Hospitality for Sale in Savannah, Georgia
Savannah is one of America's most beautiful and fastest-growing hospitality markets, a historic port city whose 22 moss-draped squares, antebellum mansions, and vibrant arts and culinary scene attract over 14 million visitors annually and generate consistently strong hotel and restaurant performance. The city's Savannah College of Art and Design has transformed its cultural profile, attracting a younger, design-conscious visitor alongside the traditional heritage tourist. For buyers, Savannah offers a premium Southern boutique hospitality market with improving fundamentals, rising ADR, and a visitor growth trajectory that consistently outperforms national averages.
About Savannah
Savannah's visitor economy is driven by its extraordinary historic district — one of the largest National Historic Landmark Districts in the US — alongside the SCAD arts scene, River Street waterfront, and one of the South's most acclaimed food and drink cultures. The city's hospitality growth has accelerated significantly since 2015, with multiple boutique hotel openings, James Beard-nominated restaurants, and a growing corporate and film production sector. The Savannah Convention Center adds a stable group and corporate revenue stream. Proximity to Tybee Island beach extends the visitor catchment. Historic preservation rules limit new supply in the premier historic core, creating structural undersupply for quality boutique assets.
Hospitality Market Overview – Savannah
Savannah's hospitality investment market has seen rapid growth in boutique hotel and restaurant valuations. Historic inns and boutique hotels in the historic district trade at $2M–$15M+. Restaurant and bar businesses on Broughton Street, River Street and the City Market fetch $400K–$2.5M. Occupancy rates for quality boutique properties average 78–84%. The growing film production industry generates consistent extended-stay corporate demand. Buyer profiles include boutique hotel operators, lifestyle investors, and institutional buyers recognizing Savannah's accelerating national profile.
Price Guide – Savannah
Historic inns and boutique hotels in Savannah's historic district sell for $2M–$15M+. Restaurant and bar businesses fetch $400K–$2.5M. Full-service hotel assets adjacent to the convention center command significant premiums. Savannah offers compelling value versus Charleston for comparable boutique hospitality assets, with stronger visitor growth trajectories and improving RevPAR making it one of the Southeast's most attractive emerging investment markets.