Vista Investments Management Company, or VIMCO—the hotel operations subsidiary of Vista Investments—has taken over the management of the Sea Blue Hotel, located at 1670 Ocean Avenue, Santa Monica, CA 90401.
The 1945 property is located just north of the Ocean Park neighborhood, five minutes away on foot from Ocean Front Walk and less than half a mile from the Santa Monica Pier.
Les Biggins, Chief Financial Officer of Vista Investments, said, "We're very excited to be bringing this property into the fold. Demand for rooms is high in virtually any part of Santa Monica. This hotel is in a uniquely popular spot even for an already popular market."
As a full-service hospitality management company, VIMCO operates a broad range of properties. This Ocean Avenue hotel marks the second 2017 addition to the VIMCO portfolio of managed and operated properties, which includes other Southern California beachfront and near-beach hotels. Further additions to the VIMCO portfolio are anticipated as the year progresses.
"Managing this hotel means meeting high expectations. We look forward to helping it build the right reputation through the coming years," said Chuck Valentino, Vice President of Operations at Vista Investments Management Company.