Z Ocean Manager Frank Fuentes (center, left) accepts the award for Best Performing Upscale Hotel

Z Ocean Named Best Performing Upscale Hotel By STR Global

It’s Good to be on Top

We’re thrilled to announce we’ve been named this year’s recipient for the Best Performing Upscale Hotel award from STR Global LTD at the 2012 Hotel Data Conference, hosted by STR Global and HotelNewsNow.com.

The 4th annual Hotel Data Conference was held at the Loews Vanderbilt Hotel in Nashville, Tennessee, on September 5 and 6. Our Director of Sales & Marketing, Frank Fuentes, accepted the award on behalf of the Z Ocean team.

“I watch the staff work hard every day and see the dedication they put into ensuring each guest receives the utmost service. Accepting this award for Best Performing Upscale Hotel from STR means a great deal to all of us at Z Ocean Hotel,” said Fuentes.

But we couldn’t have done it alone… Thank you to each and every one of our guests and hard working staff for helping us accomplish this great achievement! It’s because of you that we enjoy so much what we do in providing best-in-class upscale service.

At Z Ocean Hotel, we strive each and every day to make sure our guests experience a stress-free, intimately luxurious stay and we’re very proud to accept this prestigious award as validation that we’re one of the sexiest, most luxurious hotels on South Beach.

About STR Global

STR Global is a worldwide leader in providing hotel operators, developers, financiers, analysts and suppliers with hotel industry-access to hotel research with regular and custom reports covering North America, Mexico and Caribbean.

The statistical-based company specializes in covering global hotel data daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR is also affiliated with Global, RRC Associates, STR Analytics, and HotelNewsNow.com.

How winners are chosen

Out of 3,300 hotels nationwide, Z Ocean was chosen for the Best Performing Upscale segment. Winning hotels are determined based on a number of criteria, including: occupancy, average daily rate and revenue per available room, over a two-year period.

The 2011 performance was compared against each property’s Market Scale performance as well as the 2010 performance. In order for a hotel to be considered for this award, the hotel is required to report data for the 24-month period, be open for those consecutive 24 months and report no room-count changes during the 24-month period.

STR rated nearby hotels on what was considered among the same class as Z Ocean Hotel: King and Grove Tides, The Betsey, The Delano, Sagamore and The Raleigh.

“These hotels and staff have gone above and beyond, demonstrating strong performance during 2011. We are proud to recognize their achievements,” said Randy Smith, co-founder and chairman of STR Global.

For more information on our achievement, visit www.hotelnewsnow.com.

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