North Palm Beach Newswire
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The Hampton Inn at Daytona Beach International Airport officially changed hands last week, a member of the hotel's new ownership group confirmed.Manoj Bhoola, president of Ormond Beach-based Elite Hospitality, said his family completed its nearly $7 million purchase of the 122-room hotel at 1715 W. International Speedway Blvd., in front of the Volusia County-run airport, on June 23. Elite won an online bidding for the hotel in late March. The seller was U.S. Bank.Bhoola said Elite has retained most of the hotel's staff, with the exception of a few who decided to stay with the property's former management company, North Palm Beach-based Driftwood Hospitality Management. Comment?
A local family-run hotel company has won the bidding to acquire the Hampton Inn at Daytona Beach International Airport. Ormond Beach-based Elite Hospitality - which operates 11 hotels in Volusia, St. Johns, Duval and Polk counties - submitted an offer of nearly $7 million, including fees, for the 122-room Hampton Inn Daytona Speedway/Airport hotel in an online auction late last month. Comment?
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