SHERIDAN, WYOMING – Feb. 23, 2025 – Concord Hospitality, the hotel management and development firm, marks its 40th anniversary, celebrating decades of growth and innovation within the hospitality industry. Founded in Ohio in 1985, the company has transformed from a single hotel in Pennsylvania to a leading force, now managing over 140 hotels across North America.
A Legacy of Growth and Innovation
Concord Hospitality, currently headquartered in North Carolina, oversees properties under prestigious brands such as Hilton, Hyatt, Marriott, and IHG. As of January 2025, the company’s portfolio encompasses 145 hotels with nearly 24,000 rooms across 25 U.S. states and two Canadian provinces, alongside more than 30 bars and restaurants. This expansive reach underscores Concord’s significant impact on the North American hospitality landscape.
Key Milestones and Achievements
A pivotal achievement in 2024 was the grand opening of The Westin Atlanta Gwinnett, a 348-room hotel located in the city’s vibrant Gas South District. This opening not only expanded Concord’s footprint but also solidified its reputation for developing and managing high-quality properties.
Under the leadership of Founder and CEO Mark Laport, Concord Hospitality has established itself as an expert in hotel management across diverse segments, including select-service, extended-stay, and luxury hotels, as well as bars and restaurants. The company is poised for further growth, with plans to open 14 additional hotels and six restaurants this year.
Commitment to Excellence and Guest Satisfaction
“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 Laport. “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.”
Concord Hospitality's commitment to guest satisfaction is evident in its recognition by J.D. Power. The company ranked among the top four in the J.D. Power 2024 North America Third-Party Hotel Management Guest Satisfaction Benchmark, surpassing the 700-point mark. This achievement highlights Concord’s excellence in staff service, food and beverage, and overall value, among other key categories.
Looking to the Future
Chief Operating Officer Will Loughran emphasized the company’s forward-looking strategy: “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.”
Celebrating 40 Years of Hospitality
To commemorate its 40th anniversary, Concord Hospitality has planned a series of events throughout the year. These celebrations will honor the company’s employees, partners, and communities, while also reflecting on its past achievements and outlining its future ambitions.
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