The Hampton Inn Daytona Beach/Beachfront has been sold for an undisclosed amount to Driftwood Acquisitions & Development LP, an affiliate of the hotel management company Driftwood Hospitality Management. Formerly known as the Ocean Sands Hotel, the eight-story building with 90 rooms underwent a complete renovation and brand conversion to a Hampton Inn in 2013. Located at 1024 North Atlantic Avenue, the hotel features a heated outdoor pool with pool bar, whirlpool, fire pit and a children’s splash pad. Holliday Fenoglio Fowler marketed the property on behalf of the seller, Humphrey Realty Corp. The buyer purchased the asset free and clear of debt and unencumbered of management.
“The seller executed a fantastic overhaul to this hotel, converting it from a capital-starved independent hotel to one of the most powerful brands around in the Hampton Inn by Hilton,” said senior managing director Michael Weinberg, HFF “This made it very desirable to a competitive field of buyers.”
