Acquisitions & Hotel Openings

Chesapeake Hospitality to Manage New Hyde Resort & Residences

Management of south Florida's newest luxury high-rise beachfront property an example of company's continued growth and securing of new opportunities nationally

HOLLYWOOD, FL. January 9, 2017 - Chesapeake Hospitality, a dynamic third-party hotel management company, announced today it has been selected to manage the new Hyde Resort & Residences located in Hollywood, FL and designed by Brazilian architect Debora Aguiar. Chesapeake Hospitality President Kim Sims made the announcement.

Upon completion later this month, the property will feature 367 one, two and three bedroom ocean front suites offering the perfect fusion of sleek design and casual comfort, using organic materials, natural wood and stone, and atmospheric lighting.

“This new, spectacular luxury condo hotel is truly like none other bringing a fresh and sophisticated hospitality and living experience to the area,” said Sims. “Coupled with our industry leading and results-driven management strategies, our team of experienced professionals are ready to take on this exciting opportunity and deliver a quality, luxury experience. We continue to partner with owners of unique properties nationally that demand a singular focus to detail and this opportunity is a great example of that.”

Additionally, the property will include a permanent curated art collection installed throughout the public areas, two infinity-edge ocean view pools and sundeck, a state-of-the-art, fully equipped fitness center with a cardio theatre overlooking the pool deck, and a dedicated yoga and Pilates studio. It will also feature a luxurious beach-inspired spa by Emenaspa ™and two naturally lit meeting rooms that will accommodate up to 50 people each. The oceanfront guest suites will have LED smart televisions, private terraces with glass railings and unobstructed views of the Atlantic Ocean, floor-to-ceiling glass doors and windows, fully-equipped kitchens, and spacious soaking tubs and glass-enclosed showers in each room.

Hyde Resort & Residences has joined Preferred Hotels & Resorts under their Preferred Residences collection of luxury vacation properties. Located at 4111 South Ocean Drive, it is situated between Ft. Lauderdale and Miami, offering guests easy access to a variety of recreational activities, including golf, boating and sport fishing, as well as world-class dining, shopping and cultural events. The hotel is just eight miles from Ft. Lauderdale-Hollywood International Airport and 19 miles from Miami International Airport.

About Chesapeake Hospitality

Greenbelt, MD-based Chesapeake Hospitality brings more than five decades and 200 collective years of executive experience to the owners of our diverse portfolio of properties nationally. Our hands-on approach using innovative and proprietary Web-based tools combined with our own deep industry knowledge ensures our revenue management strategies and investment recommendations will yield the highest revenue potential and sales growth at each of our properties. Boasting some of the highest employee retention rates in the industry, our people are with us for the long-term, ensuring owner’s personal attention, excellent service and strong relationships for the duration of our partnership. Our owners may have worked with other firms, but with Chesapeake Hospitality they experience what’s possible.

Coming Up In The May Online Hotel Business Review




Feature Focus
Eco-Friendly Practices: The Value of Sustainability
The hotel industry continues to make remarkable progress in implementing sustainability policies and procedures in their properties throughout the world. As a result, they continue to reap the benefits of increased profitability, enhanced guest experiences, and improved community relations. In addition, as industry standards are codified and adopted worldwide, hotels can now compare how their operations measure up against their competitors in terms of sustainable practices and accomplishments. This capacity to publicly compare and contrast is spurring competition and driving innovation as hotels do not wish to be left behind in this area. Water management and conservation is still a primary issue as population growth, urbanization, pollution and wasteful consumption patterns place increasing demands on freshwater supply. Water recycling; installing low-flow fixtures; using digital sensors to control water usage; and even harvesting rainwater are just a few things that some hotels are doing to preserve this precious resource. Waste management is another major concern. Through policies of reduce, reuse and recycle, some hotels are implementing “zero-waste” programs with the goal of substantially reducing their landfill waste which produces carbon dioxide and methane gases. Other hotels have established comprehensive training programs that reinforce the value of sustainability. There is employee engagement through posters and quizzes, and even contests are held to increase innovation, sensitivity and environmental awareness. Some hotels are also monitoring a guest’s energy usage and rewarding those who consumed less energy with gifts and incentives. The May issue of the Hotel Business Review will document how some hotels are integrating eco-friendly practices into their operations and how they and the environment are benefiting from them.