Daytona Beach, Florida – Daytona Beach Resort and Conference Center
Office: Horwath HTL, Atlanta Dunwoody
Scope of Work:
Horwath HTL is providing operating assistance to the owner of a full-service resort and convention hotel in Daytona Beach, Florida. The property is unique in that it also operates as a condominium hotel. This project involves asset management, analysis of monthly operating and income statements, sales and marketing analysis, and weekly meetings with management to assess the operation. Since Horwath HTL has joined their team, the resort has realized four years of consecutive RevPar growth, RGI growth of 49%, EBITDA from a loss of greater then 500k to a positive cash flow of over $1 million dollars annually…
Description of Project:
The Daytona Beach Resort and Conference Center is a full-service, upscale beachfront property located in the heart of Daytona Beach, Florida. The resort features 322 standard and deluxe rooms, 117 luxury suites, 4 swimming pools with a grand total of 32,000 square foot pool deck, a fitness center, a business center, and two restaurants with bars.
Project Status: Ongoing