Essex Hotel Management LLC has added TownePlace Suites by Marriott Fort Myers Estero in Estero, FL, to its expanding portfolio of hotels on the East Coast. This expansion brings the total count of hotels under Essex’s management to 15.
“We are thrilled to extend our portfolio into Estero, one of Florida’s most rapidly developing communities,” said Barbara Purvis, president, Essex Hotel Management. “In bringing the TownePlace Suites by Marriott Fort Myers Estero into our portfolio, we are not just adding our third Marriott brand, but we are enhancing our diverse collection of high-performing properties with an offering that is truly unique in its capabilities to meet the needs of extended-stay travelers. This is a significant step in our strategy to expand in vibrant, high-growth markets, and we’re confident that this latest addition will further elevate the standard of hospitality we are known for.”
Countryside Hotels LLC, an affiliate of one of Essex’s long-standing capital partners, recently acquired the property. Essex played a significant role in identifying the hotel, leading the due diligence process, facilitating the franchise application, and has also entered as a minor equity partner.
The property features 114 studio, one- and two-bedroom suites equipped with full kitchens, some offering lake views from the balcony. Amenities include an outdoor pool, fitness center, Coconut Cove bar with an adjacent patio and firepit, complimentary hot breakfast buffet and free WiFi.
The property will undergo a full refresh in the coming months focusing on enhancing the guest experience. This will include new soft seating, carpeting, flooring, window treatments and more.
Located midway between Naples and Fort Myers, the hotel is close to the Coconut Point Mall, the global headquarters of Hertz and the beaches of Fort Myers.