Opal Grand

What Opal Grand does

Opal Grand is a luxury oceanfront resort and spa located at 10 N Ocean Blvd, Delray Beach, Florida, operating under the Opal Collection brand portfolio (corporate entity: Portsmouth Corporate Financial Services, Inc.). The single-property resort offers newly renovated rooms, suites, and villas with ocean views and private balconies, supported by three distinct on-site food and beverage outlets — Drift (seafood restaurant), Monkey Bar (cocktails), and Elevate Skye Bar & Lounge (rooftop) — and a signature Tammy Fender Holistic Spa. The asset also features more than 22,000 square feet of indoor and outdoor event space with capacity for up to 1,000 guests, marketed for weddings, corporate meetings, and celebrations, plus experiential programming including sunrise yoga and private surf lessons.

The business operates on a multi-stream transaction model: nightly room, suite, and villa rentals (with promotional variations such as Florida resident discounts and dining-credit packages), food and beverage sales, spa appointments booked through the third-party SpaTime platform, and venue/event services. Go-to-market is direct-to-consumer via the Opal Collection brand website with integrated online booking, supplemented by a dedicated local phone line (561.274.3200) and a national reservations line (866.240.6316), an RFP system for groups and weddings, and PrestoStore-distributed digital gift cards. Customer segmentation is horizontal: luxury leisure travelers are the primary segment, with families, corporate groups, wedding parties, and wellness-focused travelers as secondary audiences.

Opal Grand is one of approximately 25 independently owned and operated properties within the broader Opal Collection portfolio, which spans Florida (Clearwater, Sarasota, Naples, Delray Beach, Hutchinson Island, Jupiter, Key Largo, Key West), Maine, New York, New Hampshire, and Tennessee. The corporate entity was established in 2013; the resort holds no disclosed funding rounds, is privately held, and reports 19 employees (likely a management-layer figure rather than on-property workforce). Revenue is not publicly disclosed.

Name

Opal Grand

Legal name

Opal Collection (Portsmouth Corporate Financial Services, Inc.)

Website

https://opalgrand.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Opal Grand is a luxury oceanfront resort and spa in Delray Beach, Florida, offering rooms/suites/villas, three F&B outlets, a holistic spa, and event space for up to 1,000 guests, operated as part of the multi-state Opal Collection portfolio.

Ownership category

akta.pro rank

Product category

Luxury Resort and Spa Hospitality

NAICS

Traveler Accommodation (7211), Hotels (except Casino Hotels) and Motels (721110)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Beachfront & Island Luxury Resorts (THAGACAA)

akta.pro secondary industries

Luxury Wellness & Spa Resorts (THAGACAG), Destination Spa Resorts (THAGAMAA), Luxury Villas & Residences Resorts (THAGACAM), Luxury Boutique & Lifestyle Resorts (THAGACAO)

Keywords

• Luxury oceanfront resort
• Spa and wellness services
• Wedding and event venues
• Hotel accommodations
• Seafood dining

Headquarters

HQ city

Delray Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Accommodations: Room, suite, and villa rentals for overnight stays. Includes dog-friendly rooms. Revenue generated through nightly rates with seasonal and promotional pricing variations.
2. Food & Beverage: Multiple dining venues including Drift (seafood restaurant), Monkey Bar (cocktails), and Elevate Skye Bar & Lounge. Promotional packages include dining credits with extended stays.
3. Spa Services: Tammy Fender Holistic Spa offering wellness and spa treatments. Bookable appointments through SpaTime booking platform.
4. Events & Meetings: Over 22,000 square feet of indoor and outdoor venue space for weddings, meetings, and celebrations. Capacity up to 1,000 guests. Revenue from venue rental and associated event services.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Opal Grand operates a luxury oceanfront resort and spa in Delray Beach, Florida, selling overnight stays in newly renovated rooms, suites, and villas alongside on-site dining, wellness services, resort activities, and event space. The property generates revenue from nightly accommodations (including pet-friendly rooms), multiple food and beverage outlets (Drift, Monkey Bar, Elevate Skye Bar & Lounge), the Tammy Fender Holistic Spa, and more than 22,000 square feet of wedding, meeting, and celebration venues for groups up to 1,000 guests.

Product overview

Opal Grand is a luxury oceanfront resort and spa offering a unified hospitality experience. The property provides coastal accommodations (rooms, suites, and villas with ocean views and private balconies), multiple dining venues (Monkey Bar for cocktails, Drift seafood restaurant, and Elevate Skye Bar rooftop lounge), an award-winning Tammy Fender Holistic Spa, over 22,000 square feet of event space for meetings and weddings accommodating up to 1,000 guests, and diverse resort activities including yoga, pool access, and surf lessons. The resort operates on a single-property model with seasonal promotional offers such as Florida resident discounts and dining credits.

Differentiator

Problem solved

Functional benefit

Brands

• Monkey Bar: Handcrafted cocktails and jungle vibes bar experience at Opal Grand
• Drift
• Elevate Skye Bar & Lounge
• Tammy Fender Holistic Spa

Products and services

• Coastal Accommodations (Rooms, Suites & Villas) Newly renovated seaside-inspired hotel rooms, suites, and luxury villas offering ocean views with private balconies, dog-friendly options, and villas with kitchenettes and spacious living areas. Targeted at leisure travelers, families, and wedding or corporate groups staying overnight at the resort.
• Drift Seafood Restaurant On-site seafood restaurant presenting coastal dining for resort guests and local visitors in Delray Beach.
• Monkey Bar On-site bar offering handcrafted cocktails in a jungle-themed setting for resort guests and visitors.
• Elevate Skye Bar & Lounge On-site rooftop upscale lounge offering cocktails and panoramic views for resort guests and visitors.
• Tammy Fender Holistic Spa Award-winning on-site holistic spa sanctuary offering wellness and spa treatments to resort guests and outside visitors, with appointments bookable via the SpaTime platform.
• Event & Meeting Venues More than 22,000 square feet of modern indoor and outdoor venue space for weddings, meetings, conferences, and celebrations of up to 1,000 guests, supported by an on-site event inquiry and RFP process.
• Resort Activities & Experiences Curated on-property experiences including sunrise yoga classes, poolside relaxation, private surf lessons, and seasonal holiday programming available to resort guests.

Quantifiable outcome

• Delray Beach named #1 Beach in Florida three consecutive years (USA Today Readers' Choice)
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Setai Miami Beach: Luxury oceanfront hotel in Miami Beach with spa, multiple dining venues, and event facilities. Comparable in targeting affluent leisure and group travelers across the South Florida coast.
• The Breakers Palm Beach: Iconic luxury oceanfront resort in Palm Beach with multiple restaurants, spa, and large event facilities. Direct competitor for affluent leisure and group demand in the South Florida luxury segment.
• Boca Raton Resort & Club: Large luxury oceanfront resort just south of Delray Beach with extensive spa, dining, golf, and event facilities. Comparable in targeting affluent leisure, weddings, and corporate groups in the same South Florida corridor.
• Acqualina Resort & Residences: Luxury oceanfront resort in Sunny Isles Beach with spa, multiple restaurants, and event space. Comparable in premium beachfront positioning, family leisure appeal, and high-end group business.
• The Ritz-Carlton, Fort Lauderdale: Luxury oceanfront branded hotel 40 miles south with spa, F&B, and event space. Direct competitor for premium leisure and corporate group demand along the Southeast Florida coast.
• Eau Palm Beach Resort & Spa: Luxury oceanfront resort in Manalapan with award-winning spa, multiple dining venues, and event space. Comparable luxury positioning, spa-led wellness offering, and South Florida beachfront appeal.
• Four Seasons Resort Palm Beach: Five-star oceanfront luxury resort with spa, fine dining, and event venues in nearby Palm Beach. Comparable high-end leisure, family, and group offering in the same South Florida market.
• The Resort at Longboat Key Club: Opal Collection resort on Longboat Key with beachfront rooms, spa, dining, and large event space. Direct intra-brand peer with the same luxury, oceanfront, event-driven operating model.
• Delray Sands Resort: Sister property in the Opal Collection located in Highland Beach just south of Delray Beach. Direct peer offering oceanfront accommodations, spa, and event space in the same destination market under the same brand umbrella.
• Opal Sands: Sister Opal Collection property on Clearwater Beach offering oceanfront rooms, spa, F&B, and event venues. Direct intra-brand peer with nearly identical product mix, target customer, and operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/opalgrand
• LinkedInlinkedin.com/company/opal-grand

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Opal Grand