Close Menu
  • OPERATIONS
  • TECHNOLOGY
  • OWNERSHIP
  • DESIGN
  • EXPERT INSIGHT
  • SURVEYS
  • REPORTS
  • CURRENT ISSUE
  • TEAM
  • ADVERTISE
  • EVENTS CALENDAR
LinkedIn X (Twitter) Vimeo RSS
  • Surveys
  • Reports
  • Current Issue
  • Team
  • Advertise
LinkedIn X (Twitter) Pinterest Vimeo RSS
Hotel Business Archive
  • OPERATIONS
  • TECHNOLOGY
  • OWNERSHIP
  • DESIGN
  • EXPERT INSIGHT
  • VIDEOS
Hotel Business Archive
Home » RAR Hospitality Unveils Q1 Earnings
Ownership

RAR Hospitality Unveils Q1 Earnings

By Hotel BusinessApril 21, 20171 Min Read
Share LinkedIn Twitter Facebook Pinterest Email

SAN DIEGO—RAR Hospitality concluded Q1 with more than 900 employees, 24 properties and $100 million in revenue, according to the company. It also recorded 33% growth in properties and employees from the same quarter last year.

The company added one new addition to its management portfolio in the first quarter, with plans to acquire several more during the coming year. RAR will also open Fairfield Inn & Suites San Diego North/San Marcos during Q2. The growth has led to employee growth as well as several promotions within the company.

“We are proud of the company’s Q1 results and we attribute our success to smart growth and service,” said Robert Rauch, founder and CEO of the hotel management company. “The RAR brand will continue to accelerate its presence in the West Coast and we plan to expand our footprint in additional regions.”

Bob Rauch Fairfield Inn & Suites San Diego North/San Marcos Management Companies Quarterly Results RAR Hospitality San Diego
Share. LinkedIn Twitter Facebook Pinterest Email
Previous ArticleBrexit to take a toll on hospitality’s labor supply
Next Article RLJ Lodging Trust and FelCor Lodging Trust to Merge

Related Posts

Pebblebrook resorts in Q2 outperform same period in 2019

July 30, 2021

Wyndham reports net income of $68 million in Q2

July 29, 2021

Marriott reports 46.3% Q1 RevPAR drop, demand increase

May 10, 2021

Comments are closed.

Search Archive
© 2001-2023, hotelbusiness.com. Cannot be reprinted without permission of hotelbusiness.com. Privacy Policy | Terms Of Service

Type above and press Enter to search. Press Esc to cancel.