Who Owns the Resort at Longboat Key Club?

By Michael Ferguson

The Resort at Longboat Key Club is a luxurious beachfront resort that is located on the Gulf of Mexico in Sarasota, Florida. This resort offers its guests a wide range of amenities including golf courses, tennis courts, spa treatments, dining options, and stunning views of the Gulf. But who owns this wonderful resort?

Ownership History

The ownership of The Resort at Longboat Key Club has changed hands several times over the years. The original owner was John Ringling, who was one of the founders of the Ringling Bros. and Barnum & Bailey Circus.

He purchased the land in the 1920s and built a lavish estate that he called “Cà d’Zan.” After his death, his family sold the property to a group of investors in 1955.

Loeb Partners Corporation

In 1972, Loeb Partners Corporation purchased the property and transformed it into a luxury resort with world-class amenities. Loeb Partners Corporation is a private investment firm that was founded by Thomas Tisch and Daniel Tisch. They specialize in investing in public companies and private equity deals.

Ocean Properties Hotels Resorts & Affiliates

After owning The Resort at Longboat Key Club for over 40 years, Loeb Partners Corporation sold it to Ocean Properties Hotels Resorts & Affiliates (OPH) in 2012. OPH is a family-owned company that operates over 100 hotels and resorts across North America. They focus on providing their guests with exceptional service and unforgettable experiences.

The Current Ownership

Today, The Resort at Longboat Key Club is owned by Ocean Properties Hotels Resorts & Affiliates. This company has made significant investments in renovating and updating the resort to ensure that it remains one of the top destinations on Florida’s Gulf Coast.

  • Renovations: OPH has invested over $30 million in renovating the resort’s rooms, restaurants, and common areas.
  • New Developments: The company has also announced plans to build a new luxury tower that will add 200 rooms to the resort.
  • Awards: The Resort at Longboat Key Club has won numerous awards and accolades under OPH’s ownership, including being named the Best Tennis Resort in Florida by Tennis Magazine.

Conclusion

In summary, The Resort at Longboat Key Club is currently owned by Ocean Properties Hotels Resorts & Affiliates. This family-owned company has made significant investments in renovating and updating the resort to ensure that it remains one of the top destinations on Florida’s Gulf Coast. Whether you’re looking for a relaxing beach vacation or an active getaway with world-class amenities, The Resort at Longboat Key Club is an excellent choice.