Pair of older St. Pete Beach hotels are ripe for repositioning

Grand Plaza Resort and Beachcomber Beach Hotel & Resort are the latest additions to Gencom Group's luxury portfolio.

  • By Kevin McQuaid
  • | 6:00 a.m. January 18, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — The 102-room Beachcomber Hotel & Resort could be razed as part of a repositioning by new owner Gencom Group.
COURTESY PHOTO — The 102-room Beachcomber Hotel & Resort could be razed as part of a repositioning by new owner Gencom Group.
  • Commercial Real Estate
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Despite its outsized $100 million purchase price, this month’s acquisition by a Gencom Group-led partnership of the Grand Plaza Resort and Beachcomber Beach Hotel & Resort, both on St. Pete Beach, appear to be somewhat out of character for the Miami-based company.

 

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