Blog Archives

MPH Hotels Sells Holiday Inn Express in Trinity

Trinity 123 LLC acquired the 87-room Holiday Inn Express at 2125 Corportate Center Blvd. in Trinity, FL from MPH Hotels, Inc. for $ 12.22 million, or about $ 142,000 per unit. The 50,000-square-foot hospitalty building delivered in 2015 in Pasco County, directly across from the West Pasco Industrial Park. Robb Sercu and Kim Lohry of […]

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Host Hotels Pays $214M for Don CeSar Resort on St Pete Beach (UPDATE)

Host Hotels & Resorts LP acquired the Don CeSar Beach Resort at 3400 Gulf Blvd. in St. Pete Beach, FL for $ 214 million, or about $ 617,000 per room, from Prudential Insurance and minority partner Loews Corporation, which managed the asset. The Don CeSar will now be operated as an independent hotel and managed […]

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Dowling Hotels Sells Sands of Treasure Island Motel

Pride Enterprises purchased the 34-room Sands of Treasure Island hotel at 11800 Gulf Blvd. in Treasure Island, FL from Dowling Hotels, Inc. for $ 5.25 million, or about $ 154,000 per room. Totaling 22,598 square feet, it was constructed in 1947 in the South Pinellas submarket. The motel will be extensively renovated. The transaction included […]

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Prices Paid to Tampa Hotels Show City’s Popularity Among Travelers

TAMPA is among the 50 Most Popular Cities for both American and foreign travelers in 2014, based on Hotels.com’s report on actual hotel bookings and actual prices paid by travelers per night in the first half of 2014. It ranked 24th in average price paid by American travelers for hotel accommodation and it ranked 31st […]

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