DAYTONA, FL—Boca Raton, FL-based private investment group Waramaug LS Hotels has purchased the Marriott Daytona Beach Speedway/Airport hotel here.

Waramaug did not reveal the purchase price for the 122-room property that was fully upgraded by the former owners in June 2011 for $1.2 million. The property sits on 4.34 acres and includes 75 king rooms, 39 double queen rooms, three double queen suites, one king suite and four king spas. It also features a total of 1,700 square feet of meeting space throughout four meeting rooms. The hotel also offers an outdoor swimming pool, whirlpool, fitness center, business center and outdoor seating and grilling area.

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