Blackstone acquires Tampa Bay DoubleTree

Blackstone Group acquired the DoubleTree Tampa Airport Hotel in Westshore for $35.6 million, according to Hillsborough County property records.

Blackstone's deal, which closed Aug. 5, breaks down to to $72,000 per key. The seller was GE Capital Real Estate.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


The 489-room, full-service hotel at 4500 W. Cypress St. was built in 1973. The price recorded in property records may not represent the full price of the transaction as it sometimes doesn't include all of the assets that come with the hotel, such as furniture.

Suggested Articles

The company's main markets are still substantially affected by the measures rolled out to combat the COVID-19 health crisis.

Revenue per available room and occupancy increased over Q2, but uncertainty around the industry’s recovery remains.

The integration aims to provide hoteliers with seamless and complete visibility over group, catering and event sales performance activity.