AD1 Global Continues To Grow Portfolio With Purchase Of The Candlewood Ft. Myers/Sanibel
Hollywood, FL, April 04, 2017 –(PR.com)– AD1 Global is quickly increasing its footprint in the hospitality industry with the recent purchase of the Candlewood Suites Fort Myers-Sanibel Gateway Hotel.
This is the second acquisition of the year for the company, which is focused on growth expansion and profit margins for its partners.
“We are laser-focused on expanding our portfolio with strategically located properties that are high-yielding investment opportunities,” said Daniel Berman, President and CEO.
The Candlewood hotel is perfectly located to take advantage of abundant leisure and business travelers to the Ft. Myers and Sanibel area. It’s in a convenient and quiet suburban setting only five miles away from some of the most visited beaches in Florida and close to major league and college sports complexes, several golf courses, the Golisano Children’s Hospital of Southwest Florida, and numerous dining venues.
“We are delighted to welcome this property into the AD1 Global family. This transaction is another example of our commitment to growing revenues for our investors quickly and smartly,” said Berman.
This purchase adds an additional 120 rooms to the company’s already 1000 plus room count.
AD1 Global now operates seven hotels in major markets such as Orlando, Savannah, Ft. Myers/Sanibel, Palm Beach and Melbourne-Viera.
The company is focused on all facets of the hospitality industry, ranging from strategic acquisitions and new developments, to renovations and management services.
Candlewood Suites are designed for extended stays, that allow for summer family vacations, temporary accommodations for people relocating, or anyone looking to have all the amenities of home including fully-equipped kitchens, free hi-speed internet access, flat screen TV’s with DVD players, large work spaces and many other creature comforts.
AD1 Global is actively looking to expand its portfolio with new acquisitions and management contracts.
About AD1 Global:
AD1Global is a hospitality development and management company located in Hollywood, Florida. The company excels in all facets of the hospitality industry, ranging from the acquisition of existing hotels, new developments, renovations, daily operations and management contracts. AD1 Global offers complete and comprehensive hotel solutions tailored to the specific needs of each individual property. The company’s goal is to continuously improve the work-process resulting in highly profitable hotels.
For more information please visit www.ad1global.com.