68 Room Comfort Inn & Suites Deland

DSH Hotel Advisors, a Tampa-based hotel brokerage and advisory firm, has announced the sale of the 68-room Comfort Inn & Suites in DeLand, Orlando, finalized on December 11, 2024. The firm represented both the seller, VSK Express, LLC, and the buyer, SHIVA 400, LLC. The exact sale price remains undisclosed.

The firm received five offers from potential buyers nationwide after generating over 127 signed Confidentiality Agreements.

Commenting on the deal, Dennis S. Hopper, Managing Principal of DSH Hotel Advisors, noted that the sale exemplifies the team’s ability to generate multiple offers. Dylan N. Amin, Vice President of Investments, expressed satisfaction in achieving a win-win outcome for both buyer and seller.

Randy B. Taylor, Senior Vice President of Investments, highlighted the deal as an example of the resilience of the Central Florida hotel market despite limited activity. Meanwhile, Vandan Patel, Investment Associate, emphasized the buyer’s interest in quality assets in Central Florida, even amid challenging economic conditions.

The Comfort Inn & Suites DeLand is located 45 minutes from downtown Orlando, in an area known for its rising tourism and economic development. The hotel, situated close to Stetson University and local attractions like Blue Spring State Park, is a favored option for university visitors, tourists, and business travelers.