Date acquired: Contracted 2015
Location: 10775 Caribbean Blvd. Cutler Ridge, FL 33189
Features: SMS was contracted to manage Revenue Management with brand affiliation for ownership.
SMS Lodging was engaged to manage and ‘Turn-Around’ plan for this 150-room Best Western that was about to lose its flag. An SMS representative traveled to the Best Western headquarters to petition for, and gained, a grace period at the Board of Director′s hearing. We designed and implemented a renovation program, ensuring the property maintained its Best Western flag and managed the property until its sale to Motel 6 in August 2009.
SMS Lodging was engaged to develop and manage a turn-around plan for this 150 room Best Western property. The property was about to lose its, very critical, flag with the Best Western Hotel Group. Losing the flag would have been very detrimental to the property revenues and resale value.
SMS developed a Renovation & Management plan for the location, traveled to the Best Western Headquarters to meet with the Board of Directors, and obtained a “grace period” for maintaining the property flag.
Over the next 6 months, with SMS oversight, the property was renovated, re-developed operational management standards, and maximized revenue management policies in line with BW resulting in the location maintaining its Best Western flag.
Ownerships goal was to sell the property, which happened in August 2009 to Motel 6. SMS work on the property was instrumental in the ownership keeping the BW flag maintaining the property value for resale.
DATE ACQUIRED: Contracted 2015
FEATURES: SMS contracted to manage 144-room property for an asset management group with foreign investors
LOCATION: 1055 N. Federal Highway, Fort Lauderdale, FL, 33304, USA
DATE ACQUIRED: Contracted 2019
FEATURES: Specialized Services - SMS was contracted to maintain physical asset while closed during Covid period.
LOCATION: 350 Ocean Dr., Miami Beach, FL 33139
DATE ACQUIRED: Sept. 2017
FEATURES: 120 room condo property in Miami Beach sold to a land developer in 2019.
LOCATION: 2925 Indian Creek Dr., Miami Beach, FL 33140
DATE ACQUIRED: Sep. 2018
FEATURES: 5 water facing Eco-Cottages and Beach Club and Bar.
LOCATION: Stocking Island, Exuma
DATE ACQUIRED: Oct. 2017
FEATURES: 32 rooms, restaurant, historic bar, pool, and private boat transportation to the Peace & Plenty Beach Club.
LOCATION: Queen’s Highway Ex 29055, George Town, Exuma, Bahamas
DATE ACQUIRED: Dec. 2021
FEATURES: 12 waterfront bungalows, 2 restaurants, and exclusive boat
LOCATION: Exuma, The Bahamas