Tharaldson Enterprises, Inc. · Fargo, ND United States
Company Description
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Don't expect breakfast in bed at Tharaldson Enterprises' hotels. The company operates more than 220 limited-service hotels in 30 states, under such brands as Fairfield Inn by Marriott , Country Inn & Suites by Carlson , EconoLodge by Choice Hotels , and Homewood Suites by Hilton . Tharaldson's properties feature 24-hour coffee service, cable television, free local phone calls, and other basic amenities. It also provides free rooms to customers visiting family members or friends hospitalized over the holidays. The company was founded in 1982 by Gary Tharaldson. The business is 100%-owned by its employees through an employee stock ownership program. To read the full description, subscribe now.
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Key Tharaldson Enterprises, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 5,500 |
Tharaldson Enterprises, Inc. Executives
9 executives listed for Tharaldson Enterprises, Inc.'s Fargo, ND location.
| Title | Name & Bio | Contact |
| President and Owner | Gary Tharaldson | Network |
| Controller | Annette Croves | Network |
| SVP Operations, Secretary and, Treasurer | Douglas Dobmeier | Network |
Competition
Competitive Landscape for Tharaldson Enterprises, Inc.
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Tharaldson Enterprises, Inc. Competitors
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