Carolina Retreats completes acquisition of Tranquil House Inn
Carolina Retreats, a specialty lodging and vacation rental management company based in Surf City, has announced the recent purchase of The Tranquil House Inn, a boutique 25-room inn and event space located in historic downtown Manteo. The inn will become part of Carolina Retreats’ family of brands, which also include Carolina Retreats Vacation Rentals, Topsail Realty Vacations, the Loggerhead Inn on Topsail Island and The Beach House @ Oak Island, a 22 unit ocean view vacation rental motel property on Oak Island.
Built in 1988 by developer Ray Hollowell and owned and operated for the past 27 years by The Tranquility Company and the Just family, The Tranquil House Inn is located along the Shallowbag Bay waterfront marina.
According to Mike Harrington, CEO and owner of Carolina Retreats and the Tranquil House Inn, “The Tranquil House Inn is truly one of the iconic boutique hotel and inn properties on the Outer Banks. As a hospitality management provider, we felt this opportunity was just too good to pass up. It fits a niche within our company, which is offering both traditional vacation rental homes on a mostly weekly basis, and smaller, historically significant beach motel and inn properties for shorter stays and smaller traveling parties. It benefits both our guests and property owner partners in the long run, as we can reach more potential travelers that might not be thinking of renting an entire home just yet, and hopefully appeal to the next generation of potential vacation rental guests by offering a consistent brand experience through each property type they choose.”
The Tranquil House Inn offers multiple room types from king and double queen suites, to standard rooms for those looking for a unique weekend escape. Carolina Retreats plans to make improvements to the overall property over time, with room upgrades and a future announcement for plans of the former 1587 restaurant space.
“Having lived and worked on the Outer Banks for 10 years, I know the significance that this property and location have in the community. Our entire team is looking forward to revitalizing the Tranquil House Inn brand, and bringing this fantastic Outer Banks landmark to our loyal guests,” stated Harrington.
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