Denver-based Mission Hill Hospitality, a leading select service and extended stay hotel investor, has acquired two Marriott hotels located in Clearwater Beach, Florida: the 144-key AC Hotel Clearwater Beach and the 139-key Courtyard Clearwater Beach. Terms are undisclosed.
These are the 30th and 31st properties added to the Mission Hill Hospitality portfolio since the company was launched in March 2021. The assets are Mission Hill’s fourth and fifth acquisitions in Florida, following the Inn of Naples – Tapestry Collection by Hilton, the SpringHill Suites by Marriott Navarre Beach, and the Home2 Suites by Hilton Jacksonville Airport.
“This investment provided a great opportunity for us to expand our portfolio in Florida with two core-branded assets in a high-barrier market,” said Mike Wilbert, managing director, Mission Hill Hospitality. “These well-located, recently developed select service properties offer exceptional amenities including rooftop restaurants, elevated pool decks, and a marina. Clearwater Beach and the surrounding market offer a variety of leisure demand drivers including renowned beaches, state parks, and world-class snorkeling, drawing visitors nationally and internationally.”
The AC Hotel, which opened in June 2022, is one of Clearwater Beach’s newest hotels. Located at 395 Coronado Drive, the hotel boasts 10th-floor views over the Gulf of Mexico and the Intracoastal Waterway. The hotel is located just steps from Clearwater Beach, providing guests with unrivaled views of Clearwater Bay. The hotel offers a variety of amenities such as a fitness center, an outdoor swimming pool, a pool deck bar, AC Kitchen and lounge, and a rooftop bar.
The Courtyard, located a few blocks north of the AC Hotel at 455 E. Shore Drive, opened in December 2021 and features seven floors of spacious modern, comfortable guest rooms. The Courtyard, which includes an adjacent 50-slip marina, offers guests easy access to Clearwater Beach and Pier 60, a top attraction in the area, with a 1,100-foot fishing pier and a recreational park with telescopes and covered pavilions. The hotel offers amenities such as a fitness center, an outdoor swimming pool with an elevated pool deck, a rooftop bar, on-site restaurant, and 1,000 square feet of meeting/event space.
The hotels are conveniently located within 10 miles of the St. Pete–Clearwater International Airport and approximately 21 miles from Tampa International Airport.