Florida Hotel Development, Construction & Transactions

Florida combines large resort and convention-oriented projects with a development base led by upscale and upper-midscale hotels. Lodging Development tracks 313 projects totaling 46,241 rooms across the state, including major construction projects from Disney and Grand Hyatt. Recent openings extend from oceanfront Daytona Beach to Jacksonville, Orlando and the Panhandle, with 84 hotels adding 13,184 rooms over the past 24 months. Investment activity is substantial as well, with the JW Marriott Marco Island Beach Resort standing out among the individual transactions tracked.

The 900-room Disney’s Lakeshore Lodge, developed by The Walt Disney Company, and the 800-room Grand Hyatt Miami Beach Convention Center are among the projects currently tracked by Lodging Development; both are under construction. Upscale leads the classified pipeline with 80 projects, followed by upper midscale with 66, while 68 projects remain undetermined. Luxury accounts for 14 projects, making Grand Hyatt a notable individual development rather than representative of the broader mix. Other tracked projects include Grupo T&C’s 400-room 13th Edge Hotel Miami in planning and Drury Southwest’s 320-room Drury Plaza Hotel Destin in final planning. Statewide tracking covers 313 projects and 46,241 rooms.

The upper-upscale, 201-room Nora Hotel opened in October 2026, alongside the 123-room TownePlace Suites Daytona Beach Oceanfront. September additions included the 136-room Cambria Hotel Jacksonville Baymeadows, 124-room Echo Suites Middleburg and 122-room WoodSpring Suites Fort Walton Beach - Eglin AFB. Earlier openings included the 288-room Even | Staybridge Suites Orlando Convention Center in July and the 146-room Hyatt House Destin in June. These properties illustrate the geographic and product variety within the 84 hotel openings totaling 13,184 rooms tracked by Lodging Development across Florida over the past 24 months.

During the 18-month period ending six months before November 2026, Lodging Development tracked 137 Florida hotel transactions of $10 million or more, with approximately $4.55 billion in documented sale prices. The largest transaction shown is the $835 million acquisition of the 809-room JW Marriott Marco Island Beach Resort by Sculptor Real Estate and Trinity Investments in May 2026. Other notable activity includes Artifact Group’s $26.6 million purchase of Sheraton Suites Fort Lauderdale Plantation that month and American Landmark Apartments’ $41 million acquisition of Embassy Suites Palm Beach Gardens PGA Boulevard in April. These records provide acquisition benchmarks and identify ownership changes relevant to hotel industry participants.