In a noteworthy development, DSH Hotel Advisors, a Tampa-based hotel brokerage and advisory firm, successfully brokered the sale of the 68-room Comfort Inn & Suites located in DeLand, Orlando, on December 11, 2024. The firm represented both the seller, VSK Express, LLC, and the buyer, SHIVA 400, LLC, although the sale price was not disclosed publicly. Amid challenging economic conditions and limited market activity, this successful transaction stands as a testament to the firm’s capabilities and extensive network.
Finishing the deal required extensive due diligence and negotiation. DSH Hotel Advisors obtained an impressive five offers from potential buyers across the nation, following the securing of 127 signed Confidentiality Agreements. The key executives at the firm have highlighted this sale as an exemplar of their ability to generate multiple competitive offers, ensuring a win-win outcome for both the seller and the buyer. This transaction underscores the firm’s proficiency in navigating complexities and achieving favorable results, even in a sluggish market.
The Comfort Inn & Suites boasts a strategic location near prominent sites such as Stetson University and Blue Spring State Park. This prime positioning makes it an attractive lodging choice for university visitors, tourists, and business travelers alike, further driving demand for the property. The sale of the hotel mirrors the persistent resilience and sustained demand for high-quality assets within the Central Florida hotel market, even amidst broader economic uncertainties. Thus, DSH Hotel Advisors has once again proven their effectiveness in managing high-stakes transactions within the hospitality industry.
