NEXGEN 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.”
The property is in the 25-acre Marina Bay Resort, near Hollywood-Fort Lauderdale International Airport and Port Everglades Cruise Terminals. It is also close to Sawgrass Mills Outlet Mall, Flamingo Gardens, Bonnet House Museum & Gardens, the Museum of Discovery & Science, Seminole Hard Rock Hotel & Casino Hollywood, Hard Rock Stadium, Everglades Holiday Park and Fort Lauderdale beaches.
Founded in 2007, NexGen Hotels has a portfolio of about 20 hotels across the Midwest, Florida, and California, with brands under Marriott International, Hilton Hotels & Resorts, InterContinental Hotels Group, Best Western Hotels & Resorts, Hyatt Hotels Corp. and Wyndham Hotels & Resorts. The company also owns and manages restaurants, assisted living facilities and retail centers.
NexGen’s acquisitions last year included Holiday Inn St. Petersburg West, Best Western Plus Ambassador Suites Venice and EVEN Hotel Miami – Airport in Florida.
