VANCOUVER — Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc., has completed the acquisition of a master-franchise agreement inclusive of all existing franchised hotels from Coast Hotels USA, LLC.
The U.S. expansion plan will enable Coast Hotels to increase its footprint, particularly throughout the west coast. Operating as Coast Hotels USA, Inc., the company aims to achieve significant growth through a combination of new franchise and hotel-management contracts, mergers and acquisitions and the purchase of hotel real estate in key locations by 2027.
“[This] announcement and our plans for the U.S. expansion represent one of the most important milestones in our 50-year history as a hospitality company,” says Jin Sasaki, president of Coast Hotels. “The opportunity to focus on the U.S.’s most dynamic destinations and introduce our unique, localized approach and our unmatched dedication to our guests will present outstanding opportunities for expansion. We look forward to working with our parent company, APA Hotels, and all of our partners as we embark on a new era as a company.”