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Tarsadia Hotels |
620 Newport Center Drive
Fourteenth Floor
Newport Beach, CA 92660 |
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Company Description |
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| Tarsadia Hotels owns and operates full~service and all~suite hotels throughout California. Our properties are concentrated in the gateway cities of San Francisco, Los Angeles, Orange County and San Diego. We have recently branched out into Las Vegas and Denver. Tarsadia is a family~owned business with strong values, guiding principles and mission statement. |
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Company Statistics |
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| Year founded | 1976 |
| Number of employees | 1,200 |
| Computer software | Microsoft |
| Regional offices in | Newport Beach, California
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Property Portfolio |
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| Types of properties we operate |
Hotel, All Suite, Extended Stay, Spa, Free Standing Restaurant, Convention Center |
| Types of locations |
Airports, Resorts, Major Cities, Suburban |
| Franchise affiliations | Marriott, DoubleTree Club, Hilton, Holiday Inn, Residence Inn, Comfort, Hyatt, Crowne Plaza and several independent names.
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| Properties are located in |
California, Colorado, Nevada |
- We are owners and operators with equity in 12 properties.
- We operate a total of 16 properties.
- We manage properties for others, with management contracts on 4 properties.
- We are hotel developers currently working on many projects.
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Company Characteristics |
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| Capital Allocation | The company annually allocates capital dollars to all properties. |
| Accounting | Partially centralized. |
| Reporting Requirements | We provide properties a reasonable degree of autonomy while providing overall leadership and direction. (Less than 10 hours of reporting requirements per month.) |
- The company is very sound financially.
- We are adding additional properties to the portfolio every year.
- We have a strong track record of promoting people based on performance, results, and willingness to relocate.
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