TRT Holdings
Private holding company in Dallas, Texas, USA
From Wikipedia, the free encyclopedia
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]
| Type | Private |
|---|---|
| Industry | Hospitality; investment |
| Founded | 1989 |
| Founder | Robert B. Rowling |
| Headquarters | Irving, Texas, United States |
Key people | Robert B. Rowling (Chairman and CEO); Blake Rowling (President) |
| Products | Investments |
| Services | Hospitality; real estate; oil and gas investments |
| Subsidiaries | Omni Hotels & Resorts; Gold's Gym |
| Website | www |
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]
