Highline Hospitality Partners (HHP), a hospitality investment platform launched by Highline Real Estate Partners, has acquired the Hilton St. Petersburg Carillon Park. This marks the 16th hotel in Highline’s portfolio and its first in Florida.
The property is located in the 432-acre Carillon Park development and is 15 minutes from downtown Tampa Bay and downtown St. Petersburg. The hotel has 227 guestrooms, including 49 suites, approximately 14,500 square feet of indoor meeting space, a 4,000 square foot outdoor patio, a full-service restaurant, a grab-and-go market, an outdoor pool, and a fitness center.
“We are excited to add the Hilton St. Petersburg Carillon Park to our portfolio and to begin a new relationship with HHM,” Todd Roffman, partner at Highline Hospitality Partners, said in a statement. “This is a hotel we have been tracking for a while as we really like its central location within a growing MSA and its strong base of inherent demand generators from the adjacent Carillon Park. The acquisition of the Hilton further diversifies our portfolio as we continue to expand into key markets across the country.”
Highline has selected Hersha Hospitality Management (HHM) to continue operating the hotel, marking the first partnership between the two companies. HHM brings operational expertise and a track record in hospitality management that aligns with Highline’s objectives for guest service and long-term value.
The Hilton St. Petersburg Carillon Park has been institutionally owned since its opening in 2007 and has received capital investment in recent years. Despite the hotel’s current condition and guest service reputation, Highline plans strategic renovations to the guestrooms and breakout meeting space to strengthen the property’s market position.
This acquisition expands Highline Hospitality’s presence in Florida while maintaining its focus on high-performing assets in strategic markets across the U.S.
