30 October 2023

HUNTER HOTEL ADVISORS BROKERS SALE OF COURTYARD AND RESIDENCE INN TAMPA OLDSMAR

Hunter Hotel Advisors (“HUNTER”) is pleased to announce the sale of the Courtyard and Residence Inn Tampa Oldsmar. KMD Hospitality Management, LLC (“KMD”) purchased the property from MIG Real Estate Group (“MIG”) on October 5, 2023. HUNTER’s Executive Vice President, Robert Taylor, and Senior Vice Presidents, Trey Scott and Sophia Pittaluga, arranged the sale on behalf of MIG in Florida.  

“In a recent strategic move, KMD has successfully acquired two prominent hotels in a significant transaction, marking a pivotal moment in its quest for growth and influence within the hospitality sector in Tampa,” said Manny Patel, President and CEO of KMD. “As it looks to the future, KMD is unwavering in its mission to enhance and diversify its offerings, all while maintaining a strong connection to its local roots. With this exciting acquisition, they are set to raise the bar and continue their path to becoming a beacon of hospitality excellence in the region.”

The Courtyard and Residence Inn Tampa Oldsmar provide 177 keys to the center of the Tampa Metropolitan Area. The two hotels offer guests a fitness center, outdoor pool, and meeting space. Less than two miles from the properties sits the Tampa Bay Downs Oldsmar, which has been home to Thoroughbred racing, high-stakes poker, golfing facilities, and the annual Tampa Bay Derby. Guests enjoy easy access to Tampa’s popular tourist attractions including Busch Gardens Tampa Bay, Adventure Island, Lowry Park Zoo, and Florida Aquarium.