Blackstone snaps up Clearwater Beach resort
By Henry Queen
Tampa Bay Business Journal
Published: Sep 3, 2024

A prime resort property on Clearwater Beach has been sold to real estate behemoth Blackstone.

The New York-based alternative asset manager bought the 286-key Hyatt Regency Clearwater Beach Resort & Spa from Westmont Hospitality Group for $137 million, according to a Pinellas County deed filed Tuesday. The prices of furniture, fixtures and equipment aren't usually included in the property sale record, and the total sales price is likely higher than what's publicly available. Bloomberg reported on Aug. 21 that the sale could total $200 million.

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