Concord Hospitality Enterprises Company

Concord Hospitality Enterprises Company is a distinguished hotel management and development firm headquartered in Raleigh, North Carolina. Established in 1985 by President and CEO Mark Laport, the company has grown to manage over 150 properties across North America, encompassing more than 22,000 guest rooms.

Specializing in both full-service and upscale select-service hotels, Concord Hospitality partners with leading brands such as Marriott, Hilton, Hyatt, Choice Hotels, and InterContinental Hotels Group. Their portfolio includes a diverse range of properties, from luxury and boutique hotels to extended-stay accommodations, as well as independent restaurants and rooftop bar venues.

The company's success is attributed to its commitment to five core values: Quality, Integrity, Community, Profitability, and Fun. These principles guide their operations and foster a culture that has earned them recognition as a "Great Place to Work" and a top company for both women and millennials.

Concord Hospitality's dedication to sustainability is evident in their development of LEED-certified hotels, reflecting their commitment to environmental responsibility and community well-being.

In 2023, Concord Hospitality's revenues reached $981 million, with comparable hotels experiencing a 41.6% increase in revenue per available room (RevPAR) over the previous year. The company also expanded its portfolio by opening 12 new hotels and 10 branded restaurant and rooftop bar concepts, while retaining management of 18 hotels that changed ownership.

Locations

Concord Hospitality operates in various locations across the United States and Canada, including:

• West Valley City, UT
• East Orange, NJ
• Thornton, CO
• Norfolk, VA
• Pittsburgh, PA
• Gloucester City, NJ
• St. Louis, MO
• Hampton, VA
• Norristown, PA
• Durham, NC
• New Rochelle, NY
• Dayton, OH