EOS Investors LLC, a privately held hospitality investment firm, has formed a partnership with Brittain Resorts & Hotels involving seven oceanfront resorts in Myrtle Beach, SC, and an expansion of its Myrtle Beach portfolio following EOS’s 2019 acquisition of Kingston Resorts, Myrtle Beach.
“We are grateful for the opportunity to expand the EOS footprint in Myrtle Beach, one of the most popular beach destinations on the East Coast and the second fastest growing metropolitan area in the United States,” said Tom Burns, managing director, EOS. “With over 20 million annual visitors, Myrtle Beach provides guests and residents with a diverse array of amenities, unseen in many other markets in the United States.”
The newly formed partnership will consist of North Beach Resort & Villas; Grande Cayman Resort; Ocean Reef Resort; Caribbean Resort & Villas; Bay View on the Boardwalk; Compass Cove Oceanfront Resort; and Paradise Myrtle Beach Oceanfront Resort. These properties encompass 2,400 keys; 4,400 sleeping rooms; 13 restaurants; and 83 water attractions.
“Brittain Resorts has fostered welcoming hospitality and established deep community roots in Myrtle Beach for the past 70 years,” commented Clay Brittain III, chairman, Brittain Resorts & Hotels. “We are fortunate to add the expertise of EOS to complement and expand upon these efforts.”
Matthew Brittain, CEO, Brittain Resorts & Hotels, added, “Along with EOS, we look forward to continuing to invest in these iconic resorts and the Myrtle Beach community while creating the next chapters in their storied history of success.”
The entire Brittain Resorts executive team, as well as all the associates at each of the resorts, will be retaining their current roles and responsibilities in the new partnership structure.
“I am very pleased that we have found a partner who shares Brittain Resorts & Hotels’ core values of stewardship, service, excellence, teamwork, family, accessibility and integrity,” said Ann Brittain LeMay, director, Brittain Resorts & Hotels. “These values were instilled in the company many decades ago by Clay Brittain Jr. and reinforced through the leadership of David Brittain and subsequently Matthew and me. The future of Brittain Resort & Hotels is bright.”
Simon Mais, COO, EOS Hospitality, echoed Ann’s sentiments, “EOS is excited to be partnering with Brittain Resorts & Hotels. We look forward to building upon the success and long-standing reputation they have earned as legacy operators in the Myrtle Beach community.”