Hyatt Place Sarasota Changes Hands for $16.1 Million
A multi-brand hospitality company that is building two new hotels here just paid $16.1 million for the Hyatt Place Sarasota. The three-story Hyatt Place Sarasota, built in 2008, was assessed for tax purposes at $5.3 million. It was sold by Bay Winds Lodging Sarasota LLC, a unit of White’s Lodging in Naples. [Link]