TRT Holdings

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

Management

Robert Rowling co-founded the company, and today serves 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 Gym International in 2004,[6] and Cresta Construction in Irving, Texas.

In August 2020, TRT Holdings sold Gold's Gym to German fitness company RSG Group for US$100 million [7]

In 2021, TRT holdings donated $50,000 to Save Austin Now, a political action committee, http://www.austintexas.gov/edims/document.cfm?id=363567 In 2010, CEO Robert Rowling donated $1 million to American Crossroads, a 527 organization that primarily has supported Republican candidates in state and national elections.[8]

In 2018, Robert Rowling donated $500,000 to Texans ARE, a political action committee backing Senator Ted Cruz from Texas via their website doyouknowbeto.com.[9]

References

1. "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. 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. "RSG Group Set to Acquire Gold's Gym". 15 July 2020.
8. OpenSecrets, http://www.opensecrets.org/news/2010/09/american-crossroads-shadow-rnc.html
9. FEC records, accessed September 9, 2018, http://docquery.fec.gov/cgi-bin/fecimg/?C00654301

External links

• Official website
• Omni Hotels website