NexGen Hotels acquires St. Petersburg Holiday Inn

NexGen Hotels, a hotel development and management company based in Itasca, IL, has acquired the Holiday Inn St. Petersburg West. The 129-room hotel will be managed by St. Louis-based Genuine Hospitality Group.

Located about three miles from downtown St. Petersburg, the property is also close to Tropicana Field, the Dali Museum, Morean Arts Center, Duke Energy Center for the Arts – Mahaffey Theater and Al Lang Stadium. The hotel is also near the University of South Florida – St. Petersburg Campus, St. Petersburg College and Stetson University.

Chris Patel, president, NexGen Hotels, said, “This acquisition offers NexGen Hotels an excellent opportunity to become a key player in the strong hotel market in St. Petersburg.”

Hotel amenities include an outdoor resort-style, heated swimming pool and whirlpool spa, a fitness center, a full-service restaurant/bar, a grab-and-go market, complimentary WiFi and a boardroom.