Westgate Resorts' president and CEO David Siegel and business associate Jim Gissy have announced the acquisition of Hog's Breath Saloon bar in Key West, Florida.

Both parties have not divulged the financial details of the deal.

Gissy said: "We are honoured to continue the long tradition of Hog's Breath Saloon as a staple of the Key West area.

"This iconic establishment holds a special place in the hearts of many and we are dedicated to preserving its unique charm and authenticity. We are committed to ensuring that Hog's Breath Saloon remains a vibrant hub of entertainment and enjoyment for years to come."

First established in Fort Walton Beach, Florida, in 1976, the Saloon bar was later moved to Duval Street in Key West in 1988.

The bar is known for its signature cocktails and live music. It offers its guests local seafood and grills.

Hog's Breath Saloon owner Sherry Dorminy said: "I am honoured that Gissy and Siegel will continue the tradition of Hog's Breath in Key West for many years.

"My late husband would be proud. After 47 years, it's time to pass the torch. I am so grateful to the staff, especially my twin sister Sheryl, for making Hog's Breath the beloved institution it is today."

Talks are underway to further expand the Saloon's footprint and its brand.