Innisfree Hotels, based in Gulf Breeze, has added to its Sarasota portfolio by purchasing the Hotel Indigo. The 95 room property is located at 1223 Boulevard of the Arts in the Rosemary District, just north of downtown Sarasota. Innisfree Hotels is also developing a Hampton Inn and Suites and an Embassy Suites by Hilton in Sarasota, which is currently under construction. Founded in 1985, Innisfree owns and manages 17 hotel properties. Terms of the sale were not disclosed. “With the purchase of the Indigo Hotel, the Embassy Suites by Hilton under construction the Hampton Inn and Suites under development, Innisfree and its partners will have more than $100 million invested in this community,” founder and CEO of Innisfree Hotels Julian MacQueen said.
