BAYSTAR HOTEL GROUP FACT SHEET (Updated
October 2009)
BayStar Hotel Group, LLC (www.baystarhotels.com) is a
privately held hotel company that develops, acquires,
operates and sells hotels in the southeastern United
States. Its headquarters are located at 500 N. Westshore
Blvd. Suite 740, Tampa, Fla. 33609 and can be reached at
813-849-0001.
Formed in 2000, the company concentrates on developing
respected brands, such as Hampton Inns and Holiday Inn
flags, in niche markets, either underserved or emerging
growth areas. With more than 40 years experience in the
hospitality industry, BayStar’s management team also
consults with other hotel owners and/or manages their
properties. The firm provides accounting, sales, marketing,
administrative, and human resource systems as well as
counsel.
Under Development
The Hotel Indigo Tampa Downtown-Channelside
Developing. Seven-story, 168 rooms, 175,000 square feet.
Approximately 3,500 square feet of retail space and 2,700
square feet of meeting space, and a PHI Cafe, serving
breakfast and dinner. $29 million. Located at 125 S. 11th
Street in the downtown Tampa Channelside district.
Owned and Operated by BayStar Hotel Group
Holiday Inn Express Hotel & Suites – Largo
Central Park — Largo, FL
Developed. Five-story, 95 rooms (including 29 suites),
65,000 square feet. 100-seat meeting room, executive board
room. $11 million. Located at 210 Seminole Blvd., Largo.
Opened in June 2009.
The Hotel Indigo – St. Petersburg Historic
Downtown District
Acquired Heritage Hotel for $7 million in 2008 and
converted in Feb. 2009, investing more than $3 million in
renovations. Three-floors, 76 rooms, including five suites,
plus 2,000 square feet of meeting space. Hardwood floors,
area rugs, signature floor-to-ceiling murals, flat-screen
TVs, spa-style showers in guest rooms. Phi Cafe, featuring
Starbucks, serves fast-casual gourmet fare for breakfast
and dinner. Free wireless Internet access, swimming pool,
sundeck and whirlpool spa. Complimentary
“Phitness” Studio for work outs. Located at 234
Third Ave. North, downtown St. Petersburg, Fla.
Holiday Inn – State Capitol East –
Tallahassee
Acquired. The four-story, 150-room hotel is less than two
miles from the State Capitol building, located across from
Governors Square shopping mall at 1335 Apalachee Parkway,
Tallahassee, 850-877-3171. BayStar purchased the hotel for
$6.3 million on Feb. 2, 2006, and invested an additional
$750,000 in a full cosmetic upgrade.
Holiday Inn Express – Lake Buena Vista
Converted. BayStar purchased the 7-story, 200-room hotel in
Sept. 2005 for $12.5 million and invested another $1.8
million to upgrade and convert the former Radisson into a
Holiday Inn Express. Located at 8686 Palm Parkway, Orlando,
Fla. 32836, the Holiday Inn Express – Lake Buena
Vista can be reached at 407-239-8400. The hotel began
receiving guests under the Holiday Inn Express brand on
Dec. 15, 2005.
Hampton Inn & Suites – Largo Central Park
Developed. Opened Dec. 22, 2005, the five-story, 92-room
hotel is located at 100 East Bay Drive. The
63,000-square-foot property includes 27 studio suites and
meeting rooms that accommodate up to 90.
Under a Consulting Contract with Baystar Hotel
Group
Holiday Inn Express & Suites – Clearwater
North/Dunedin
Consulting Contract. BayStar has provided management
consulting services since 2001 to the owners of this
three-story property. The hotel received the
franchise’s “Newcomer’s Award” in
2002. It also won the Torch Bearer Award from the Global
Investors Conference for InterContinental Hotels Group in
2003 and 2004. This award recognizes outstanding customer
satisfaction and highlights the hotel as one of the top
fifteen properties in the system.
Previously Owned Projects
Hampton Inn & Suites - Tampa East
Developed and Sold. Opened Nov. 22, 2005, the four-story,
75-room, $7 million property is located at 11740 Tampa
Gateway in Seffner, Fla. and can be reached at
813-630-4321. Facing I-4 at Exit 10, near Lazy Days RV
Super Center and Gator Ford, this was the first
new-construction prototype of the “Make it
Hampton” initiative. Sold in 2007.
Holiday Inn Express Hotel & Suites – Orlando
International Airport
Converted and sold. The four-story, 107-suite property is
located at 7900 Conway Road, approximately 1.5 miles from
the Orlando International Airport. BayStar acquired the
former Comfort Inn, for $6.3 million in June 2004 and
invested $1 million in upgrades and sold it in Dec. 2006.
Holiday Inn Express Hotel & Suites – Tampa
Developed and Sold. BayStar developed this 85-room,
four-story property at 9402 Corporate Lake Dr., near the
Veteran’s Expressway and opened it on June 25, 2002.
BayStar managed it profitably until the company sold the
hotel in August 2005.
Hampton Inn-Tampa Airport North
This was the first hotel developed by BayStar. The 86-room,
five-story property at 5628 W. Waters Ave. near the
Veteran’s Expressway opened on Jan. 12, 2001 and was
completely booked for Super Bowl weekend that year. In late
2002, a buyer approached BayStar, which ultimately sold the
hotel in March 2003.
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