Chosen Hospitality Buys Two Palm Bay Hotels for $23.1M
Palm Bay, FL - A New England-based hotel investor, Chosen Hospitality, has acquired two neighboring hotels in Palm Bay. The company purchased the properties for a total of $23.1 million.
The deal closed on January 12, 2026. It includes the Hyatt Place Melbourne Palm Bay and the Home2 Suites by Hilton Palm Bay Melbourne I-95.
The Deal
Public records show a slightly different price for the real estate. The deeds recorded in Brevard County show a combined price of $19.3 million. The extra $3.8 million in the reported price likely covers furniture, fixtures, and equipment.
Here are the key…
The skinny
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