EOS Investors Acquires Bethany Seaside Resort Portfolio | National Information
NEW YORK, May 20, 2021 /PRNewswire/ — EOS Investors LLC (“EOS”), a privately held true estate financial investment business, these days announced its acquisition of two motels – the Ocean Suites Bethany Seaside, Home Inn (“Ocean Suites”) and the Getaway Inn Categorical Bethany Beach – positioned in Bethany Seaside, Delaware, a single of the leading summer time places in the Mid-Atlantic area.
EOS Buyers acquires Bethany Beach Resort Portfolio in Bethany Beach, Delaware
The 112-key Ocean Suites – a Home Inn lodge, portion of Marriott Bonvoy’s amazing portfolio of over 7,600 qualities – is a single of the foremost accommodations in the Delaware shorelines, located instantly on the Bethany Seashore boardwalk. The 100-important Holiday break Inn Convey Bethany Beach front is a complementary residence that is found two shorter blocks to the seaside and central to Bethany Beach’s procuring, eating places, and other facilities.
“EOS is psyched to welcome two extra travel-to leisure attributes to the portfolio though increasing its footprint in the Delaware shorelines,” claimed Tom Burns, Handling Director at EOS. “These two assets proceed our strategic method of identifying one of a kind property in significant barrier-to-entry marketplaces with beautiful long-phrase desire expansion.”
Simon Mais, Main Operating Officer at EOS Hospitality included, “We search ahead to constructing on the longstanding accomplishment, welcoming hospitality and deep ties to the Bethany Beach neighborhood that the properties have fostered for many a long time.”
“Bethany Beach is a great vacation resort town in Delaware. I appreciated doing work with the EOS workforce on the sale of these two accommodations, and I appear ahead to observing them continue the near marriage with the Bethany Seaside group that we formulated about quite a few a long time”, stated Jack Burbage, running member of the motels and founder of Bluewater Hospitality Organization.
Opened in 2015, Oceans Suites is the very first and only hotel found on the historic Bethany Seashore boardwalk in Bethany Beach, Delaware. Every of the 112 guest suites boast full kitchens and private balconies, quite a few of which forget about the Atlantic Ocean or iconic boardwalk. Additional features consist of the Spa by Oceanova, total-assistance cafe and bar, 99 Sea Degree, physical fitness center, swimming pool, and 7,600 sq. ft of conference area.
Holiday break Inn Express Bethany Seaside is a 100-important resort that gives exceptional lodging for finances-mindful vacationers. Positioned a limited distance from Bethany Beach, the assets also attributes a fitness heart, company middle, outdoor swimming pool and 1,400 sq. ft of meeting space that can accommodate up to 100 folks.
Ocean Suites and Holiday break Inn Categorical Bethany Seaside mark the second and 3rd Delaware-primarily based houses acquired by EOS, signing up for The Bellmoor Inn and Spa, a 78-place hotel found in close by Rehoboth Beach front, Delaware. Mr. Mais additional, “we search forward to welcoming returning company to our 3 remarkable homes for these who have not visited still, we glance forward to web hosting you in our accommodations and introducing you to the Delaware beaches.”
About EOS
EOS is a entirely built-in investment firm devoted to determining and generating price within just the hospitality sector. EOS utilizes a highly selective investment method focused on superior-excellent, differentiated property with eye-catching danger-adjusted returns. Headquartered in New York Town, EOS seeks financial investment possibilities throughout the United States, with an emphasis on major urban marketplaces and vacation resort locations. To master more about EOS, remember to get hold of [email protected].
About Residence Inn by Marriott
Residence Inn by Marriott is the worldwide leader in the longer stays lodging section with much more than 850 properties in over 15 countries and territories. Guests have the liberty to travel the way they live with Residence Inn’s spacious suites featuring distinct living, doing the job, and sleeping spaces. Travelers can maximize their time and thrive although on the road with fully equipped kitchens in each and every suite, grocery shipping and delivery assistance, 24/7 grab-and-go markets and complimentary breakfasts. The warm and inviting general public spaces feature modern residential design allowing guests to sense appropriate at dwelling, paired with the extra amenities of upscale lodge dwelling. Home Inn is proud to take part in Marriott Bonvoy, the world-wide journey application from Marriott International. The plan presents associates an remarkable portfolio of international brands, exclusive encounters on Marriott Bonvoy Times and unparalleled rewards which include cost-free evenings and Elite position recognition. To enroll for no cost or for extra information and facts about the application, visit MarriottBonvoy.com. For much more details or reservations, visit home-inn.marriott.com.
About Holiday break Inn Express®
For travellers on the go, Vacation Inn Express provides the fundamental principles completed brilliantly – a wonderful night’s rest with Categorical Recharge, free of charge substantial-pace Online, and the Categorical Start off® breakfast incorporated in the fee, all intended to enable attendees truly feel extra than prepared for their day. As the fastest developing manufacturer for the IHG® Accommodations & Resorts Holiday Inn Specific resorts are all around the planet, presenting a easy, good travel practical experience earning it the great launchpad for the following connection anywhere they go. For far more information and facts, visit www.holidayinnexpress.com [holidayinnexpress.com], and connect with us on Facebook www.fb.com/holidayinnexpress [facebook.com], Twitter www.twitter.com/HIExpress [twitter.com], and Instagram www.instagram.com/holidayinnexpress [instagram.com].
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