Concord Hospitality

Concord Hospitality is a prominent hotel development, ownership, and management company founded in 1985 by Mark G. Laport. Headquartered in Raleigh, North Carolina, Concord Hospitality has built a reputation for delivering exceptional hospitality experiences through its portfolio of full-service and select-service hotels across North America, including a significant presence in Miami, Florida.

With over 6,000 employees and $1.6 billion in annual revenue reported in 2022, Concord Hospitality combines the efficiency of a large company with the personalized service of an independent operation. Their strategic partnerships and innovative approach position them as a leader in the hotel industry, catering to investors, travelers, and communities alike.

Company Overview and History

Founded: 1985
Founder: Mark G. Laport
Headquarters: Raleigh, North Carolina, USA
Industry: Hotel Development, Ownership, and Management
Employees: Over 6,000
Annual Revenue: $1.6 billion in 2022

Concord Hospitality Mission Statement

"To be a Great Place to Work for ALL, emphasizing ALL because we know that when people feel safe and free to be authentic, they bring their best selves to work, which fuels innovation and optimal performance."

What Makes Concord Hospitality Different

Concord Hospitality's unique value proposition lies in combining the experience of a large company with the high-touch service of an independent operation. This allows them to specialize in developing and managing both full-service and select-service hotels with a strong presence in key markets including Miami.

Specialized Hospitality Services

Offering a comprehensive suite of services such as hotel development, ownership, management, and food & beverage operations, Concord Hospitality delivers well-rounded solutions to investors and guests, emphasizing quality and operational excellence.

Trusted Brand Partnerships

The company maintains strong relationships with major hotel brands like Marriott, Hilton, and Hyatt, enhancing its reputation as a leading developer and manager of lifestyle luxury and select-service properties across the United States and Canada.

Concord Hospitality's Notable Properties

Concord Hospitality boasts a diverse portfolio of acclaimed properties that include:

• The Westin Atlanta Gwinnett: A premier full-service hotel in Atlanta, GA.
• AC Hotel Louisville Downtown: A stylish select-service hotel in Louisville, KY.
• Hyatt Centric Brickell Miami: A vibrant lifestyle hotel located in Miami, FL, catering to modern travelers.
• Hyatt House Jersey City: A comfortable extended-stay hotel serving Jersey City, NJ.

Business Model and Operations at Concord Hospitality

Concord Hospitality partners with investors and third-party hotel owners to develop, own, and manage premium-branded properties across North America. This partnership-driven model enables scalable growth while maintaining high operational standards and guest satisfaction.

Strategic Partnerships

By collaborating with industry leaders and investors, Concord Hospitality efficiently manages both select-service and full-service hotels, optimizing performance and ensuring market responsiveness.

Operational Excellence

Their integrated approach to hotel management includes attention to food & beverage operations and guest services, reinforcing their commitment to quality and innovation in hospitality.

Employment and Career Opportunities at Concord Hospitality

Certified as a Great Place to Work®, Concord Hospitality offers rewarding careers in hotel management, development, and operations. The company fosters an inclusive culture that encourages employees to bring their authentic selves to work, driving innovation and professional growth.

Available Positions

• Hotel Management Trainee
• Operations Manager
• Development Coordinator
• Food & Beverage Director
• Corporate Support Roles

Benefits and Culture

• Inclusive and supportive workplace culture
• Professional development and training programs
• Competitive compensation and benefits packages
• Opportunities for advancement within the company

Concord Hospitality Career Development

The company invests in employee growth through comprehensive training, leadership development initiatives, and a strong commitment to maintaining its status as a Great Place to Work®.

Financial Performance and Market Position

Concord Hospitality reported record-breaking performance in 2022 with hotel and development revenues exceeding $1.6 billion. Their robust market presence and ongoing expansion highlight their strong position in the highly competitive hospitality industry.

Market Footprint

With locations spanning Miami, Atlanta, New York City, and other major cities, Concord Hospitality strategically serves diverse markets to maximize growth and brand visibility.

Competitive Edge

Recognized as a leader in both select-service and full-service lifestyle luxury hotels, Concord Hospitality's strong alliances with Marriott, Hilton, and Hyatt provide a competitive advantage over other hospitality companies.

Corporate Social Responsibility

Committed to environmental stewardship and community enhancement, Concord Hospitality integrates sustainability initiatives into their operations. Their efforts focus on fostering a sustainable future while positively impacting the communities where they operate.

Environmental Initiatives

• Implementing eco-friendly operational practices
• Reducing waste and energy consumption
• Supporting sustainable sourcing and development

Community Engagement

• Community outreach programs
• Supporting local economic development
• Employee volunteer initiatives

Concord Hospitality Locations and Contact Information

With a national footprint, Concord Hospitality serves many key cities, including a strong presence in Miami, FL.

Key Locations

• Miami, FL
• Atlanta, GA
• Norristown, PA
• West Palm Beach, FL
• West Valley City, UT
• Dayton, OH
• Charleston, SC
• Thornton, CO
• Jersey City, NJ
• Salt Lake City, UT
• Sacramento, CA
• Paterson, NJ
• Hackensack, NJ
• Pittsburgh, PA
• Orlando, FL
• New York City, NY
• Conshohocken, PA
• Houston, TX
• Raleigh, NC

Corporate Contact Information

Address:
11410 Common Oaks Dr
Raleigh, NC 27614
United States
Phone: 919.455.2900
Website: concordhotels.com

Franchise and Partnership Opportunities

Concord Hospitality partners with investors and hotel owners interested in expanding premium-branded properties, offering tailored development and management solutions backed by extensive industry expertise.

Competitive Analysis of Concord Hospitality

Concord Hospitality stands out in the hospitality industry due to its dual specialization in select-service and full-service lifestyle luxury hotels. Their close partnerships with top-tier hotel brands like Marriott, Hilton, and Hyatt reinforce their market leadership and enable competitive operational advantages.

Industry Position

With a proven track record of successful development and management across North America, Concord Hospitality effectively navigates market challenges and capitalizes on opportunities for growth.

Partnership Strengths

Their strong affiliations with leading hospitality brands contribute to enhanced brand recognition, operational resources, and customer loyalty.

Future Outlook for Concord Hospitality

Looking ahead, Concord Hospitality is poised for strategic growth with investments focused on expanding its footprint and reinforcing industry leadership.

Growth Strategy

• Expanding presence in key domestic and international markets
• Enhancing portfolio with new full-service and select-service properties
• Innovating through technology and sustainable development practices

Investment in Technology

Embracing emerging trends and markets, Concord Hospitality focuses on technological advancements and operational innovations to ensure sustained success and growth for decades to come.