September 20, 2017 10:49 AM ET

Hotels, Restaurants and Leisure

Company Overview of Concord Hospitality Enterprises Company

Company Overview

Concord Hospitality Enterprises Company operates as a hotel development, ownership, and management company in the United States and Canada. The company develops, acquires, and operates its own hotel properties, as well as provides hotel management services to full-service and upscale select-service hotel properties. It offers fee-based management services for various hotel ownerships, including joint ventures, REITs, private equity funds, private entities, and individuals. Concord Hospitality Enterprises Company was founded in 1985 and is based in Raleigh, North Carolina. It operates hotels in Arizona, Alberta, Ontario, Colorado, Washington D.C., Florida, Georgia, Iowa, Illinois, Maryland, M...

11410 Common Oaks Drive

Raleigh, NC 27614

United States

Founded in 1985

Phone:

919-455-2900

Fax:

919-455-2909

Key Executives for Concord Hospitality Enterprises Company

Co-Founder, Chief Executive Officer and President
Chief Financial Officer
Chief Operating Officer and Executive Vice President
Principal and Executive Vice President of Construction
Executive Vice President of Operations and Development
Compensation as of Fiscal Year 2017.

Concord Hospitality Enterprises Company Key Developments

Concord Hospitality Enterprises Company Appoints John Henry as General Manager of Cambria Hotel & Suites in Durham

Concord Hospitality Enterprises Company has announced the appointment of John Henry as General Manager of Cambria hotel & suites in Durham, N.C. The 33-year-old local landmark was acquired in 2015 and went through an $8 million renovation. It reopened as the Cambria Durham in April. Property-wide, he will focus on incorporating the city’s vibrant style into the design, highlighting the renovations that make the property a fundamental element of Durham’s emerging hospitality scene. He currently sits on Cambria’s Food and Beverage Advisory Council.

Concord Hospitality Announces Opening of AC Raleigh North Hills

Concord Hospitality announced the opening of AC Raleigh North Hills, the first AC Hotel by Marriott property to open its doors in the state. Concord and Kane Realty partnered together on the new 135-room hotel, one of 30 AC Hotels opening nationwide in the next 18 months. AC Hotel Raleigh North Hills features the brand’s signature open-concept spaces outfitted with modern furnishings and décor. The seven-story hotel includes communal spaces that offer technology and complimentary WiFi for guests and locals to work, connect, explore and socialize. The property is within easy walking distance of arts and entertainment, restaurants, shops and galleries in the North Hills area. The hotel’s rooftop lounge and terrace, Level7, features panoramic views of the area and serves tapas-inspired small plates, Spanish wines, handcrafted cocktails and local beers. Level7 is accessible from inside the hotel, as well as through a separate entrance that takes guests to the rooftop by way of a glass elevator. It is open to hotel guests and the public. This level also offers 1,370 square feet of meeting space, featuring integrated AV technology and customizable banquet menus.

Concord Hospitality to Open New Marriott Autograph Collection Hotel in Florida

Concord Hospitality has unveiled plans to open a new property under the Marriott Autograph Collection brand in West Palm Beach, Florida. The new hotel will be located at the former City Hall site in West Palm Beach. The hotel will be part of a mixed-use project, which will include 27,000 sq ft of retail space; up to 7,000 sq ft of restaurant and outdoor dining space; 255 multi-family units; and a public park.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 14, 2016
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