McKibbon to manage 7 Liberty Team resorts

Tampa, Fla.-based administration firm McKibbon Hospitality has fashioned a new strategic partnership with Tampa-centered business authentic estate agency Liberty Group. As Liberty Team shifts its focus to development, genuine estate and asset management, the enterprise will transition management of its remaining seven hotels to McKibbon.

The seven inns are the Fairfield Inn & Suites Fort Pierce (Fla.) Hampton Inn & Suites Cape Coral (Fla.) Hampton Inn Norfolk/Virginia Seashore (Va.) Hampton Inn Ormond Seaside (Fla.) Hampton Inn & Suites Tampa East Hampton Inn Vero Beach (Fla.) and Hampton Inn & Suites Woman Lake/The Villages in Girl Lake, Fla. An further resort growth challenge, Dwelling2 Suites Girl Lake/The Villages, lately broke ground and will be managed by McKibbon upon its completion in summer time 2022.

Launched in 1980 by Raxit Shah, Liberty Group has evolved from a hotel developer/operator to a diversified family business office. Today, the business is led by Punit Shah, CEO and common lover of its private fairness money, who took the reins much more than a 10 years back subsequent his father’s retirement, top the company in the acquisition of additional than 50 resorts due to the fact that time.

“From our family members roots to our company cultures and commitments to often functioning with the best amount of integrity, Liberty Group and McKibbon Hospitality are really aligned, which manufactured entrusting them with the management of these homes extremely effortless we’re basically superior jointly,” Shah stated. “This partnership will let us to keep on exploring expanded opportunities for lodge investments and development, all though knowing these seven motels and its associates are in reliable arms.”

The administration contract for these qualities expands McKibbon’s existence in the course of Florida marketplaces, where by the business at this time manages 44 further houses. The seven lodges incorporate a complete of 607 new rooms to McKibbon’s all round management portfolio, bringing the overall number of guestrooms to 10,509 across 92 lodges throughout the U.S.