KM Hotels

About KM Hotels

KM Hotels is a real estate operator. KM Hotels operates in Austin, Texas and Richmond, Virginia. Its investment focus is on Hospitality.

KM Hotel is a Richmond, Virginia-based hotel management, acquisition, and real estate development enterprise headquartered at 6627 West Broad Street, Suite 300. Operating with over 35 years of industry experience, the family-owned firm is led by second-generation executive Mayur K. Patel (Chief Executive Officer), Tamer Elattar (Vice President of Operations), and Teresa Cooper (Controller). The company specializes in hospitality development, asset management, site selection, and ground-up construction across select-service, full-service, and multi-family mixed-use property types. Partnering with major global brand networks—including Hilton, Marriott, IHG, and Choice Hotels—its vertically integrated platform oversees operations from initial site acquisition and entitlement through long-term property management. The enterprise maintains an active real estate footprint spanning key East Coast, Mid-Atlantic, and inland markets, with properties across Virginia, Maryland, West Virginia, New Jersey, Pennsylvania, South Carolina, Alabama, Kentucky, and Texas. Key portfolio assets and active projects include the dual-branded Home2 Suites / Tru by Hilton developments, Spark by Hilton conversions in Harrisonburg and Waynesboro, and multi-family urban mixed-use developments such as Studios @ 6531 on West Broad Street in Richmond.

Principals at KM Hotels