Grant Thornton Awards Concord Hospitality Two Statewide Accolades Julie Richter Named as CFO of the Year, Concord Named to the 2016 NC100

Concord Hospitality has been named to the 2016 Grant Thornton North Carolina 100® (NC100), which ranks the state’s largest private companies by revenue. Concord’s Julie Richter has been also recognized as the Chief Financial Officer of the Year by the same organization.

“We are proud to be recognized as one of the largest privately-held businesses in North Carolina and are pleased to see that Julie is being recognized for her great work,” said Mark Laport, co-founder, president and chief executive officer of Concord. “These awards reaffirm our prominence in the marketplace and our commitment to the community.”

One of the state’s biggest hotel operators, Concord owns or manages more than 90 hotels with a total of 13,000 rooms throughout North America and Canada. It has 4,000 employees and operates under brands including Marriott, Hyatt and Hilton, reporting annual revenue of approximately $500 million.

Julie Richter’s success can be attributed to a mix of accounting acumen and relationship-building skills that have impressed investors and lenders and helped finance an expanding pipeline of hotels. “It is great to figure out how to make a transaction work, which in our world means growth for our core business and job creation for a lot of people who are really passionate about making a difference in the lives of their guests,” she says.

Since 1984, the NC100 has ranked the state’s largest private companies by revenue in the most recent fiscal year, based on data provided by the participants.

To view the complete 2016 list, visit GrantThornton.com/NC100.

 About Concord Hospitality Enterprises Company
As an award-winning hotel development, ownership and management company, Concord Hospitality Enterprises Company has spent the last three decades partnering with owners and its investors on more than $1 billion in in premium branded properties across the United States and Canada. As an operator, both for third party owners and partners, Concord Hospitality instills value from the ground up, developing and managing with a sustainable viewpoint, a focus on quality and a hands-on involvement to ensure long-term profitability. Learn more at ConcordHotels.com.

 About Grant Thornton North Carolina 100®
Since 1984, the Grant Thornton North Carolina 100® has ranked the state’s largest private companies by revenue in the most recent fiscal year, based on data provided by the participants. The NC100 is a voluntary list restricted to companies based in North Carolina that do not have publicly traded stock. Companies owned by private equity are permitted. Nonprofits, financial-services companies, health care providers such as hospitals and subsidiaries of corporations are excluded. For more details, visit GrantThornton.com/NC100.

 About Grant Thornton LLP
Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms. In the United States, Grant Thornton has revenues of $1.65 billion and operates 60 offices with 575 partners and more than 8,000 employees. Grant Thornton works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations.

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