TRT Holdings

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TRT Holdings is a private holding company based in Dallas, Texas, [1] that owns hotel chain Omni Hotels & Resorts, Origins Behavioral Healthcare, and many investments in other companies. [2] [3] It was founded in 1989. [1]

Contents

Management

Robert Rowling co-founded the company, and as of 2010 served as owner, chief executive officer, and president. [4]

History

TRT Holdings was founded in 1989 by Texas oil entrepreneurs Reese Rowling and his son, Robert Rowling. They had made a fortune in the oil industry through Tana Exploration Company. [3] The company has made several acquisitions over the years, including the Omni Hotel chain in 1996, [5] Gold's Gym International in 2004, [6] and Cresta Construction in Irving, Texas.[ citation needed ]

During the 2010 election cycle, TRT Holdings donated $2.5 million from the company treasury to American Crossroads, a conservative political action committee. [7]

In August 2020, TRT Holdings sold Gold's Gym to German fitness company RSG Group for US$100 million. [8]

In 2021, TRT holdings donated $50,000 to Save Austin Now, a political action committee. [9]

References

  1. 1 2 "TRT Holdings, Inc." Bloomberg Businessweek. Retrieved on October 22, 2011. "420 Decker Drive Suite 100 Irving, TX 75062"
  2. ↑ PR Newswire, TRT Holdings press release, http://www.prnewswire.com/news-releases/trt-holdings-nominates-four-highly-qualified-and-experienced-directors-for-election-to-gaylord-entertainment-board-of-directors-61313627.html
  3. 1 2 Hoovers, TRT Holdings profile, accessed Oct 15 2010, http://www.hoovers.com/company/TRT_Holdings_Inc/cksski-1-1njdap.html
  4. ↑ BusinessWeek profile of Robert Rowling, accessed October 15, 2010
  5. ↑ Omni Hotels website, http://www.omnihotels.com/AboutOmniHotels/OmniHotels/History.aspx, accessed Oct 15 2010,
  6. ↑ Texas Business Journal, TRT Holdings is new owner of Golds Gym, June 15, 2004, http://www.bizjournals.com/dallas/stories/2004/06/14/daily20.html
  7. ↑ Condon, Stephanie (October 26, 2010). "Gold's Gym Faces Backlash After CEO Gives to GOP Group". CBS News . Archived from the original on 2022-01-23. Retrieved October 28, 2010.
  8. ↑ "RSG Group Set to Acquire Gold's Gym". 15 July 2020.
  9. ↑ https://services.austintexas.gov/edims/document.cfm?id=363567
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