With boutique hotel underway, owners sell Kissimmee Quality Inn

The Quality Inn & Suites by the Parks in Kissimmee was recently renovated. This is a prototypical double room.
The Quality Inn & Suites by the Parks in Kissimmee was recently renovated. This is a prototypical double room. (Choice Hotels)

The owners of the Quality Inn & Suites by the Parks sold the hotel last week to a Japanese company to focus on developing an independent boutique hotel across the street.

Rosemont Hotels acquired the Choice branded hotel in 2014 for $4 million and sold it to Sarasa Hotels for $10.55 million. Built in 1989, the hotel has 114 rooms and is located at 2945 Entry Point Blvd., just off U.S. 192.


Sarasa, which operates five hotels in and around Osaka, will be making its U.S. entry with the Disney-area asset. Tokyo-based Sumimoto Mitsui Banking Corp. financed the acquisition with a loan of 1.044 billion Japanese Yen, which equates to roughly $9.5 million.

One is a popular Choice Hotels extended-stay brand. The other will offer a boutique, 4-star experience with a rooftop lounge to watch Disney fireworks.

In 2018, Rosemont paid $1.78 million for the 2-acre hotel pad within the Parkview Retail Center project at W192 and Sherberth Road. The site, just north of the new CVS store, was entitled for a 120-room hotel.

Rosemont received a building permit in 2019 and has commenced construction on the 6-story Ette Hotel - a new brand created by the Canadian company that stands for “earthy, true, timeless, elegant.”

President Alex Ekbatani previously said the new $30 million hotel would have a 116 standard king and queen guest rooms and 10 suites with valet service, a full restaurant and 24-hour room service, a spa, fitness center, theater room, kids’ lounge and elegant rooftop lounge. The family-friendly hotel will not serve alcohol but will have an extensive menu of “mocktails.”

Ekbatani will personally manage the new hotel.

The Kissimmee hotel sale was the third hospitality asset – and second Quality Inn – to change hands in Osceola County since the onset of the coronavirus pandemic.

An affiliate of South Carolina-based Styx Companies bought two W192-area motels in mid-March and plans to convert both to workforce housing. The larger of the two hotels was the Quality Inn & Suites at 4978 W. Irlo Bronson Memorial Hwy.

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