Announced
Completed
Financials
Sources
Tags
beach resort
Single Bidder
Completed
Hotels and Motels
Private
Acquisition
United States
Domestic
Majority
Friendly
Synopsis
MB National, a hospitality company, completed the acquisition of a majority stake in Monterey Bay Suites. Financial terms were not disclosed. "Monterey Bay's exciting amenities and prime location makes it a welcome addition to our hospitality family. We look forward to implementing our service philosophies and best practices as we get to know our new team members, guests and homeowners," Patrick Norton, Brittain Resorts & Hotels Vice President of Sales & Marketing.
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