Hunter Hotel Advisors Brokers Sale Of WPB Courtyard Hotel For $200,000 Per Room

Hunter Hotel Advisors brokered the sale of Courtyard West Palm Beach Airport.

MHG Hotels, LLC acquired the property from Whitestone Companies on November 17, 2023 for $20.5 million. The price equated to nearly $200,000 per room.

Leading the transaction was Hunter’s Miami Office, with Executive Vice President Robert Taylor and Senior Vice President Sophia Pittaluga executing the deal on behalf of the seller.

“We are thrilled to welcome Courtyard West Palm Beach Airport to the MHG family,” said Sanjay Patel, President and CEO of MHG. “This acquisition aligns with our commitment to expanding our presence in key markets and providing our guests with exceptional options for their travel needs.”

Nestled in the heart of Palm Beach County, the Courtyard West Palm Beach provides 103 keys to meet the burgeoning demands of the area. Guests enjoy the upscale amenities offered, including an onsite restaurant, fitness center, outdoor pool, and a 1,155 sq ft meeting space. A mere two miles away lies Downtown West Palm Beach, a hub of cultural richness housing attractions like the Norton Museum of Art and the Raymond F. Kravis Center for the Performing Arts, alongside a plethora of top-tier restaurants, music venues, nightlife, shops, and the latest development projects.

“We are pleased to have successfully orchestrated the sale of Courtyard West Palm Beach Airport. This transaction underscores HUNTER’s unwavering commitment to delivering exceptional results in dynamic hospitality markets,” said Sophia Pittaluga, Senior Vice President at Hunter.