Key International, LBA Hospitality Complete Gainesville Hotel Reno
- May 25, 2017
Key International, a real estate investment and development company specializing in hospitality, and LBA Hospitality, a hotel management, development and consulting firm, announced the completion of a nearly $2 million renovation to the 124-key Hampton Inn & Suites Gainesville-Downtown in Florida. In September 2016, Key International acquired the asset for $27 million and shortly began renovations in November under the supervision of LBA Hospitality.
The guestrooms, 27 studio suites, 1,700 square feet of meeting and social event space, lobby, reception and breakfast room have all been upgraded. Each room now features textured wallpaper, wood finishes, adaptable furniture pieces and increased lighting. Hotel amenities include a 24-hour business center, free Wi-Fi, a fitness center and a swimming pool.
Located at 101 Southeast 1st Ave., the Hampton Inn & Suites Gainesville-Downtown is conveniently located off Interstate 75, at Archer Road, and 18 miles from the Gainesville Regional Airport. The hotel is a five-minute drive from the 2,000-acre campus of University of Florida, close to the Florida Museum of Natural History, the University of Florida Golf Course and the Thomas Center art galleries.
“We are pleased to see the culmination of the renovation occur in such a short timeframe since we purchased the hotel last year,” said Key International Executive Vice President of Hospitality Shawn Gracey, in prepared remarks.
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