The Pink Palace on St. Pete Beach has a new owner. The Loews Don CeSar Hotel was purchased by Host Hotels & Resorts and will be managed by Davidson Hotels more
Hotels
Developer Scores Approval for North Beach Hotel
A French developer is moving forward with its plans to build a boutique hotel in North Beach. IC Property Capital Corp., led by Lucas Mattout, secured approval from the Miami Beach more
Groundbreaking Set for Coconut Creek Hotel
Miami-based Morlin Hospitality Group will hold a ground-breaking ceremony Wednesday for a Residence Inn by Marriott hotel in Coconut Creek. The six-story, 105-room, extended-stay hotel will be Morlin’s second in Coconut more
Blue Road Buys South Beach Hotel
Blue Road just paid $17.5 million for a boutique hotel in South Beach, expanding its holdings on Collins Avenue, The Real Deal has learned. The Miami development company, led by more
The Beverly Wilshire Hotel Brings Sky-High Glamping to Beverly Hills
The iconic Beverly Wilshire, A Four Seasons Hotel is known as much for its millionaire clientele as its million-dollar location at the junction of Rodeo Drive and Wilshire Boulevard. This more
Jacksonville’s Biggest Hotel Fetches $109.9M
The new owner of the 951-room Hyatt Regency Jacksonville Riverfront is Houston-based Westmont Hospitality Group, which has equity interests in 500-plus hotels on three continents. Westmont last year paid $120.5 more
Fort Lauderdale Condo Hotel to Open Oct. 10
Hurricane Irma delayed the opening of the Conrad Fort Lauderdale Beach resort until Oct. 10. The 24-story condo hotel had been scheduled to open by the end of September for more
Vinik-Cascade Team Unveils Plans for 500-room Hotel for Water Street Tampa
“A true game-changer,” said Alex Kaptzan, vice president of convention sales at Visit Tampa Bay. The new hotel will not only help convention recruiters book larger groups, but it should more
Prime Hospitality Group and Shaner Hotels Set for Winter Debut Art Ovation Hotel in Sarasota, Florida
Art Ovation Hotel will be the newest addition to downtown Sarasota when it debuts this Winter. The 162-room boutique hotel will be an Autograph Collection Hotel, and plans to make more
Hotel Inventory on the Rise in Sarasota County
Sarasota County will add more than 1,000 hotel rooms within the next two years, according to a press release. Most of these hotel rooms will be centered around Sarasota’s downtown more
Atlanta Firm Picks Up Element Miami Hotel Near Airport
Norwich Partners just sold the Element Miami International Airport hotel to Peachtree Hotel Group. The five-story, 209-key hotel at 3525 Northwest 25th Street sold for $22 million, Norwich managing member David more
Sternlicht’s Starwood Invests $250M in Yotel
Starwood is acquiring a 30 percent stake in the company as it diversifies its hospitality portfolio amid competition from short-term rental sites like Airbnb, Skift reported. Starwood is working with more
Investors Mortgage a Strip of Hotels and Motels Near Fort Lauderdale Beach
A group of investors just scored an $11 million mortgage on a strip of hotels and motels near Fort Lauderdale Beach, records show. Hollywood-based A&D Mortgage was the lender. The more
Miami-Area Hotels Escape Irma With Little Damage
“Most of the hotels I’ve been to never even lost electric,” said Steve Boucher, owner of the contracting company Boucher Brothers, which runs beach concession operations for the city of more
Historic Haunts: 9 Glamorous Hotels Hollywood’s Biggest Stars Have Called Home
Celebrities during Hollywood’s heyday liked to be seen—preferably with champagne glasses aloft. Often these soirees took place in far-flung hotels with guest lists with so much star power that nobody more
Hotels are Hiding Room Rates in “Resort Fees,” but the Feds Have Taken Notice
More hotels charge carefully hidden resort fees as they face growing competition from Airbnb and tumbling room rates. The number of hotels charging such fees increased by 26 percent last more
Homewood Suites by Hilton Sarasota Lakewood Ranch Opens
“This is an exciting time for Sarasota County as the destination recently experienced a record-breaking number of visitors from around the country looking for a relaxing Florida getaway,” said Jan more
Developer’s Plan for $100M Hotel Project in Sarasota Close to City Review
Sarasota’s Sandcastle Resort property in Lido Beach could be on the cusp of receiving a major upgrade. Ocean Properties Hotels & Resorts could seek approvals before the city commission as more
JW Marriott to Be Built at Orlando’s Bonnet Creek
Another JW Marriott hotel is coming to Orlando, and it will be built at Bonnet Creek, a resort development surrounded by the Walt Disney World Resort. Construction of the JW more
California REIT pays $175M for Oceans Edge Hotel and Marina in Stock Island
Sunstone Hotel Investors paid $1 million per room for the 175-room Stock Island resort, according to a press release. Developer Pritam Singh of Singh Co. opened the $25 million Ocean’s Edge more