Tampa hotel owner expands into Mississippi, Kentucky

TAMPA -- National hotel owner Liberty Group has added three more locations to its portfolio. The Tampa-based group acquired a small chunk of an overall 26-hotel package Goldman Sachs purchased in 2007 for $300 million.

Liberty purchased three Fairfield Inn & Suites hotels in Mississippi and Kentucky. It includes the Fairfield Inn at 15151 Turkey Creek Drive in Gulfport, Miss.; the Fairfield Inn at 173 Thornhill Drive in Hattiesburg, Miss.; and the Fairfield Inn at 100 E. Jefferson St. in Louisville, Ky. Terms of the deals were not disclosed.

The portfolio totals 236 rooms, and will be managed by Liberty's hospitality management division. The company plans “significant” capital improvements to the hotels, although details of those improvements were not released.