Coastal Hospitality buys Baymont, will convert it to Holiday Inn Express

By on January 6, 2022

(Coastal Hospitality)

Baymont by Wyndham Kitty Hawk in Kitty Hawk

Coastal Hospitality Associates, LLC (“Coastal Hospitality”) today announced the purchase of the 98-room Baymont by Wyndham Kitty Hawk in Kitty Hawk, North Carolina. The transaction finalized on Wednesday, January 5.

Coastal Hospitality, a Virginia Beach, VA based hotel management and development company, will also assume daily management of the hotel, with immediate plans for a light guestroom refreshment over the next few months, in time for the busy spring and summer tourist season. 

Beginning in the 4th quarter of 2022, the hotel will temporarily close to undergo an extensive, multi-million-dollar renovation and conversion to a Holiday Inn Express. Holiday Inn Express, part of IHG Hotels & Resorts, is one of the world’s largest and most recognizable brands with over 3000 properties worldwide.

Reopening in early 2023, the Holiday Inn Express Kitty Hawk will feature a complimentary hot breakfast, outdoor pool, exercise room, free-to-guest laundry, and complimentary golf cart transportation to and from the beach for guests who prefer not to walk.

“We are thrilled for this new addition to our portfolio of hotels, and we very much look forward to the repositioning of this hotel to the Holiday Inn Express brand. The Outer Banks market has shown tremendous growth over the past decade and has proven uniquely robust despite the current COVID-19 challenges” says Chris Brown, President of Coastal Hospitality.

Coastal Hospitality also owns and operates the 100-room Holiday Inn Express Nags Head Oceanfront, located only 10 miles south in Nags Head, NC. Originally the Nags Head Inn, the hotel was purchased by Coastal in late 2015 and underwent a similar conversion to the Holiday Inn Express brand.

 

 

 

 




Comments

  • Joan mcminn

    This use to be holiday inn express back in the 80’s because I stayed there for a week

    Friday, Jan 7 @ 9:50 am
  • KHer

    Joan, you beat me to it! I think it was a HI Express even later than that, into the 2000’s. We used to joke: “I’m not a heart surgeon but I stayed at the HI Express last night!”

    I heard years ago that these large corporations play this game all the time. They depreciate the properties down, then sell them. And do it all over.

    Monday, Jan 10 @ 1:16 pm
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