MCR expands presence in Florida with acquisition of three hotels

These hotels are located in Orlando and Daytona Beach, which are among the fastest-growing Florida markets.

June 06 2023

New York-based hotel owner-operator MCR has acquired three hotels totalling 384 rooms, in Florida, US.

These hotels, a Hampton Inn by Hilton, a Courtyard by Marriott and a Hyatt Place, are located in Orlando and Daytona Beach, which are among the fastest-growing markets in Florida.

The 169-room Hyatt Place in Orlando/Lake Buena Vista is conveniently located near popular attractions such as Walt Disney World Resort and Universal Studios.

The 111-room Hampton Inn in Daytona Shores offers direct beach access and is close to dining and golfing options, as well as Daytona International Speedway.

The 104-room Courtyard Marriott in DeLand Historic Downtown is situated near Stetson University and local attractions, such as SkyDive DeLand and Downtown DeLand.

Each hotel offers various amenities such as restaurants, pools, fitness centres, meeting spaces and free Wi-Fi.

With these deals, MCR now owns a total of 13 hotels in Florida.

In February, MCR acquired Hilton Miami Airport Blue Lagoon, a 14-story hotel featuring 508 rooms, in Miami, Florida.

This hotel, with a key waterfront setting within the Blue Lagoon business park, is situated south of Miami International Airport, a hub for more than 90 carriers. 

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