Mb National Acquires Majority Interest in Monterey Bay Suites in Myrtle Beach, South Carolina
MB National, LLC has purchased a majority interest in Monterey Bay Suites located on the highly desired north end of Myrtle Beach. The purchase was just the latest new addition to the MB National portfolio which recently included the opening of a $79 Million Oceanfront Marriott Springhill Suites/Courtyard dual brand.
Monterey Bay is an oceanfront Myrtle Beach resort, offering luxurious suites with full and partial ocean views. Conveniently located on the north end of Myrtle Beach, Monterey Bay is just a few steps away from one of the most scenic stretches of beach on the East coast and close to water parks, shopping, restaurants and attractions. All guests enjoy complimentary hot breakfast and a diverse range of amenities including an indoor/outdoor pool, indoor lazy river and hot tub. It also boasts a unique rooftop pool and hot tub with views facing Myrtle Beach.
MB National has selected Brittain Resorts & Hotels as the onsite management company. Brittain Resorts & Hotels will assume all management responsibilities including revenue management, strategic operations, homeowner services, food and beverage, human resources, information technology, sales and marketing services.
"Monterey Bay's exciting amenities and prime location makes it a welcome addition to our hospitality family," said Patrick Norton, Vice President of Sales & Marketing of Brittain Resorts & Hotels. "We look forward to implementing our service philosophies and best practices as we get to know our new team members, guests and homeowners."
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 
