11 APRIL 2024

HUNTER HOTEL ADVISORS ANNOUNCES SALE OF BEST WESTERN SUGAR SANDS INN & SUITES

Hunter Hotel Advisors ("HUNTER") today announced the successful sale of the Best Western Sugar Sands Inn & Suites in Destin, Florida. Omega Hotel Group sold the property to an institutional buyer on April 4, 2024. HUNTER’s Senior Vice President, Shamir Patel, executed the transaction. The new buyer intends to reposition the property as a Spark by Hilton.

The Best Western Sugar Sands Inn & Suites offers 137 keys to the heart of Destin. Situated conveniently off Emerald Coast Parkway, the hotel provides easy access to Destin’s renowned white sand beaches, extending over 24 miles and accompanied by crystal-clear blue waters. Beyond beachfront relaxation, guests enjoy nearby shopping and dining opportunities, as well as various outdoor activities including boating, fishing, paddleboarding and snorkeling. With approximately 4.5 million visitors flocking to Destin annually, the hotel stands ready to cater to the steady stream of tourists. 

“We had the privilege of representing both the seller and buyer on this transaction,” said Shamir Patel, senior vice president of HUNTER. “Destin is one of the most sought-after markets in Florida, with an almost impossible barrier to entry. We are very excited to see what this new Spark by Hilton brand can do there.”