Snyder Nationwide Sells the Best Western Beach Resort Monterey
SCOTTSDALE, AZ - June 21, 2011 -Snyder Nationwide Real Estate, Inc. is pleased to announce the sale of the Best Western Beach Resort Monterey in Monterey, California from ZHG, Inc. to SWVP Monterey, LLC.
With expansive views of Monterey Bay, the 196 room Best Western Beach Resort Monterey is Monterey's only full service, beachfront hotel offering direct access to the beach as well as 10,000 square feet of meeting space. Monterey Beach is home to the world-renowned Monterey Classic Car Auctions, the Concours d' Elegance, the Laguna Seca Raceway, and close destinations of Carmel, Pebble Beach, Cannery Row, 17 Mile Drive, and the Big Sur.
A multi-million renovation is planned to transform the resort into one of the finest upscale properties in the area with Noble House Hotels & Resorts renovating and managing the property. Jay G. Snyder, who represented the buyer stated, “This is one of those unique locations which will complement Noble House's portfolio of hotels and resorts located on both the West and East Coasts.”
Noble House Hotels & Resorts, Ltd. a privately held ownership and management company, owns and manages boutique hotels and resorts across the United States.
Snyder Nationwide Real Estate, Inc. is a longstanding, international, hotel brokerage company based in Scottsdale, AZ, which specializes in the brokerage of hospitality properties throughout the US with special expertise in high-end, non-branded hospitality properties. For more information, please call Jay G. Snyder or Mark T. Snyder at (480) 344-7500.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
