Property Development

Ocean Properties, Ltd & Affiliates ability to begin with the early stages of development through opening day is unique, as most other hotel management companies do not have the level of expertise in ground up construction including design, purchasing, franchise negotiation and pre-development planning.

Ocean Properties, Ltd & Affiliates is consistently chosen as the developer of choice when responding to RFP development and renovation opportunities. Our experience and ability to provide a complete turnkey partnership coupled with our strong franchise relationships allows us to carefully select the projects we partner with.

The Company continuously seeks out and embarks on new hotel development opportunities. The Ocean Properties, Ltd & Affiliates strategy is to expand its hotel portfolio maintaining a long-term industry outlook and investment philosophy. Even during the current recession the Company has not wavered from this view forging ahead with multimillion dollar investments including the recent development of the 454 room Le Westin in Old Montreal and the acquisition, renovation and expansion of The Sagamore Resort at Lake George in Bolton Landing, New York.

The latest significant growth projects include the acquisition of the Sandpearl Resort in Clearwater Beach and the complete redevelopment of The Latham Hotel in Center City Philadelphia to become a modern, urban, boutique hotel. The company will also debut its third waterfront hotel in Bar Harbor in Summer of 2012, the West Street Hotel.

Our Design team is always on the cutting edge of guestroom and public spaces design with the leading franchises. Our Purchasing department utilizes volume purchasing power through the leverage of 100 hotels and 20,000 guestrooms. Capital expenditure is minimized through experience, relationships and purchasing power.

In addition to developing and managing hotels and resorts, Ocean Properties, Ltd & Affiliates develop restaurants, spas, golf courses, commercial real estate, marina operations and boating tours.

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