Industry NewsCoury Holdings Secures Nine Hotel Management Agreements in California

Coury Holdings Secures Nine Hotel Management Agreements in California

DALLAS, Texas—Coury Holdings secured nine new hotel management agreements across California while growing its leadership team with the appointment of Bo Patel as chief operating officer. With more than two decades of experience in hospitality management, development, and investment, Patel will lead West Coast growth and operations, driving expansion, operations, and brand partnerships for Coury Holdings’ West Coast assets, with a focus on the Concert Hospitality division.

“Bo’s deep expertise and strong West Coast relationships make him the ideal leader to drive our expansion in California,” said Paul Coury, founder and CEO, Coury Holdings. “His leadership will be instrumental in positioning us as a dominant force in the branded hotel sector, delivering exceptional value to our ownership partners and elevated experiences for our guests.”

With the addition of nine California properties, Coury Holdings gained a presence in both Northern and Southern California, offering a range of lifestyle and branded accommodations:

  • San Diego: Hilton Garden Inn Old Town, Hampton Inn Mission Valley, Homewood Suites Mission Valley, and Homewood Suites Hotel Circle collectively add 726 rooms, multiple dining venues, outdoor pools, and fitness centers to the market.
  • Palm Springs: DoubleTree Palm Spring (289 rooms) offers Mira Bar & Lounge and Polanco Kitchen.

Meanwhile, Coury Hospitality, the lifestyle division of Coury Holdings, expanded its curated hotel portfolio with four new management agreements, further reinforcing its footprint in the Western Region:

  • TETRA Hotel, Autograph Collection, Sunnyvale, California
  • Hotel Citrine, Tribute Portfolio, Palo Alto, California
  • AC Hotel Palo Alto, Palo Alto, California
  • AC Hotel Sunnyvale, Sunnyvale, California

Patel is a hospitality and real estate executive with over two decades of experience driving value across asset classes. Before joining Coury Holdings, Patel led a team managing a family office real estate portfolio, leveraging a data-driven approach to grow asset performance and deliver returns.

Previously, he co-founded and served as chief financial officer of Evolution Hospitality, playing a role in its launch, growth, and acquisition by Aimbridge Hospitality. He oversaw all financial aspects of the business, demonstrating knowledge in financial management, strategic planning, and leadership. Before that, he was vice president of finance at Tarsadia Hotels, where he led financial operations, including accounting, reporting, budgeting, forecasting, and risk management.

“I am thrilled to join Coury Holdings along with this flagship West Coast portfolio,” said Patel. “Our proven management expertise will ensure exceptional performance and guest experiences, and I look forward to introducing this dynamic platform to valued ownership partners throughout the region.”

RELATED ARTICLES

Accor Reports Q1 2025 Results

Accor reported Q1 2025 results. Highlights include: Revenue up 9.2 percent to €1,349 million RevPAR up 5 percent versus Q1 2024 Pipeline up 4.9 percent over the...

Hampton Inn & Suites Maui North Shore Announces Opening of Oceanfront Hotel

KAHULUI, Hawaii—Hampton Inn & Suites Maui North Shore, operated by Springboard Hospitality, announced the opening of its newly built 136-room oceanfront hotel. Located on the...

Choice Hotels International Introduces Mews Cloud Technology as Property Management System Option

AMSTERDAM—Choice Hotels International is introducing Mews as a property management system (PMS) option for international franchisees. The platform is designed to connect with Choice Hotels' proprietary...

Urban Catalyst and Island Hospitality Celebrate Opening of Marriott TownePlace Suites in San Jose

SAN JOSE, California—Urban Catalyst announced the official opening of the Marriott TownePlace Suites. The project was developed in collaboration with Island Hospitality Management. Located in...

Lodging Econometrics: U.S. Hotel Construction Pipeline Grows in Q1 2025

As seen in Lodging Econometrics’ (LE) Q1 2025 U.S. Hotel Construction Pipeline Trend Report, at the close of the quarter, the pipeline consisted of 6,376...

Palette Hotels Awarded Management of DoubleTree by Hilton Washington Meadow Lands Casino Area

WASHINGTON, Pennsylvania—Palette Hotels announced that it has been awarded management of the 140-room DoubleTree by Hilton Washington Meadow Lands Casino Area in Washington, Pennsylvania....