Real Estate Views from St Pete

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Renaissance Vinoy Resort in St Petersburg Gains New Owners

Renaissance Vinoy Resort St Petersburg FloridaRenaissance Vinoy Resort - St Petersburg

The historic Renaissance Vinoy Hotel in downtown St. Petersburg Florida has been purchased by FelCor Lodging Trust of Ivring, Texas, who already own 85 resorts in 23 states. Walton Street Capital, the sellers, purchased the hotel 2½ years ago and have invested $10 Million since then - half into hotel renovations and half into rebuilding the marina which was destroyed in a storm. Marriott will continue to manage the property and existing management will stay in place, according to Russ Bond, General Manager.

Hotel guests and Vinoy Club members are looking forward to additional improvements - to the pool and fitness center, for example. Perhaps the new owners will build a wonderful new spa, which was approved by the City of St. Petersburg voters - the hotel needs it.

This is where I come at 5 am to work out - followed by leisurely reading the newspaper and enjoying coffee in a section of the lobby reserved for Vinoy Club members. What a great way to start the day! 

Comments

Sharon, talk about waking up to luxury! If I had to get up and work out at 5a.m. the place had better be posh! LOL

What a beautiful place and I know the people of St. Pete are ready for the renovations! Beautiful!

Posted by Linda Scanlan (A Fan of AR) over 4 years ago
Linda - I also love sitting on the verandah in the wicker rocking chairs and looking out at the waterfront - but when I finish working out it's still dark outside so I sit with "the guys", read the paper, and get the opinions of what's going on from the locals.
Posted by Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS (ALVA International, Inc.) over 4 years ago

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