Holiday Inn Express & Suites Jacksonville Beach Sale

United States

Deal value: $8,400,000

PH Lodging Jax Beach LLC acquired the Holiday Inn Express & Suites Jacksonville Beach, FL, for $8.4 million, a 572% increase from its prior sale.

The core investment motivation is to capitalize on a recently renovated, well-located hotel asset in a strengthening hospitality market. The buyer, PH Lodging Jax Beach LLC, is betting on continued demand growth in the Jacksonville Beach area, driven by proximity to key attractions and recent $1.55M renovations. The 572% price increase from the prior sale reflects both improved asset quality and heightened investor appetite for upper-midscale hotels in strategic Florida markets.