ORLANDO—ESLBV Property Owner LLC, an affiliate of GF Management, has acquired the Embassy Suites Orlando-Lake Buena Vista. Financial terms of the deal were not disclosed, but the firm is investing more than $13 million into renovation projects over the year.
Located at 8100 Lake Street in Orlando, the hotel has 334 rooms. The hotel will maintain its affiliation with the Embassy Suites brand.
The acquisition of the Embassy Suites Orlando-Lake Buena Vista marks the second Hilton-branded acquisition in the past year for GF. Being an owner and operator for more than two decades, the company has honed in its focused hotel acquisition strategy to one of discipline, identifying hotel assets of value to expand the company's owned portfolio.
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