Who Owns Nantasket Beach Resort?

By Anna Duncan

If you’re planning a trip to Nantasket Beach Resort, you may be wondering who owns this popular vacation spot. Let’s take a closer look at the resort’s ownership and history.

The History of Nantasket Beach Resort

Nantasket Beach Resort has a long and storied history dating back to the late 1800s. The original resort, called Paragon Park, opened in 1898 and quickly became one of the most popular amusement parks in the country. Over the years, Paragon Park expanded to include a variety of attractions, including roller coasters, Ferris wheels, and other rides.

In 1971, the owners of Paragon Park decided to sell the property to real estate developers who planned to build high-rise condos on the site. However, local residents rallied to save the park and eventually convinced the developers to sell it back. In 1975, Paragon Park reopened under new ownership as a more family-friendly destination with water slides and other attractions.

Today, Nantasket Beach Resort is owned by Ocean Properties Hotels & Resorts. The company purchased the resort in 2014 and has since invested millions of dollars in renovations and upgrades.

About Ocean Properties Hotels & Resorts

Ocean Properties Hotels & Resorts is a privately held hotel management and development company based in Florida. The company was founded in 1986 by Tom Walsh Sr., who had previously worked for Marriott International.

Over the years, Ocean Properties has grown into one of the largest independent hotel management companies in North America. The company operates more than 100 hotels across the United States, Canada, and Europe.

In addition to Nantasket Beach Resort, Ocean Properties also owns several other properties in Massachusetts, including:

  • The Boston Marriott Long Wharf
  • The Westin Copley Place
  • The Sheraton Boston Hotel
  • The Hilton Boston Logan Airport

The Future of Nantasket Beach Resort

Under Ocean Properties’ ownership, Nantasket Beach Resort has undergone a number of upgrades and renovations aimed at modernizing the property and enhancing guests’ experiences. These upgrades have included:

  • Renovated guest rooms with new furniture, fixtures, and decor
  • Upgraded fitness center and spa facilities
  • New dining options, including a seafood restaurant and lounge
  • Expanded meeting and event spaces for corporate groups and weddings

Looking ahead, Ocean Properties has plans to continue investing in Nantasket Beach Resort in order to maintain its status as one of the premier vacation destinations on the East Coast. Whether you’re planning a family vacation or a romantic getaway, Nantasket Beach Resort offers something for everyone.