Kalyan Hospitality Broadens Footprint in Roanoke with Acquisition of Two New Hotels: Courtyard by Marriott Roanoke Airport and Residence Inn Roanoke

Richmond, VA – March 14, 2024 – Kalyan Hospitality, a leading hospitality management company, announced today the successful acquisition of two prominent hotels in Roanoke, Virginia. The newly acquired properties, Courtyard by Marriott Roanoke Airport and Residence Inn Roanoke, mark a significant expansion for Kalyan Hospitality, solidifying its presence in the vibrant Roanoke hospitality market.

The Courtyard by Marriott Roanoke Airport, conveniently located near the Roanoke-Blacksburg Regional Airport, offers modern amenities and exceptional service to business and leisure travelers alike. Similarly, the Residence Inn Roanoke, renowned for its spacious suites and home-like comforts, provides an ideal extended-stay experience for guests seeking long-term accommodations. Both hotels’ convenient locations and services make it a preferred choice for travelers looking for a comfortable and convenient stay in Roanoke.

Commenting on the acquisition, President and Owner of Kalyan, Nick Patel, expressed his enthusiasm for the expansion and the opportunities it presents for Kalyan Hospitality. “We are thrilled to broaden our footprint in Roanoke with the acquisition of these two exceptional hotels,” said Patel. “Roanoke is a dynamic market with tremendous growth potential, and we are excited to further establish our presence here. These acquisitions align with our strategic vision of expanding our portfolio in key markets across Central Virginia and providing exceptional hospitality experiences to our guests.”

The Courtyard by Marriott Roanoke Airport and Residence Inn Roanoke join Kalyan’s existing portfolio in Roanoke including: Home2 Suites by Hilton Roanoke, Hampton Inn & Suites Roanoke, Holiday Inn Roanoke Conference Center & Candlewood Roanoke Airport, as well as four others under planning and development.

About Kalyan Hospitality:

Kalyan Hospitality is a dynamic and forward-thinking hospitality company with a proven track record of delivering exceptional guest experiences. With a focus on strategic growth, Kalyan Hospitality is continuously expanding its portfolio of premium hotels and commercial properties across key markets.

For further information, please contact:

Mellisa Ayer, Sales & Marketing Strategy Director

Kalyan Hospitality

mayer@kalyanhospitality.com

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