The new decade brings new opportunities for the large independently-owned and franchised companies that have the experience to generate bottom-line results and the ability to invest during downturns in the economy. The new decade started off with a bang by acquiring partnership in a celebrity-frequented oceanfront resort, the renovation of a downtown historic hotel, and the announcement of a new hotel build.
Affiliates acquired the Sandcastle Resort at Lido Beach. This prime beach real estate adds to the extensive Sarasota portfolio and provides another hotel destination for Ocean Properties Hotels Resorts & Affiliates’ customers.