Additions and Renovations
The Caravelle Motel added an oceanfront addition in 1965, and a fourth story soon after.
It became The Caravelle Resort as condominium buildings were built around the perimeter of The Caravelle. The seven story Caravelle Tower was built and the efficiency units were sold to individual owners. The Caravelle then rented these units on behalf of these owners in exchange for rental commission and became the first property in Myrtle Beach to do so. This rental management company was the first of its kind, but nearly all of the units that are currently available for rental in Myrtle Beach have now become condominiumized. The Caravelle took over the management units in other buildings around the motel building, and is currently has nine buildings and over 600 units.
In 1988, a new ownership group purchased The Caravelle Resort and in 1989 expanded the motel building and it was then known as the Caravelle Hotel. The hotel building featured an oceanfront addition that added oceanfront suites from the 7th to the 15th floors, an indoor pool on the 7th floor and a six story parking deck.
In 1997, The Caravelle Resort completed its most recent addition. The side wing of the Caravelle Hotel was expanded to 15 stories and a brand new centralized check in lobby was built. At this point the hotel grew from 220 units to 360 units.
In 2007, The Caravelle Resort might have completed its most significant change. $8 Million was spent on the renovation of the efficiencies and suites in the hotel building and the units were sold to individual owners. The rooms feature a level of luxury that is relatively comparable to when the motel first opened in 1960. The renovations included: granite counters, flat screen TVs, custom floor coverings and contemporary decor.
Read more about this topic: The Caravelle Resort