Comfort Suites near Disney World sells for $22M

DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, arranged the sale of the award-winning 198-room, seven-story Comfort Suites Maingate East for $22 million.

The company represented both the seller and buyer in the transaction and held the exclusive listing with the seller, generating 175 signed confidentiality agreements from qualified buyers and receiving 16 offers from buyers throughout the country and internationally.

“The sale of the Comfort Suites Maingate East generated interest from investors all over the country and internationally,” said Dennis S. Hopper, managing principal, DSH Hotel Advisors. “The majority of buyers bidding on the property already had numerous hotels in their portfolio and wanted to gain market share in the Disney area. This was a unique buying opportunity—a seven-story, 198-room (all suites), resort near Disney World. While the flag is Comfort Suites, the long-time owner and developer of the hotel really went all-out when developing the property, and it far exceeds typical Comfort Suites requirements, in my opinion. The close proximity to Old Town and Fun Spot Theme Park are also great amenities for the hotel’s guests.”

The Comfort Suites Maingate East was constructed in 2000 and had an extensive renovation completed between 2016-2020. The property is located within close proximity to all Disney World attractions and resorts as well as several other major demand generators.