Award-winning hospitality company included in 2018 North Carolina Mid-Market Fast 40 List
Concord Hospitality Enterprises Company, a leading hospitality manager and developer, has been ranked among the top 40 fastest growing mid-market companies in North Carolina. Based on revenue and employment growth, Concord Hospitality was ranked No. 38 on the 2018 North Carolina Mid-Market Fast 40 list, which celebrates sustained growth throughout The Tar Heel state.
Companies ranked on the NC Mid-Market Fast 40 list must be headquartered in North Carolina with net annual revenues between $10 million and $500 million. Additionally, companies must demonstrate sustained revenue and employment growth over the past three years.
“Concord Hospitality has been headquartered in North Carolina for more than 15 years, so it is an honor to be recognized for our contributions to the state,” said Mark Laport, President and CEO of Concord Hospitality. “We look forward to many more years of growth as we continue to expand our portfolio of more than 100 hotels and increase our employee base not only in North Carolina but across North America.”
In mid-2018, Concord Hospitality officially welcomed its 100th property to its growing portfolio of top-tier brands. The hospitality company currently manages 10 properties in North Carolina, with more slated to open in the coming years. Additionally, Concord Hospitality was recently named to the 2018 Grant Thornton North Carolina 100® (NC100), which ranks the state’s largest private companies by revenue.
Business North Carolina and Cherry Bekaert LLP, in conjunction with Manning, Fulton & Skinner, P.A. and Regions Bank, host the annual NC Mid-Market Fast 40 program. Now in its eighth year, the list aims to showcase and promote the importance of growth in the middle market to help expand the state’s economy and stimulate job creation.
All winners listed on this year’s NC Mid-Market Fast 40 were recognized during a luncheon on Oct. 10 in Pinehurst, N.C.
About Concord Hospitality Enterprises Company
As an award-winning hotel development and management company, Concord Hospitality Enterprises Company has spent the last three decades building relationships with investors, partners, and third-party hotel owners on more than $2.5 billion in premium-branded properties across the United States and Canada. As an operator, Concord Hospitality instills value from the ground up, developing and managing with a sustainable viewpoint, a focus on quality and hands-on involvement to ensure long-term profitability and success. Concord Hospitality believes that its people are its greatest strength. With the brightest talent, the most innovative processes and a commitment to giving back to the communities where associates live and work, Concord Hospitality is committed to being a great place to work for all. Learn more at concordhotels.com.