Renaissance New Orleans Pere Marquette | 275 Keys | French Quarter

Investment Highlights

• 275-Key Upper Upscale Hotel in the French Quarter – Renaissance-branded hotel located steps from Bourbon Street, Jackson Square, Caesars Casino, and New Orleans’ most visited tourism corridors.
• Irreplaceable French Quarter Location – Situated in one of the most supply-constrained hotel submarkets in the country, protected by long-standing development moratoriums.
• In-Place Group & Leisure Demand – Benefits from proximity to the Ernest N. Morial Convention Center, Caesars Superdome, Smoothie King Center, and year-round festivals and events.
• Value-Add Through Renovation – Opportunity to drive ADR and RevPAR through comprehensive guestroom, public space, and F&B enhancements.
• Marriott Renaissance Brand Affiliation – Leverages Marriott’s global distribution, loyalty platform, and brand recognition in a premier tourism market.
• Operational Flexibility – Ability to pursue a franchise model post-acquisition, subject to PIP requirements, providing potential margin expansion and management efficiency.

Offering Summary

JLL, in conjunction with RealINSIGHT Marketplace, is pleased to present for sale the Renaissance New Orleans Pere Marquette French Quarter Area, a 275-key, upper upscale hotel located at 817 Common Street in the heart of the French Quarter. Opened in 2001, the Hotel features approximately 216,985 square feet and offers a full-service amenity package including meeting space, fitness facilities, on-site food and beverage, and concierge services.

The Hotel is strategically positioned within walking distance of New Orleans’ most prominent leisure, gaming, and cultural demand drivers while also benefiting from strong group demand generated by the nearby convention center and major sporting venues. The French Quarter’s highly constrained supply environment supports long-term rate growth and sustained occupancy.

The offering presents a compelling value-add opportunity through targeted renovations and potential operational restructuring, allowing a new owner to enhance cash flow and capitalize on continued strength in New Orleans’ tourism, convention, and event-driven lodging market.