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CoralTree’s parent company, Lowe, launched its hospitality management business in 1973 to provide residential resortmanagement services. In late 2023, we substantially grew our portfolio of vacation rentals and are excited to further expand, operationalize and brand this collection to highlight our expertise in this area.”
Lowe’s hospitality management subsidiary, CoralTree Hospitality Group , will assume management of the rental units, HOAs and resort properties included in the transaction. The management business will be rebranded by Lowe and CoralTree. We foresee a bright future as we guide this business toward new achievements.”
in the global resort industry from 2020 to 2027, driven by the increasing demand for leisure and hospitality services. Resort development is a complex discipline, requiring meticulous planning, strategic design, procurement, construction, operations and marketing. Forecasts indicate a positive annual growth rate of 4.7%
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