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October 28, 2021
Family run Ayres Hotels, of Southern California, announced its recent acquisition of the 105-room Olympic Lodge in Port Angeles. Terms were not disclosed. It's the company's first buy outside its home state. Chase Ayres said in a statement, “Our family was immediately taken by the natural beauty of Port Angeles and the warmth of its people. The Olympic Lodge is a high-quality property with many attributes that fit perfectly in our collection of accommodations.” The investment brings the company's portfolio to 24 destinations. The lodge has meeting rooms, a business center, a 24-hour gym, heated outdoor pool and hot tub. Parent company Ayres Group was founded in 1905 as a developer; the company is now in its fifth generation of leadership. It also has a building arm.