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Coral Hospitality is a full service hospitality management and investment company specializing in hotels, clubs and residential communities. John Ayres, Chairman, and Lee Weeks, Chief Executive Officer, bring more than six decades of five-star management experience to Coral Hospitality and their partners. The roots of the company formed in 1988, when Ayres founded Coral Beach Hotels & Resorts. A talent for locating and acquiring aging hotels in prime locations, infusing them with capital, instituting top management and conducting international marketing, successfully resulted in the generation of significant profits and the return of the properties to their former significance. Ayres' ability to recognize hotels with potential and the company's skill at assembling creative financing deals became a powerful formula for growth. In 1999, Ayres partnered with Lee Weeks and together they created the Coral Beach Club Company, a management company founded on their shared philosophy that clubs are hospitality venues which could benefit from the hotel industry's systems, service and procedures. Along with their growth of both developer owned and equity clubs, Weeks and Ayres recognized the need to successfully marry the needs of club members who wanted the luxuries of a subsidized club and operating a financially successful business. In 2002, Coral expanded it's portfolio to include residential community management, creating a new division within the company. In addition to managing master community associations, this move allowed Coral to focus on the growing condominium market, as well as, condominium hotels and resorts. In 2004, Coral Beach Clubs and Coral Beach Hotels & Resorts merged to create Coral Hospitality. This move allowed the partners to streamline their operations into a single management entity for clubs and hotels. The result is one company with broader resources, ranging from people to product purchasing power. With service and value as its major focal points, Coral Hospitality has widened its spectrum to include a diverse hotel portfolio of hotels, private clubs and residential communities. Currently managing a collection of more than 35 properties through out Florida and Georgia, Coral operates each with a core belief in providing thoughtful service in unique surroundings. The hotel properties managed by Coral Hospitality are marketed collectively to the growing number of leisure and business travelers seeking the unique experiences provided by independent hotels. The seasoned management team works closely with each hotel to develop a strategic growth plan while enhancing the individual properties' personality. The hotels meet exacting standards of service and reflect the distinctive qualities of their destinations through architecture, interior design, services and amenities. Coral Hospitality continues to pursue a growth plan to enhance its portfolio with new hotels and clubs in Florida and beyond, as well as identifying additional capital partners with similar interest in developing and managing unique properties within the hospitality industry.