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News
17Jun2019
Hunter Hotel Advisors Closes Beachfront Hampton Inn & Suites Panama City Beach, Florida in Quiet Transaction
Hunter Hotel Advisors announces the sale and recapitalization of the Hampton Inn & Suites Panama City Beach, Florida, Beachfront.
Built in 2017 by Innisfree Hotels in partnership with Stonehill, this 182-suite hotel boasts an irreplaceable oceanfront location on the northern Florida Gulf Coast, situated centrally in this action-packed tourist destination. The two-story atrium lobby features breathtaking views of the ocean, visible from the lobby bar or gathering areas. Guests can explore miles of white sand beaches, and enjoy restaurants and attractions like Pier Park, Gulf World Marine Park, Shipwreck Island Park and more. Innisfree, who will continue to manage the hotel, retained an ownership stake in partnership with Wesley and Donna Spruill.
“Hunter quietly curated the offering of this property, leveraging strong affiliations with potential buyers to help procure the best possible outcome for the partnership. Great properties like this are rarely available, and we are pleased to have relationships in the market that help us serve up success to buyers and sellers alike.” – Teague Hunter, President, Hunter Hotel Advisors.