Plaza Resort & Spa Offers Family Friendly Spring Break Destination

Condo Hotel Suites in the Historic Plaza Resort & Spa

Offers Perfect Permanent Family Vacation Spot

DAYTONA BEACH, Fla., March 14 /PRNewswire/ — Last year Ocean Waters senior vice-president Doug Kosarek made national headlines announcing the closing of The Plaza Resort & Spa’s legendary pool deck to the spring break college crowds. This year the hotel is a completely renovated historic landmark that is being rediscovered by an entirely new generation of vacationers.

“People thought we were crazy to turn away spring break business at the Plaza last year,” chuckles Kosarek. “However, it proved to be absolutely the right decision and an important first step in repositioning this beautiful property.”

“Ocean Waters is committed to a strong Daytona Beach renaissance that draws people of all ages who appreciate the elegance of a bygone era that is personified by the Plaza Resort & Spa,” continues Kosarek. “The renovation of this flagship property is the cornerstone of our effort and people are delighted with the grace and sophisticated warmth they find when they stay here.”

The conversion of The Plaza Resort & Spa to a condo-hotel makes it possible to extend that stay forever. Over 70% of the units have already been sold and interest in the remaining units is strong.

“Luxury hotel space in Daytona Beach is always a premium,” continues Kosarek. “People realize that it makes sense to invest in what amounts to a permanent reservation. Owning a suite here at the Plaza puts owners in the heart of the action, yet provides a welcome haven of relaxation. With 323 meticulously restored suites, we believe we set the standard for superior accommodation here in Daytona Beach.”

On Saturday, April 29, the final phase sales event will be held. Participants must register on-line at http://www.plazacloseout.com/ to attend. Here registrants may preview inventory and pricing. All will be invited to the spring gala sales event, which will conclude with a welcome-to-new-owners celebration in the grand ballroom Saturday evening.

Since its beginnings in the Miami area, hotel-condominiums have spread throughout the country. Rapidly becoming the real estate purchase of choice among those looking to buy luxury resort real estate, the recent demand for hotel-condominiums is only the beginning of a trend that shows no signs of slowing.

The appeal of hotel-condominiums is easy to understand. Unlike timeshares, where owners are only allowed to use their condominium for one or two weeks a year, hotel-condominium owners have outright ownership of their suite. Unit owners have the option of placing their suite in a professionally managed rental program, allowing the owner to receive a percentage of the revenue from the suite when the owner is not using it. The end result is hassle-free ownership, with the in-house management company maintaining the property and handling the rental details.

A variety of suite types are still available with direct oceanfront or ocean view orientation. Most feature a variety of amenities, including plasma televisions with Extreme TV(TM) cable, high-speed Internet, in-room safes, voice mail phones, and fully equipped kitchenettes with refrigerator, microwave and coffee maker. Additional luxuries include direct access to the spectacular no-drive beach, a 15,000-square-foot European-styled spa on the first floor along with a full-service salon and state-of-the-art Fitness Center.

Pricing on these remaining suites starts at $194,900 and goes to $699,000. The final phase of the closeout will be the last chance to actually own a part of this historic property. Only those who register on-line at http://www.plazacloseout.com/ will be eligible to participate in the April 29th closeout event.

For more information or to register for the event, visit http://www.plazacloseout.com/ .

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