Tuesday, January 7, 2025

Professional Men Sell Airport Hotel Amid Dubious Branson, Missouri Background

Hugo Gagliardi is the COO of Kapstones, a Sarasota-based firm led by CEO Marc Gagliardi. The company recently acquired the Radisson Red Miami Airport, formerly developed by Riviera Point Development Group, which purchased the 1-acre site for $2. 9 million in 2015. Kapstones, which owns two hotels under its own brand, Kompose, is in the process of converting the Radisson Red Miami Airport into a Kompose hotel.

The firm's COO Gagliardi notes that the location is ideal due to its proximity to the airport... and considers it a strong market for brand development.

Image Reference: Found here

An affiliate of Sarasota-based Kapstones, led by CEO Marc Gagliardi, bought the Radisson Red Miami Airport at 3401 Northwest 25th Street, records and real estate database Vizzda show.  The seller, Miami-based Riviera Point Development Group , developed the hotel after paying $2.9 million for the 1-acre site in 2015, records show. 

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