Gulf Coast hotel sales climb into new territory

Long eclipsed by markets like Miami and Key West, recent deals signal that trends may be changing.

  • By Kevin McQuaid
  • | 6:00 a.m. August 31, 2018
COURTESY PHOTO — The sale of the Ritz-Carlton Sarasota resort for $171 million illustrates that the Gulf Coast is becoming more desirable for institutional investors.
COURTESY PHOTO — The sale of the Ritz-Carlton Sarasota resort for $171 million illustrates that the Gulf Coast is becoming more desirable for institutional investors.
  • Commercial Real Estate
  • Share

When it comes to hotel sales superlatives, Miami, Key West and Orlando typically occupy the top ranks of lodging project lists.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 25, 2026
Fort Myers industrial park under construction
  • March 25, 2026
Multimillion-dollar clubhouse renovation begins at Sara Bay Country Club
  • March 25, 2026
Waterfront hotel in Bradenton under new management
  • March 25, 2026
Sarasota mental health nonprofit pushes to hit $4M fundraising goal

Sponsored Content