Company Profile

Concord Hospitality Enterprises Co. is a hotel developer and owner headquartered in Raleigh, North Carolina. The company has at least nine hotels in active development, totaling at least 1,362 rooms, and at least three more in delivery with at least 349 rooms. Midscale is the largest tier of the development pipeline by count, with at least four projects, followed by at least three Upper Upscale and two Upscale projects. Deliveries include at least two Midscale hotels and one Upper Midscale hotel. Among the projects tracked by Lodging Development are StudioRes Northlake in Northlake, Texas, a Midscale hotel under construction, and Tribute Portfolio | Element Jacksonville Baptist Medical Center, an Upper Upscale project in final planning.

Among the projects completed by Concord are at least 125 hotels with at least 21,883 rooms. Upscale hotels are the largest group by count at 80 or more, followed by 24 or more Upper Upscale properties, with smaller numbers of Upper Midscale, Economy and Midscale hotels. The company's current portfolio includes WoodSpring Suites Jacksonville Baymeadows, a 122-room Economy hotel that it developed and also manages. Concord additionally serves as a manager on select properties.

Activity spans more than 20 states and the District of Columbia, with primary markets that include Raleigh, North Carolina, and Pittsburgh, Pennsylvania.