Dr. Kiran Patel, a Tampa-based serial entrepreneur and philanthropist, is the owner of several hotels in the Clearwater Beach area, including the Wyndham Grand Clearwater Beach and the JW Marriott Clearwater Beach. His hospitality empire has made a significant impact on the local tourism industry.
Wyndham Grand Clearwater Beach: A Beachfront Gem
The Wyndham Grand Clearwater Beach, owned by Dr. Kiran Patel, is a premier hotel located on the stunning shores of Clearwater Beach, Florida. This 343-room resort boasts 105 vacation ownership units, making it a popular destination for both leisure and business travelers.
Impressive Amenities
The Wyndham Grand Clearwater Beach offers an array of impressive amenities to its guests:
- 22,000-square-foot event space, including a 10,632-square-foot ballroom, perfect for conferences, weddings, and other events
- Outdoor pool and fitness center for guests to stay active and refreshed
- Ocean Hai restaurant and Eskpades Coffee and Cocktail Bar, providing delicious dining options
Ownership and Sale
In 2023, the Wyndham Grand Clearwater Beach was sold in a $170 million deal, with JEMB Realty becoming the majority owner. This transaction highlights the value and desirability of Dr. Kiran Patel’s hospitality investments in the Clearwater Beach area.
JW Marriott Clearwater Beach: Luxury Meets the Beach
The JW Marriott Clearwater Beach, another hotel owned by Dr. Kiran Patel, is a 16-story, 198-room luxury resort that has become a premier destination in the Clearwater Beach area.
Exceptional Amenities
The JW Marriott Clearwater Beach offers an array of exceptional amenities to its guests:
- Rooftop pool with stunning views of the Gulf of Mexico
- 24-hour fitness center and full-service spa for relaxation and rejuvenation
- Spa and kids club to cater to the needs of all family members
- Three on-site restaurants: Latitude 28, Eskape, and The Deep End, providing diverse dining options
- 20,000 square feet of indoor and outdoor event space for meetings, weddings, and other gatherings
- 36 residential-style suites available for purchase, starting at $950,000, for those seeking a more permanent Clearwater Beach experience
Significant Investment
The construction of the JW Marriott Clearwater Beach cost over $200 million, reflecting the scale and quality of this luxury resort. Dr. Kiran Patel’s investment in this project demonstrates his commitment to elevating the hospitality offerings in the Clearwater Beach area.
Other Hotel Acquisitions
In addition to the Wyndham Grand Clearwater Beach and the JW Marriott Clearwater Beach, Dr. Kiran Patel has also been involved in the acquisition and management of other hotels in the region.
Marriott’s AC and Courtyard Hotels
Dr. Kiran Patel previously owned the Marriott’s AC and Courtyard Hotels in Clearwater Beach. In 2023, these properties were sold to Mission Hill Hospitality, a Denver-based company, for $58.3 million and $55.4 million, respectively.
Conclusion
Dr. Kiran Patel’s hospitality empire in Clearwater Beach has made a significant impact on the local tourism industry. His investments in high-end resorts like the Wyndham Grand Clearwater Beach and the JW Marriott Clearwater Beach have elevated the area’s reputation as a premier vacation destination. With his entrepreneurial spirit and commitment to excellence, Dr. Patel continues to shape the hospitality landscape in Clearwater Beach.
References:
- https://stpetecatalyst.com/wyndham-grand-clearwater-beach-resort-sells-in-170m-deal/
- https://www.tampabay.com/news/real-estate/2023/04/28/first-look-new-200m-jw-marriott-clearwater-beach-hotel/
- https://www.tampabay.com/news/business/2023/07/13/clearwater-beach-hotels-sell-out-of-state-investor/