Paceline Acquires Two Orlando-Area Hotels

Dallas-Based Private Equity Partners Will Take Over the Fairfield Inn & Suites and the Residence Inn
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According to news reports by Business Wire, Paceline from Dallas have purchased two properties in the highly-fruitful Orlando market. The Fairfield Inn & Suites along with the Residence Inn off of International Boulevard have now joined the Paceline family of hotels. 

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This year, Paceline acquired the Holiday Inn Express & Suites and the TownePlace Suites in Charlotte, North Carolina. The two new Orlando properties adds to their strategy to acquire value-oriented properties.

Both the Fairfield Inn and Residence Inn land Paceline near theme parks like Universal Orlando, ICON Park, and SeaWorld Orlando.

Beyond attracting the theme park crowds for existing parks and soon-to-open parks like the Universal Epic Universe, the hotels are also in demand by Convention-goers at the Orange County Convention Center. 

According to recent reports, Paceline has plans to make improvements at the Fairfield Inn & Suites in 2022. The property underwent renovations in 2013 but the plan is to elevate guest rooms which will conveniently take place ahead of expansion at Universal Orlando with Epic Universe expected to finish construction in 2025. 

To learn more about Paceline and their related projects, visit their Website. To plan your visit to Fairfield Inn & Suites, follow on Facebook for information.

Jeannine Boisse

Jeannine Boisse (she/her) is a What Now Media Group staff reporter with a background in Radio & Television. Based in San Diego, you can usually find her exploring local breweries, trying new recipes, and listening to podcasts.

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