Ramada Titusville/Kennedy Space Center Sold To Shivstar Investments
Monday September 9th, 2013 - 5:08PM E
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TITUSVILLE, FL—The Ramada Titusville/Kennedy Space Center here has been sold for $1.65 million.
The sale of the 124-room property was announced by MBA Hotels Brokers inc., a member of Hotel Brokers International, on behalf of the seller, Painter Bay Trust. The buyer, Shivstar Investments LLC, plans to convert the hotel to another brand.
The hotel is located off I-95 near Florida beaches, Kennedy Space Flight Center and Museum, and 35 miles from Orlando.
Tags: sold • converted • Hospitality • Acquisitions •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.