To Renovate or Sell?

California company faces a choice in its plan to upgrade a Sarasota hotel to a Four Points by Sheraton

By Kevin McQuaid
| 6:00 a.m. March 1, 2019
| 0 Free Articles Remaining!

COURTESY RENDERING â€” The California-based owner of the Baymont Inn & Suites in Sarasota plans to convert the hotel to a Four Points by Sheraton brand following an extensive renovation.

Commercial Real Estate

Talk about a fork in the road.

A long-awaited renovation and rebranding of a Sarasota hotel by its California owner appears imminent — unless it decides instead to sell the property instead.