MIAMI, Florida—Kabani Hotel Group introduced the profitable off-market sale of the Delta Resorts by Marriott West Palm Seaside, a 199-room, interior-corridor resort in West Palm Seaside, Florida. The property was bought at an undisclosed buy worth. The transaction was brokered off-market by Suraj Dalal, companion at Kabani Resort Group, alongside Ahmed Kabani, founder and chief govt officer. The sale marks Kabani Resort Group’s second closing of 2026.
“Sustaining strict confidentiality for possession was crucial all through the method. The client, a Canadian-based group, Palm Holdings, acquired the property, all money, persevering with the pattern we’re seeing of worldwide demand for well-located Florida accommodations. Even amid broader political and capital markets uncertainty, South Florida fundamentals stay robust, with Florida persevering with to rank as probably the most visited state within the U.S. and patrons exhibiting long-term conviction in core markets equivalent to West Palm Seaside,” stated Suraj Dalal, companion at Kabani Resort Group.
Initially acquired two years in the past as a Vacation Inn, the property underwent a complete renovation and model conversion to Delta Resorts by Marriott. The repositioning was executed with out shutting down operations, permitting the resort to stay open and generate income all through the renovation interval. The asset is at the moment in its ramp-up part beneath the brand new model.
“This transaction displays the significance of lively, direct engagement with resort homeowners in right this moment’s market,” added Ahmed Kabani, founder and chief govt officer of Kabani Resort Group. “The client noticed the long-term potential of this location and the power of the Marriott platform, and we’re proud to have delivered a profitable consequence for each events by an off-market course of.”
