Complex sentence: Babe Ruth was also a guest of the Hotel during its latter days/He signed his first baseball contract in the Hotel's Grand Dining Room and according to local legend he hit his longest homerun ever at the old Tampa Fairgrounds stadium located on the Hotel Grounds.
Split into simpler sentences: Babe Ruth was also a guest of the Hotel during its latter days, and signed his first baseball contract in the Hotel's Grand Dining Room. According to local legend, he hit his longest homerun ever at the old Tampa Fairgrounds stadium located on the Hotel Grounds.