Founding CHT Members
L.T.D. Hospitality Group LLC (“L.T.D.”), based in Virginia Beach, Va., is a hospitality management and development company founded in 1983, led by managing principals Neel Desai and Malay Thakkar. L.T.D. contributed nine hotel properties to CHT, all of which are located in Virginia and include a mix of upscale to upper upscale hotels across multiple IHG and Marriott brands.
L.T.D.’s contribution expanded CHT’s multi-state footprint into Virginia, a vibrant growth market. Hampton Roads comprises the Virginia Beach-Norfolk-Newport News metropolitan area, which has a population of approximately 1.8 million. The region is known for its significant military presence and is home to the Port of Virginia, one of the busiest ports on the East Coast. The area is a tourist mecca with 3,000 miles of shoreline with beautiful beaches and hundreds of historical sites and attractions, including Colonial Williamsburg, the historic Jamestown Settlement, the Virginia Air and Space Museum, and Busch Gardens.
Neel Desai
LTD Founder
Malay Thakkar
LTD Founder
How to Contribute
Hotel Assets
CHT is seeking the best in full service, select service, extended stay, and lifestyle hotel owners and operators. Our CHT team has established an efficient process for exploring and executing contributions.