Coastal Hospitality Associates

About Coastal Hospitality Associates

Coastal Hospitality Associates is a real estate operator headquartered in Myrtle Beach, SC. Coastal Hospitality Associates operates in Virginia Beach - Norfolk - Hampton Roads, Virginia. Its investment focus is on Hospitality.

Coastal Hospitality Associates, LLC is a full-service hotel management and development firm headquartered in Virginia Beach, Virginia. With more than 40 years of industry operations, the company has successfully developed and managed dozens of branded hotels across Virginia and North Carolina. The enterprise oversees a portfolio comprising approximately nine active hotels, featuring seven properties in Virginia Beach and two in the Outer Banks of North Carolina. These properties are franchised under six major hospitality brands, including Fairfield Inn & Suites, SpringHill Suites, Residence Inn, Holiday Inn, Holiday Inn Express, and Holiday Inn Express & Suites. Highlighting its development capabilities, a notable past transaction involved the acquisition, comprehensive renovation, and conversion of a 98-room Baymont by Wyndham in Kitty Hawk into a Holiday Inn Express in early 2022. The company provides a comprehensive suite of nine internal operational services to support its hospitality portfolio. These in-house disciplines encompass accounting, payroll, financial analysis, property renovations, risk management, daily operations, sales and marketing, revenue and human resources management, and food and beverage services.

Principals at Coastal Hospitality Associates