Boca Raton, FL, July 12, 2021 — Montford Group announced today the acquisition of the 180-room Holiday Inn Boca Raton North. Starting July 8, Griffin Hotel Management began operation and management of the hotel.
“We are proud to acquire the Holiday Inn Boca Raton in our home market, which benefits from diverse corporate and leisure demand, accessibility to luxury shopping, restaurants and golf, and Florida Atlantic University,” said Glenn Alba, Co-Founder and Managing Partner of Montford Group. “The hotel is a hidden gem with generously sized two-room suite configurations that is well-positioned to see increasing room night demand as the market continues to recover.”
“We are elated to add a Holiday Inn to our growing portfolio of hotels. Boca Raton has excellent regional and local access, and the market will greatly benefit from the migration of leisure transient demand within the entire South Florida market,” said Sunju Patel, Co-Founder and Managing Partner of Montford Group.
Conveniently located in the Park of Broken Sound, directly off I-95, the hotel will undergo renovations to upgrade the tropically landscaped courtyard and pool, the lobby and common areas, and a full revamp of the hotel restaurant. With its oversized, recently renovated guest rooms, a 24-hour business center, conference space, and fitness center, the Holiday Inn offers a resort-style oasis in the heart of Boca Raton.
