Key International buys dual-branded hotel in Clearwater

$71 million purchase adds 255 rooms to Miami firm's portfolio

  • By Kevin McQuaid
  • | 6:00 a.m. November 23, 2018
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Key International has acquired the Residence Inn and SpringHill Suites hotels in Clearwater
COURTESY PHOTO — Key International has acquired the Residence Inn and SpringHill Suites hotels in Clearwater
  • Commercial Real Estate
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An affiliate of Miami-based Key International Inc. has acquired a dual-branded hotel in Clearwater it had managed that was completed last year, Pinellas County property records show.

Key Clearwater LLC spent $71 million to buy the SpringHill Suites and Residence Inn Clearwater Beach, among the company’s first acquisitions along the Gulf Coast.

 

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