Company to Operate the Bilmar Beach Resort
in Treasure Island, FL.
|CLEVELAND, June 15, 2005 - Boykin Management Company, one of the nation's
leading independent hotel and resort management companies, has announced
the addition of the Bilmar Beach Resort to its managed portfolio.
The Bilmar Beach Resort, located along the Gulf of Mexico in Treasure Island,
Florida, represents the 4th condominium hotel operation under Boykin management.
The Bilmar Beach Resort ( http://www.bilmarbeachresort.com ) is a landmark property that has been a beachfront destination for more than 40 years. The Bilmar Beach Resort is undergoing a $7 million renovation and transformation into an upscale condo hotel with a three-diamond rating from AAA. The Resort has a total of 154 condo hotel units consisting of efficiencies, one-bedroom, two-bedroom and penthouse units. The units are contained in three structures - an eight story, a four-story, and a three-story building. All units have beachfront access along the Bilmar's 550 feet of beach. Fully furnished, the Bilmar condo hotel units offer full kitchenettes, HD LCD televisions, granite countertops, Kohler & Moen fixtures, and high speed Internet service. Other amenities at the resort include the Beach Bar Cafi, a 2,500 square foot banquet room, a 1,600 square foot rooftop terrace, two heated swimming pools, whirlpool, fitness center, bicycle rentals and guest laundry facilities. The Bilmar is also home to Sloppy Joe's on the Beach, an 11,000 square foot restaurant and bar along the beach.
"We are thrilled that T.I. Resort LLC has selected Boykin to lead the Bilmar through its transformation, and its positioning as one of the premier beachfront resorts along the west coast of Florida. Our expertise in operating condominium hotels and homeowner associations will bring high value to ownership, guests and customers of the Bilmar," stated Joseph Smith, Chief Operating Officer of Boykin Management Company.
"After a very thorough search for an organization that has the track record, reputation and quality management team that Boykin Management Company does---we are very excited to join forces with them on this very special property. They blend the unique talents needed to operate a first class hotel along with understanding what it takes to be a successful condominium resort property," stated Joy Anzalone, T.I. Resort LLC.
About the Company
|Also See:||Sands Resorts Holdings LLC. Appoints Boykin to Manage Five Condominium Resort Properties in Myrtle Beach / April 2005|
|Boykin Lodging Company Sells Hotel 71 in Chicago, Illinois for $95 million / April 2005|