Lakeland Maruti Hotels acquires Baymont by Wyndham Lakeland
Lakeland Maruti Hotels acquired the 67-room, interior-corridor Baymont by Wyndham in Lakeland, Fla., for an undisclosed price on July 11, 2023. DSH Hotel Advisors represented the seller, Prestige Yenugonda Holdings, and the buyer.
The Baymont by Wyndham in Lakeland is located between Tampa and Orlando directly off of Interstate 4, a main east-west thoroughfare through central Florida, providing high visibility and accessibility and situating the site near multiple diverse demand generators in both Tampa and Orlando and surrounding areas. The hotel has been well maintained, and recent renovations include new paint, bedding and furniture in the guest rooms as well as updates to the public areas.