Signifying expansion plans for south of the border, Coast Hotels Ltd., a fully owned subsidiary of APA Hotel Canada, Inc. and one of North America’s fastest growing brands, has acquired the master franchise agreement of all existing franchised hotels of Coast Hotels USA.
The US expansion plan will enable one of Canada’s largest hotel brands to increase its footprint, particularly throughout the West Coast.
The newly established subsidiary will operate as Coast Hotels USA with 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.
Coast Hotels president Jin Sasaki says the expansion represents a “new era” for the company.
“Our plans for the USA expansion represent one of the most important milestones in our 50-year history as a hospitality company,” he said. “The opportunity to focus on USA’s most dynamic destinations and introduce our unique, localized approach and our unmatched dedication to our guests will present outstanding opportunities for expansion.”
The US expansion plan represents the latest phase of Coast Hotels’ growth strategy. In 2022, the company added five hotels to its portfolio including the acquisition and conversion of the Regency Suites Hotel to the Coast Calgary Downtown Hotel & Suites by APA.
Coast Hotels owns and operators properties throughout BC, Alberta, Saskatchewan, the Yukon, Alaska, California, Hawaii, and Washington in both large and small cities.
About APA Hotels
Headquartered in Tokyo, Japan, APA has a network of more than 620 properties and over 93,000 rooms in Japan making it the country’s largest hotel group. It also has 100% ownership of Coast Hotels, the brand, and owns the six “by APA” hotels in Vancouver, Victoria, Chilliwack, Prince George, Edmonton, and Calgary. APA is known for its urban-style hotel concept that delivers high-quality, highly functional, and environmentally friendly hotels to the market.