Property Overview:
The Holiday Inn Express & Suites Magnolia-Lake Columbia is a 56-room, three-story, upper-midscale property. The InterContinental Hotels Group-branded property offers guest rooms with a mini-refrigerator, microwave, and flat-screen television while common area features include an on-site business center, fitness center, and indoor heated pool.
Location Overview:
The city of Magnolia is positioned in the southwestern part of Arkansas, deep in the pine forests of the state. The city is located at the intersection of three of the major thoroughfares of southwest Arkansas, including US Highways 79, 82, and 371, and with diverse rural and urban industries in the region, this provides clear transportation routes for cargo shipments. Magnolia is rich in natural and renewable resources such as oil, gas, timber, bromine, and with this, the region has seen a slight increase in agriculture and farming production. In addition, the Federal Reserve Board approved Magnolia Banking Corporation's acquisition of Prescott Bankshares, Inc with consolidated assets of approximately $1.6 billion. The Holiday Inn Express & Suites resides near Sapa Extrusions, CMC Steel and Amfuel companies generating business travelers' room demand. Also, located three miles from the property is Southern Arkansas University, with approximately 4,100 students and offers over 80 degrees and programs. The university hosts multiple scholastic and athletic events that generate room demand. Moreover, Logoly State Park is another attraction for leisure travelers and the state's first environmental education state park with a living laboratory for students and visitors.
