Summit Hospitality Management Group Selects HVMG to Manage Hard Rock Hotel Daytona Beach and Delta Hotel Daytona Beach Oceanfront

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USA, Daytona Beach, Florida. December 11, 2018

Summit Hospitality Management Group has signed a contract with Hospitality Ventures Management Group (HVMG) to oversee operations at both Hard Rock Hotel Daytona Beach (918 N. Atlantic Avenue) and Delta Hotel Daytona Beach Oceanfront (2505 S. Atlantic Ave., Daytona Beach Shores, Florida), effective November 15, 2018. The new management agreement allows Daytona Beach-based Summit Hospitality to focus on the company's development projects.

Abbas Abdulhussein. “With the redevelopment of our fifth Daytona Beach property, La Playa, starting soon and in anticipation of our new marina-front development in St. Augustine, we are already evaluating future projects, always looking for that next 'diamond in the rough'.”

A privately held company with headquarters in Daytona Beach, Summit Hospitality Management Group has invested more than $100 million in local redevelopment, having transformed six distressed properties into award-winning hotels and resorts. Summit's success doesn't just come from a keen investment strategy; it comes from a relentless pursuit of excellence. It's part of the company's “Above and Beyond” mission to build enduring relationships with guests, team members and community.

According to Efrain Silva, vice president of operations for Summit Hospitality Management Group, HVMG was selected based on their experience in the market and company culture. “HVMG's familiarization with the area and understanding of our clientele allows them to hit-the-ground running. Our company cultures align, which makes for a seamless transition with staff as well. Bottom line, selecting HVMG proved to be in the best interest of the property, ownership and city.”

HVMG is a privately owned, fully-integrated hotel investment and management group that is skilled in maximizing the performance of stabilized hotels. It currently operates 34 hotels in 17 states totaling 6,209 guest rooms.

“We're pleased to reenter the Daytona beach market - a destination in which we're very familiar and have proven success from previously managing The Shores Resort & Spa and other properties,” stated HVMG President and CEO Robert Cole. “These two properties in Summit Hospitality Management Group's portfolio already offer exceptional quality and stellar service. We look forward to working side-by-side with existing staff to maintain their reputations and continue to strengthen brand awareness.”

Currently, HVMG operates independent and boutique hotels and resorts, as well as full-service, select service and extended stay hotels, under the Hilton, Marriott, Hyatt, Starwood and IHG brands.

Opened in March 2018, the 200-room, AAA Four Diamond Hard Rock Hotel Daytona Beach brings the global brand's iconic vibe and energetic beat, as well as brand-exclusive offerings and amenities to a wide stretch of world-famous shoreline. An expansive 20,000 square feet of meeting space, renowned full-service Rock Spa® and Salon, Rock Shop®, Body Rock® Fitness Center, signature Sessions restaurant and bar, open-air Wave Terrace, resort-style beachfront pool and oceanfront party deck and outdoor pool bar and grill complete the resort experience.

Boasting panoramic views of the Atlantic Ocean, the recently opened Delta Hotel Daytona Beach Oceanfront offers 133 well-appointed guest rooms, waterfront pool, state-of-the-art fitness facility and OceanView Terrace Bar & Grill. Introduced under the Marriott flag, the Delta Hotels were created to provide a seamless full-service hotel experience that has been thoughtfully designed with the essential needs of frequent traveler in mind.