Hard Rock Hotels
The 200-key AAA Four-Diamond Hard Rock Daytona Beach Resort is located oceanfront on one of America's most famous beaches. The Hard Rock Hotel "sets the stage" by delivering guests luxury amenities, service, and experiences. In an effort to improve operations, HVMG was selected to take over management eight months after opening. Received 2020 "Hotel of the Year" by Hard Rock International.
2023 RevPAR of $205.23
RevPAR is ranked #1 of 6 in the comp set since HVMG transition
2023 RevPAR Index 172.7%
TripAdvisor rank #1 of 78 Hotels
GSS 8.4 Overall Satisfaction Score
NOI was up $2.3M or 584% during HVMG's first 7 months vs. the previous 7 months of operations without HVMG
Full Service Management Takeover
Full Service Management Takeover
Following initial opening of the 200 room Hard Rock in March of 2018 under previous management, HVMG was awarded the management contract...
NOI
$2.3MM
Previously $402k before the first 7 months with HMVG. $7.9M in 2023.
YE 2023 GOP Margin
40.6%
YE 2023 RevPAR Index
171.4
