TAMPA, FL—Liberty Group has acquired a portfolio of four Marriott, Hilton and Carlson-branded hotels along Florida’s east coast.
Previously owned by the Carlyle Group and Blackstone, the portfolio consists of 317 guestrooms including Hampton Inn – Daytona/Ormond, FL; Hampton Inn – Vero Beach, FL; Fairfield Inn & Suites – Fort Pierce, FL; and Country Inn & Suites – Vero Beach, FL.
The hotels will be managed by Liberty Hospitality Management and undergo significant capital improvements as part of the investment strategy.
In the past 18 months, Liberty Group has acquired or opened 14 hotels representing approximately $125 million in investments. The acquisition marks Liberty Group’s 54th hotel acquisition since its founding 35 years ago.