We are thrilled to add the Hutchinson Island property—now our Southernmost hotel—to Innisfree’s growing portfolio.
HUTCHINSON ISLAND, Fla. (PRWEB) November 15, 2021
Coastal hotel operator Innisfree Hotels, in partnership with RREAF Holdings, announces its October 19 acquisition of the Hutchinson Island Plaza Hotel & Suites, formerly known as the Sandhurst Hotel & Suites.
The 70-room boutique property includes waterfront suites, a private inlet beach, and direct access to inshore and offshore fishing. Located on the sandy shores of South Hutchinson Island where the dunes of Fort Pierce Inlet meet Tucker Cove, the hotel is just steps away from nearby businesses and attractions, including The US Navy Seal Museum and local wildlife observation centers.
“We are thrilled to add the Hutchinson Island property—now our Southernmost hotel—to Innisfree’s growing portfolio,” said the company’s CEO Ted Ent. “Thanks to its idyllic Florida beach charm and close proximity to recreational venues and oceanside excursions, the Hutchinson Island Plaza Hotel & Suites offers something for everyone.”
A short trip from several MLB Spring Training camps, the Hutchinson Island hotel is the perfect stay for families and friends hoping to scope out their favorite players. Business travelers can also enjoy free wireless internet access as well as a 24-hour business center and complimentary breakfast. For those guests who wish to indulge in a more leisurely trip, grab a few drinks from the gift shop and head out to the hotel's private pier to see if the fish are biting.
"We're excited to expand our long and successful partnership with Innisfree on this new hotel,” said Kip Sowden, the Chairman and CEO of Dallas based RREAF Holdings. “RREAF has a strong track record of success in identifying, buying, upgrading, and operating hotels in the region and we are looking forward to executing the improvements in this asset.”
The hotel’s dock has been refurbished and expanded to provide additional space for fishing. Guests are able to fish all day and night with underwater lights, which provide pristine, round-the-clock views of local manatees, snook and other marine life.
“Hutchinson Island truly offers the best of Florida’s Treasure Coast,” said Ent. “Bordered by the Atlantic Ocean on the east and the Indian River on the west, the island is a great place to fish, play golf, take in local wildlife, and enjoy nature preserves and parks.”
The Hutchinson Island Plaza Hotel & Suites is now accepting bookings through the end of 2022. For more information, visit HutchinsonPlazaHotel.com. To learn more about Innisfree’s book of properties, head to InnisfreeHotels.com.
ABOUT INNISFREE HOTELS
For more than three decades, Innisfree Hotels has expertly developed and managed dozens of hotels in partnership with many of the world's most-recognized hotel brands. Today, the Gulf Coast-based company owns or manages 3,286 rooms and employs approximately 2,000 people. Innisfree is the largest beachfront hotel owner/operator in the Southeastern United States, boasting 14 beachfront properties along the Emerald Coast. Stretching its expansive portfolio to the Atlantic Ocean, Innisfree also operates seven beachfront/beach view hotels in many premiere destinations, such as Amelia Island, Cocoa Beach, Hutchinson Island and Myrtle Beach. Innisfree has also expanded inland, adding key urban hotels in New Orleans, Sarasota, and Downtown Pensacola.
Innisfree is a triple bottom line company, measuring success not only in profits but also through its impact on people and on the planet. To these ends, Innisfree strives to promote a culture of responsibility and service to humanity. A value-driven corporate culture enables the company to have a deeper understanding of the needs of its guests, partners and clients, resulting in service that ensures fun and memorable experiences.
In 2020, Innisfree was ranked as one of the nation’s top Management Companies and top Owners & Developers by Hotel Business, the no. 1 hotel industry information source according to Harvey Research.
ABOUT RREAF HOLDINGS LLC
RREAF Holdings LLC ("RREAF") is a privately held, vertically integrated commercial real estate company based in Dallas, with roots that go back nearly 35 years in the industry. RREAF focuses its portfolio of commercial real estate projects and development under five main divisions aimed primarily at catering to middle America with its programmatic value-add multifamily acquisitions, opportunistic hospitality and resort acquisitions, core ground-up development, large highly amenitized highly programmed master planned developments and it’s ground-up extended stay hospitality development division. RREAF employs over 350 people, mostly across the Sun Belt region, handling a wide range of commercial real estate investment matters, including in-house underwriting/due diligence, capital markets, acquisition, asset management, property management, construction management, project development, accounting and legal support. RREAF, along with its debt and equity partners, has built a diversified portfolio in its core competencies in excess of $2.5 billion in assets under management. RREAF's mission is to enhance the lives of its investors, partners, property residents and guests by providing outstanding service, excellence and expertise with integrity, vision, values and purpose. For more information, please visit RREAF.com.