AD1 Global Purchases Marriott Myrtle Beach Hotel
HOLLYWOOD, Fl., June 17, 2018 – AD1 Global, a hotel investment, acquisition and development company announced the purchase of the Courtyard by Marriott Myrtle Beach Barefoot Landing.
This is the second hotel the company has acquired in June.
“We are expanding our portfolio by targeting acquisitions in strategic markets,” said Alex Fridzon, AD1 Global CFO.
“These recent investments presented a unique opportunity to acquire well-known brand hotels in fantastic locations. We are very excited.”
The 157 room Courtyard by Marriott Myrtle Beach Barefoot Landing hotel is located in the heart of the Grand Strand, one of the nation’s most popular tourist destinations attracting more than 18 million visitors annually. The city is also the second fastest-growing metropolitan area in the country (per 2018 census estimates).
The hotel features an onsite restaurant, contemporary rooms, free WiFi, desks with ergonomic chairs, flat-screen TVs with premium cable channels and coffeemakers. There’s also a business center with workstations and printers, and a meeting room. Other amenities include an indoor pool and a whirlpool, an exercise room and free on-site parking.
This is AD1 Global’s third acquisition of 2018. They also purchased the Wyndham Garden Greenville Airport hotel earlier this year and the Doubletree by Hilton Hotel Rocky Mount. The company is also developing hotels in Palm Bay, Dania Beach, Tamarac and Orlando, Florida.
“We are very excited to welcome these outstanding properties into our family of hotels,” said Daniel Berman, AD1 Global CEO.
AD1 Global now has 14 hotels in its portfolio featuring well-known brands such as Hilton, Marriott and Wyndham. The company is actively engaged in finding new acquisitions. For more information please visit www.ad1global.com.
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.