Trust Hospitality Revenue and Competitors

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Miami, FL USA

Location

N/A

Total Funding

Hospitality

Industry

Estimated Revenue & Valuation

  • Trust Hospitality's estimated annual revenue is currently $22.1M per year.(i)
  • Trust Hospitality's estimated revenue per employee is $254,000

Employee Data

  • Trust Hospitality has 87 Employees.(i)
  • Trust Hospitality grew their employee count by -5% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$6.1M37-7%N/AN/A
#2
$10.2M622%N/AN/A
#3
$164.1M47328%N/AN/A
#4
$8.3M5119%N/AN/A
#5
$7.3M4529%N/AN/A
#6
$34M1345%N/AN/A
#7
$4.4M3124%N/AN/A
#8
$3.6M2532%N/AN/A
#9
$4.6M323%N/AN/A
#10
$9.1M56-7%N/AN/A

Trust Hospitality is a privately held company based in Coral Gables, Florida. It has been in business for over 30 years (originally Tecton Hospitality) and had its origin as a hotel work-out company for governmental agencies (e.g., FDIC, FSLIC) in the early 1980s. In the mid-1980s it became focused full time on hotel management and for approximately the next 15 years it managed full and limited service branded hotels, including brands from Marriott, Hilton, IHG, Starwood, Choice, and Best Western. In the early 2000s, Trust Hospitality shifted its management focus to independent lifestyle (aka boutique) hotels. This shift resulted primarily for three reasons: (1) the emergence of the internet and e-commerce; (2) its view that the management of branded hotels, especially in the select and limited service sectors, was becoming a commodity business; and (3) its proximity to over 150 unbranded hotels in the greater Miami area. Trust Hospitality currently has under contract over 25 independent, branded or soft branded lifestyle hotels Florida, NYC, St. Louis, the Caribbean, and Latin America (approximately 25 hotels in total). In addition to operating independent lifestyle hotels, Trust Hospitality is approved by Marriott, Starwood, IHG, Hilton, Hyatt, Preferred, Best Western, Choice Hotels to operate their soft brands (e.g., Autograph, Curio, Unbound) and other brands that they allow third parties to operate. Trust is currently operating or will operate several of these brands under a franchise. For more information visit our website: www.trusthospitality.com

keywords:Hospitality,Travel

N/A

Total Funding

87

Number of Employees

$22.1M

Revenue (est)

-5%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Trust Hospitality News

2022-04-20 - Hersha Hospitality Trust To Sell 7 Non-NYC Hotels For $505M

Law360 (April 28, 2022, 12:08 PM EDT) -- Hersha Hospitality Trust said Thursday it plans to sell seven of its "non-core" properties outside of New York City...

2022-04-20 - Hersha Hospitality Trust to Sell Seven Assets for $505M

HARRISBURG, PA – Hospitality REIT Hersha Hospitality Trust entered into an agreement to sell seven of its non-core, Urban Select Service...

2022-04-20 - Hersha Hospitality Trust (HT) Management on Q1 2022 Results - Earnings Call Transcript

Hersha Hospitality Trust (NYSE:HT) Q1 2022 Earnings Conference Call April 28, 2022 9:00 AM ET. Company Participants.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$12.5M8719%N/A
#2
$75M8817%N/A
#3
$28.9M89N/AN/A
#4
$25.8M900%N/A
#5
$7.5M9125%N/A