Downtown Fort Myers Hotel Changes Hands in Joint Venture Acquisition
SUITE TALK September 26, 2018 admin
Iowa-based firm Hawkeye Hotels in a joint venture with Georgia-based HOS Management (HOS) has purchased Hotel Indigo in downtown Fort Myers for an undisclosed sum. HOS will manage the property, which is the first Florida asset in Hawkeye Hotels’ portfolio.
Located on Broadway in the heart of downtown, the seven-story hotel has oversized guest rooms and seven suites with hardwood floors, a rooftop pool and bar, and an attached retail space. Neither buyer purchased the retail space, which will continue to operate for guests’ convenience.
“We look forward to joining and collaborating with the community of Fort Myers,” said Ravi Patel, president of Hawkeye Hotels. “Hotel Indigo’s location makes it a highly valuable asset, due to not only the long history of Fort Myers, but also the area’s increasing popularity as both a great vacation destination and a great place to call home.”
Hotel Indigo is located near The Burroughs Home and Gardens, Centennial Park and other local attractions, and within walking distance of the Caloosahatchee waterfront, Harborside Event Center and numerous restaurants, bars and cultural venues. Throughout any possible renovations, HOS has promised to work closely with local officials to preserve the region’s rich history.
Founded in 1982 with one roadside hotel in Mena, Arkansas, Hawkeye Hotels has become one of the fastestgrowing family-owned hospitality companies in the United States. Today, the firm owns and operates more than 50 hotels across the country and employs more than 1,500 staff across its portfolio of hotels and corporate offices.
Savannah, Georgia-based HOS is a second-generation company with 30+ years of hospitality experience. Founded by brothers Anil Patel and Kirit Patel, the family-run business boasts a diverse collection of hotels and retail developments in the Southeast.