Two recently completed hotels in downtown Austin’s Red River Cultural District are up for sale.
The 171-room Holiday Inn Express & Suites Austin Downtown/University and the 134-room Hotel Indigo Austin Downtown/University share a building at the corner of East Ninth and Red River streets, adjacent to a number of restaurants and live music venues.
They’re being marketed by Holliday Fenoglio Fowler on behalf of the developer, Austin-based JCI Hospitality.
A selling price isn’t disclosed in marketing materials.
The two hotels opened this spring, part of a building boom that has added several new hotels to the city’s skyline in recent years. More are on the way, including the Fairmont Austin at East Cesar Chavez and Red River streets, an Aloft and Element at Congress Avenue and East Seventh Street and a Hyatt House at East Ninth and Neches streets, among others.