SHERIDAN, WYOMING – Feb. 23, 2025 – Concord Hospitality marked its 40th anniversary, celebrating four decades of remarkable contributions to the hospitality sector. Since its establishment in 1985 in Ohio, the company has relocated to North Carolina and evolved into a prominent player, boasting a diverse portfolio that includes renowned brands like Hilton, Hyatt, Marriott, and IHG. Under the visionary leadership of Founder and CEO Mark Laport, Concord has solidified its reputation across various hotel segments, including select-service, extended-stay, full-service, luxury, and lifestyle, as well as its impressive array of bars and restaurants.
Expanding Footprint and Continued Growth
As of January 2025, Concord Hospitality’s portfolio comprises 145 hotels, totaling 23,696 rooms, across 25 states and two Canadian provinces. The company also manages over 30 thriving bars and restaurants. With 14 new hotels and six restaurants slated to open in 2025, Concord is poised for further expansion, reinforcing its position as a leader in the hospitality industry.
A Legacy of Dedication and Innovation
“Over the past four decades, Concord Hospitality has not only expanded its portfolio but has also redefined what it means to deliver world-class hospitality,” said Mark Laport, CEO, Concord Hospitality. “This incredible milestone would not have been possible without the unwavering passion, dedication, and ingenuity of our team members, as well as the trust and support of our valued partners, guests, and communities. We are deeply grateful to everyone who has contributed to our journey—our talented teams, who have excelled in technology, food & beverage, operations, and revenue management, and our partners, who have placed their confidence in us. As we celebrate our rich legacy, we do so with immense appreciation and excitement for the opportunities that lie ahead.”
Key Milestones and Future Outlook
Concord Hospitality has achieved significant milestones throughout its 40-year history. In 2024, the company played a pivotal role in enhancing Atlanta’s Gas South District by developing and opening The Westin Atlanta Gwinnett, a 348-room hotel featuring a comprehensive meetings and events facility. Looking ahead to 2025, Concord is embarking on a new phase of growth, with strategic investments aimed at further expanding its footprint and enhancing its service offerings.
Focus on Future Growth and Innovation
As part of its 40th-anniversary celebrations, Concord Hospitality is also focusing on its future trajectory. Chief Operating Officer Will Loughran emphasized, “We’re excited to build on the strong foundation of the past 40 years. By embracing emerging trends and markets, we’re focused on positioning Concord Hospitality for sustained success and growth in the decades to come. With a strong development pipeline and continued collaboration with leading hotel ownership groups, we are continuing to reinforce our reputation as one of the most trusted operators in the industry.”
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