Concord Hospitality partners with major global hotel groups including Marriott, Hyatt, Hilton and Choice. Today, the company boasts a portfolio of over 150 hotels in destinations across the United States and Canada.
RALEIGH, N.C. – Concord Hospitality received investments into its operating company from Whitman Peterson and The Aztec Group, two of Concord’s long-term real-estate partners. These stakeholders will continue to play integral roles in Concord’s ongoing success, further solidifying its solid foundation in the ever-evolving hospitality industry.
“Concord Hospitality has had the good fortune of partnering with both Whitman Peterson and The Aztec Group for many years. Over the course of our longstanding relationships, both partners have been instrumental in molding Concord’s strategic direction. It is with great excitement that we announce a continuation of these synchronized partnerships which have already contributed to our successful track record, and our continued growth as a renowned management company and leading developer,” said Mark Laport, CEO & President, Concord Hospitality.
Concord Hospitality is known for its expertise and excellence as an operator and developer, but it is the company’s commitment to the guest experience and operational excellence that its namesake is synonymous with. The deepened strategic alliance with both Whitman Peterson and The Aztec Group will only further enrich Concord’s capabilities and knowledge of the industry, opening the door to further opportunities for continued success.
Commenting on the investment, Whitman Peterson Co-Founder and Co-Managing Partner, Wes Whitman, said, “After many years of being strategic and programmatic partners on the real estate side, we are thrilled to further deepen our relationship with Concord through this operating-company investment. In addition to loving the people, who are so capable, so culturally compatible, and such great partners – we believe Concord is one of the most trusted, vertically integrated hospitality platforms in the industry and is well positioned for significant continued growth and success in the coming years.”
Ezra Katz, The Aztec Group partner, said “Our association with Concord has continually seen great success and as we embark on this new phase of our relationship, we look forward to leveraging our collective strengths to contribute to Concord’s continued success.”
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