Archives for February 2016

Cleawater Beach Hyatt Sale Among Highest

Hyatt Regency Resort & Spa

Hyatt Regency Resort & Spa

2 hotels on Clearwater Beach have fetched near record figures in the past year. The 242 room Hyatt Regency Clearwater Beach Resort and Spa was just sold for $120.5 million. Last February the Clearwater Beach Hilton sold for $134 million. Only the Tampa Marriott Waterside topped the sales prices when it was sold for $199 million in 2014. The Clearwater area hotel market is among the strongest in the US, whith occupancy up 5.6 percent last year and the strongest increase in per-room revenues.