Article: Concord Hospitality Adds 88-Room, All-Suite Ocean Sands Resort & Spa to Portfolio.

RALEIGH-DURHAM, N.C., Aug. 26 /PRNewswire/ -- Concord Hospitality Enterprises, one of the nation's top-ranked hotel developer/owner/operators, today announced that it has formed a joint venture partnership with the principals of Florida-based Aztec Group, Inc. to join current owner Mercury Investment in ownership of the 88-unit, all-suite Ocean Sands Resort & Spa in Pompano Beach, Fla. for an undisclosed amount. Concord will also manage the property.

The property, which is located directly on the Atlantic Ocean, offers a combination of luxury studio, one-bedroom and two bedroom suites ranging in size from 560 to 981 square feet, all featuring spectacular views ...

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