proximity to the Dallas-Fort Worth metroplex positions itself for continued growth, evidenced by greater than 22% population growth from 2020-2023.
| Address: | |
| YEAR OPENED: | 2018 |
| KEYS: | 107 |
| STORIES: | 4 |
| AMENITIES: |
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| INTEREST CONVEYED: | Fee Simple |
| MANAGEMENT: | Unencumbered |
| LABOR: | Non-Union |
Investment Highlights
Recent-Vintage, Premium-Branded Select Service
The Fairfield Inn & Suites is the newest hotel to deliver and the only Marriott-branded hotel in the market, offering the full power of the elite Marriott booking engine. There is no new hotel supply underway in a +20-mile radius, paving the way for persistent growth.
Growing Market & Robust Economic Development Department
Decatur is one of the fastest growing cities in Northwest Texas, exhibiting population growth of more than 22% from 2020-2023. The Decatur Economic Development Corporation (DEDC) has fostered major growth in lock step with the population, continuously attracting companies and development partners.
Eagles Landing Business Park + Aerospace Hub
Eagles Landing is Decatur’s premier business park and is quickly becoming the region’s aerospace hub. In late 2023, the DEDC purchased a 364-acre parcel adjacent to their existing 165 acres, for a new total of 529 acres of publicly owned industrial park. Aimed at attracting new companies and jobs, the business park has been a tremendous success thus far and is only growing in importance.
In January 2025, International Aviation Composites, a leading manufacturing and rotor blade company, announced it selected Decatur for its newest rotor-blade testing facility. The new addition comes on the heels of recent investments from Onyx Specialties and Omega Research, both of which have chosen Decatur as the site for their expanding operations. These companies, also serving defense and commercial aerospace clients, further contribute to the development of a dynamic aerospace cluster in the community.
Decatur Conference Center
The Decatur Conference Center boasts 27,000 square feet of meeting and event space, regularly hosting events ranging from trade shows, training seminars, and conventions, to weddings, family reunions, and concerts. Sharing a parking lot, the Fairfield is the greatest benefactor and provides the Hotel a unique offering to groups and corporate users alike.
