$300M
Total Investment
450
Luxury Keys
16-18%
Projected IRR
Q3 2029
Grand Opening
Project Overview
Hôtel Godard de La Bostrie represents a transformative $300 million luxury hotel development on Canal Street in the heart of New Orleans' historic French Quarter. This 23-24 story, 450-key independent luxury hotel honors the rich France-Caribbean heritage of New Orleans while delivering modern Forbes Five-Star caliber hospitality.
Opening in Q3 2029, the hotel will feature a stunning rooftop pool and bar, signature restaurant, full-service spa, meeting spaces, and ground-level retail—all within a federally designated Opportunity Zone offering significant tax advantages to investors.
Investment Highlights
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Opportunity Zone Benefits
Located in a federally designated Opportunity Zone, offering capital gains tax deferral until 2031 and 100% tax-free appreciation after 10 years.
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Strong Market Demand
New Orleans welcomes 19 million annual visitors generating $10 billion in tourism spending, with limited luxury hotel inventory creating exceptional demand.
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Experienced Management
Led by a seasoned development team with decades of luxury hospitality experience and proven track record in complex urban projects.
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Prime Location
Canal Street sits at the gateway to the French Quarter with exceptional visibility, access to downtown, and proximity to major attractions.
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Diverse Revenue Streams
Multiple revenue sources including rooms, rooftop bar, signature dining, spa services, event spaces, and retail partnerships.
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Conservative Projections
Financial models based on conservative assumptions with 16-18% equity IRR, $235 ADR, and 80% stabilized occupancy.
A Legacy of Elegance
In the early 1800s, François Marc de Godard de La Bostrie and his wife Marguerite Richette fled the Haitian Revolution and established themselves in New Orleans' French Quarter, opening an esteemed jewelry establishment on Royal Street.
Their story embodies the France-Caribbean heritage that defines New Orleans—a tale of resilience, elegance, and cultural fusion that continues to inspire our vision for this landmark hotel.
Signature Amenities
Rooftop Pool
Le Ciel rooftop oasis with city views
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Fine Dining
French-Creole cuisine in elegant settings
The Library Bar
Curated cocktails and rare spirits
Spa Services
Rejuvenating treatments and wellness
In the Heart of the New Orleans
Located on Canal Street, New Orleans, LA, our hotel places you at the center of the city’s energy and charm.
You’re just steps away from iconic culture, local dining, and lively neighborhoods.
Enjoy seamless access to major attractions, entertainment, and historic districts.
Experience the warm Southern hospitality that makes New Orleans truly unforgettable
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2 blocks from Jackson Square
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Walking distance to Bourbon Street
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15 minutes from Louis Armstrong Airport