A hotel in Kissimmee, FL has been sold for $19,400,000. The property, located at 700 Bloom St, was purchased by Vision Hospitality Group, represented by Mitch Patel, from Xenia Hotels & Resorts.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $19,400,000
• Date: 10/24/2022
• Asset Type: Hotel
• Market: Kissimmee, FL
• Buyer: Vision Hospitality Group - Mitch Patel
• Seller: Xenia Hotels & Resorts
• Keys: 115
• Price per Key: $168,696

Mitch Patel, from Vision Hospitality Group, represented the buyer in this transaction, while Xenia Hotels & Resorts represented the seller. The sale of this hotel marks a significant milestone in the hospitality industry.