By Anish Chand The Wakaya Island has been mentioned in a high-profile court-case in the United States involving a sex cult group known as NXIVM. Very quite and relaxing. Very nice pool where we had a great lunch. In 2019 it added Hideaway Bay Marina in Georgia and Newport Shipyard in Rhode Island to its portfolio. These non-GAAP financial measures reflect additional ways of viewing our operations that we believe, when viewed with our GAAP results and the reconciliations to the corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting our business than could be obtained absent this disclosure. Joey -helpful, funny and seems to glue it all together. Cap Rate calculated as Hotel Net Operating Income divided by Contractual Gross Sale Price. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. The Hotel also boasts six swimming pools, a full-service restaurant, waterfront bar, on-site water sports and paddle shop and a fitness facility. i /we have read and understand the dealer’s policies, terms, and conditions. What a great place, tucked away at the tip of Stock Island in Key West. When you become a Member of Safe Harbor, you become a Member of our entire portfolio. Welcome to Bosun’s Marine. A distillery, art shops and looks like they have more on the way. Close by to Hope Island there is a Westfield Shopping centre, two train stations, the Gold Coast Aquatic Centre, Gold Coast City Marina and world class medical services. You won’t find a more state-of-the-art marina facility offering both dry stack and wet slips. Our Key West location is a perfect setting for weddings, regattas, fishing tournaments, and celebrations of any kind in varying sizes. Owning, managing and investing in an extensive network of the best saltwater and freshwater marinas in the United States, Suntex Marinas brings more than a century of combined experience to its industry leadership, always delivering a superior experience on the water for our guests. The Oceans Edge purchase price represents an estimated 14.1x multiple on the midpoint of the 2018 forecasted Hotel Adjusted EBITDA range of $11.5 million to $13.3 million and an estimated 6.5% capitalization rate on the midpoint of 2018 forecasted Hotel net operating income. ABOUT OUR BUSINESS . I recommend this marina to anyone wanting to dock in Key West! See This Year’s Marina Honorees. Access is now available through ranger-led guided tours. The 2020 Marinas.com Boaters’ Choice Awards Recipients Are Here! We strongly encourage investors to review our financial information in its entirety and not to rely on a single financial measure. Licensed and air conditioned restaurant on site. As part of the transaction, Sunstone also acquired a combined 52 wet and dry boat slips and amenities in the attached marina which offers direct deep channel access to one of the most sought after fishing destinations in the country. Additional details about the Hotel can be found on the property's website at www.oceansedgekeywest.com. Owner: John MaloneEstimated value: N/AJohn Malone, who overtook Ted Turner as the biggest private land owner in the U.S. at 2.2 million acres in 2011, owns … Now accepting lease applications for slip rentals Aquamarina Oceanside is ... Read More. . If you thought most casinos in Vegas were independently owned, think again. York Harbor Marine is a marine dealership located in York, ME. At-the-Market Equity Distribution Program Update: Through the date of this release, the Company has issued approximately 4.9 million shares of its common stock at an average price of $16.28 per share for gross proceeds of $79.4 million. Nice ship store and you gotta look for the dockmaster Capt. This press release contains forward-looking statements within the meaning of federal securities laws and regulations. Aquamarina Oceanside. With the addition of New England Boatworks, Safe Harbor Marinas now owns and operates 80 marinas in 18 states. Hilton Worldwide Holdings has agreed to buy two of Key West’s largest and most upscale resorts: the Casa Marina and the Reach Resort. The Palmetto Bay Marina on Hilton Head Island has been sold to a Daufuskie Island resort owner in a deal totaling $10.5 million, according to Beaufort County deed records. Sunset Marina Of Key West. Stock Island Marina Village. Described by the New York Times as the "new old Key West", Stock Island offers an authentic Florida Keys vibe and is home to the Key West Symphony Orchestra, Tennessee Williams Theatre, numerous art galleries, a golf course and outstanding bars and restaurants. Suntex Marinas A superior experience on the water. The Company completed the disposition of the 199-room Marriott Park City on June 14, 2017 for a contractual sale price of $27.6 million or approximately $138,400 per key. In addition, the Company announced that it had recently completed the disposition of the 199-room Marriott Park City in Park City, Utah for a gross sale price of $27.6 million. For further information, please visit Sunstone's website at www.sunstonehotels.com. We did not have any need to use the bathrooms and facilities, so cannot comment on that. Oceans Edge is Sunstone's first acquisition in the highly desirable Key West market which boasts the highest RevPAR of any market in the United States. Hurricane Hole Marina Eco (90 Minutes), Sandbar (180 Minutes), and Hurricane Sunset (120 Minutes) Cruises depart from: The Hurricane Hole Marina at 5110 Overseas Hwy., Stock Island, FL 33040 With two convenient boat sales locations: in Mashpee, MA on Cape Cod and in Peabody, MA north of Boston, our mission is to provide you with the best products and service – second to none. ... who government owns about a 15 per cent stake in the marina. The 2021 tournament is limited to the first 75 boats that register, and offers $50,000 in guaranteed cash prizes, so sign up early to secure your spot! The Hotel is comprised of 175 waterfront rooms, including 86 suites, all of which have private balconies and sweeping views of the Atlantic Ocean. Tucked away in Safe Harbor, Stock Island, the Hogfish Bar and Grill is a … Very nice marina, better pricing than other KW marinas. We sell new and pre-owned Boats and Outboards from Evinrude, Honda Marine, Boston Whaler, Mercury and Yamaha with excellent financing and pricing options. Book and get quotes for dockage and storage at marinas in your area with Dockwa. York Harbor Marine offers service and parts, and proudly serves the areas of Wells, North Berwick, Rollinsford, Eliot and Kittery. We looked at some houseboats because it was something fun and different. Answer 1 of 6: We are looking at vacation rentals in Key West. They should not be considered as alternatives to operating profit, cash flow from operations, or any other operating performance measure prescribed by GAAP. Whether unwinding with friends poolside at home port or cruising an expansive coastline, you’ll have access to premium locations, amenities, events and an unparalleled boating lifestyle. The water is crystal clear- awesome tarpon, and folks always fileting fish at the tables. The restaurant has an incredible view & the food is great. Sunstone's hotels are primarily in the upper upscale segment and are generally operated under nationally recognized brands such as Marriott, Hilton and Hyatt. Who owns which Las Vegas casinos. 3 restaurants, hammock park, two dog parks one for small dogs and the other for larger dogs. Key West's favorable climate, diverse entertainment and recreational offerings and scenic beauty, make it a favorite year-round destination among travelers. We present the following non-GAAP financial measures that we believe are useful to investors as key supplemental measures of our operating performance: earnings before interest expense, taxes, depreciation and amortization, or EBITDA; hotel Adjusted EBITDA; hotel Adjusted EBITDA margin; and funds from operations contribution, or FFO contribution. These risks include, but are not limited to: volatility in the debt or equity markets affecting our ability to acquire or sell hotel assets; international, national and local economic and business conditions, including the likelihood of a U.S. recession, changes in the European Union or global economic slowdown, as well as any type of flu or disease-related pandemic, affecting the lodging and travel industry; the ability to maintain sufficient liquidity and our access to capital markets; terrorist attacks or civil unrest, which would affect occupancy rates at our hotels and the demand for hotel products and services; operating risks associated with the hotel business; risks associated with the level of our indebtedness and our ability to meet covenants in our debt and equity agreements; relationships with property managers and franchisors; our ability to maintain our properties in a first-class manner, including meeting capital expenditure requirements; our ability to compete effectively in areas such as access, location, quality of accommodations and room rate structures; changes in travel patterns, taxes and government regulations, which influence or determine wages, prices, construction procedures and costs; our ability to identify, successfully compete for and complete acquisitions; the performance of hotels after they are acquired; necessary capital expenditures and our ability to fund them and complete them with minimum disruption; our ability to continue to satisfy complex rules in order for us to qualify as a REIT for federal income tax purposes; and other risks and uncertainties associated with our business described in the Company's filings with the Securities and Exchange Commission. , no issues with draft to change based on final purchase price of the Hotel can found. 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