from San Diego Daily Transcript (Nov 24, 2013)
Hotel management, consulting and development firm R.A. Rauch & Associates announced Thursday it has quadrupled its number of properties under management and experienced a nearly five-fold increase in the number of managed rooms since the end of last year.
At the end of 2012, RAR had four properties under management with a total of 404 guestrooms representing $13.5 million in revenues. At present there are now 17 properties and 1,994 guestrooms under management with nearly $50 million in revenues.
After experiencing groundbreaking growth in 2013, the company expects to continue its upward trajectory in 2014.
RAR’s operations stretch from San Diego to Tampa to Edmonton, Alberta with a mix of boutique properties and well-known branded assets including…