Keyword: Key International
The Atlanta-based company agreed to operate a 127-room Holiday Inn and an upcoming, 160-key Embassy Suites by Hilton.
The Florida hotel, which was acquired as three adjoining land parcels that span more than a half-acre, will consist of 171 guestrooms.
Key International owns the 175-suite Embassy Suites by Hilton St. Augustine Beach Oceanfront Resort, and Hospitality Ventures Management Group manages it.
The 140-suite Residence Inn and 115-suite SpringHill Suites were developed by 3H Group.
This news follows the completion of initial upgrades, such as the January 2017 opening of Baja-inspired Mexican eatery Lolos Surf Cantina.
by HM Staff
The new owner plans to invest more than $2 million to renovate the property.