NexGen Hotels Acquires Maritime Hotel in Fort Lauderdale - Rebranding as The Moor Hotel... - 0 views
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asianhospitality on 14 Nov 24NEXGEN HOTELS RECENTLY acquired The Maritime Hotel Fort Lauderdale Airport & Cruiseport in Fort Lauderdale, Florida. The 150-room hotel will be renovated and rebranded as the Moor Hotel at Marina Bay, a Tribute Portfolio Hotel, with completion expected by the third quarter of 2025, NexGen said in a statement. Itasca, Illinois-based NexGen is led by Chris and Ron Patel as principals. This is their second acquisition this year, following the 137-room Hotel Versey in Chicago, Illinois, in May. "NexGen Hotels is always striving to bring top-tier properties into our portfolio, and with this acquisition and conversion, it's a testament to our focus on obtaining diversified brands for our investors," said Chris Patel. "The Moor Hotel at Marina Bay, a Tribute Portfolio Hotel, represents a new standard for design and hospitality in the Fort Lauderdale area."