Hilton Garden Inn Destin Miramar Beach
Island Hospitality Management Assumes Operations of the Hilton Garden Inn Destin Miramar Beach in Florida
Island Hospitality | March 17, 2022
MIRAMAR BEACH, FL — March 17, 2022 — Officials of Island Hospitality Management, the premier third-party management company for select-service and upscale, extended-stay hotels in the United States, announced today that the company has taken over operations of the 111-room Hilton Garden Inn Destin Miramar Beach in Fla., on behalf of Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. “We continue to expand our third-party management footprint throughout the Southeast, with the Hilton Garden Inn Dest...
Chatham Lodging Trust Acquires Hilton Garden Inn Destin Miramar Beach for $31M
Chatham Lodging Trust | March 9, 2022
WEST PALM BEACH, FL — March 9, 2022 — Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that the company has acquired the beachside 111-room Hilton Garden Inn Destin Miramar Beach, Fla., in an off-market transaction for $31 million, or approximately $279,000 per room. Recently opened in 2020, the hotel is within walking distance of the pristine white sands of the Gulf of Mexico. The hotel’s location in Miramar Beach is well situated in relation to the thriving Santa Rosa Beach and Destin ...
