Stan Lifsey, co-owner of The Current Hotel, saw the potential of the Tampa Bay region and used it to create one of the newest hotel offerings. The Oxford Exchange has been a part of the hotel since its launch, offering a selection of items in its gift shop. This purchase marks the first hotel acquisition for the Casper family, owners of 60 McDonald's franchises, as well as the restaurant and business concepts of Tampa Bay Oxford Exchange, Oxford Design Studio, The Library, Caspers Service Company and The Stovall House. Dave Weymer, Michael Weinberg, Preston Reid and Wyatt Krapf of Berkadia Hotels & Hospitality represented the seller, Rocky Point Holdings LLC, in the transaction.
Location and FeaturesThe Current Hotel is located at 2545 N Rocky Point Drive and was sold in late December to Caspers Company, owners of Oxford Exchange, The Library in St.
Petersburg and other businesses. This new room offering is providing positive momentum and growth to the Tampa Bay region and making it easier for entities such as Visit Tampa Bay and the Tampa Bay Sports Commission to work. The hotel was designed to break away from the traditional architecture, interior design and concept that seemed to be stuck in the hotel industry in this region. Tampa Bay has been an undervalued market for some time but with all the attention it is receiving due to massive developments such as Water Street Tampa, more people are being drawn to the region which is increasing demand for more hotels. The Current Hotel is situated 4.8 km from Tampa International Airport, 0.5 km from East Tampa Beach and 24 km from Clearwater.
ConclusionThe Current Hotel in Tampa, Florida is owned by Caspers Company, a family-owned business with a portfolio of 60 McDonald's franchises as well as other restaurant and business concepts.
The hotel was designed to break away from traditional architecture and interior design concepts that were stuck in the hotel industry in this region. With its convenient location near Tampa International Airport, East Tampa Beach and Clearwater, The Current Hotel is providing positive momentum and growth to the Tampa Bay region.