New Hilton planned for Sarasota County

Home2

A new Home2 Suites is planned for Sarasota, Fla.

The 109-room property will be located near both Sarasota-Bradenton international Airport and the University of South Florida’s Sarasota-Manatee campus. The planned all-suite hotel will be located on 2.5 acres of land tract zoned for commercial use. The owner, Excel Sarasota 1, bought the land in November 2013 for $200,000.

The hotel will be located near an existing Hilton-branded hotel, the Hilton Garden Inn Sarasota-Bradenton Airport.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Sarasota County reportedly had more than 1 million lodgers in a single year for the first time in 2015, though the area has only 5,166 rooms at motels and hotels. Neighboring Manatee County has 6,200. Three other hotels are under construction in downtown Sarasota roughly four miles south of the planned Home2 Suites. The 139-room Aloft Sarasota by Starwood opened this year in the town as well.

Read more on

Suggested Articles

Ahead of the Israel Hotel Investment Summit, Christian Michel, VP of development for Wyndham Hotels & Resorts, talks about the value of brands.

Meliá Hotels International still expects to see a “moderately positive year end” after EBITDA drop, pulled down by lower capital gains against 2018.

As a rapidly rising hotel investment market, Italy is attracting interest from a range of companies—most recently, France's Covivio Hotels.