sells

Historic Union Bluff Hotel in York Beach, Maine sells for $23 million

YORK BEACH, Maine — Ownership of the historic Union Bluff Hotel on Short Sands Beach will change hands after more than three decades of being owned and operated by the same family.

York residents Brett and Mary Jane Merritt sold the hotel at 8 Beach Street to Giri Hotel Management for $23 million on Dec. 15, according Ryan Carey of Maine Realty Advisors, a representative for the sellers.

Carey said that the sellers were looking for a transition and decided to retire from the hospitality industry. With a low inventory of properties and a demand uptick for southern Maine, it

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Naples Beach Hotel sells, ready for transformation to Four Seasons luxury resort


NAPLES

The Naples Beach Hotel has seen better days.

But soon, a new owner will transform the hotel into a luxury beachfront Four Seasons resort.

Earlier this year the Naples Beach Hotel & Golf Club agreed to sell the family-owned business but a lawsuit held it up until Friday when the sale was completed for $362 million.

The luxury resort will have 185 residencies and 216 rooms.

“I view it as a big thumbs up and can’t wait for it to begin,” said Deno Yiankes, a Naples resident who lives across the street from the hotel.

Neighbor Mary Young

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