TRT Development Company - CCB

TRT Holdings has interests in guest pampering, iron pumping, and oil prospecting. A diversified holding company for Texas billionaire Robert Rowling, TRT owns the luxury Omni Hotel chain. The company also  owns Gold's Gym International, a global franchiser of fitness centers. In addition, TRT is involved in oil and gas exploration through Tana Exploration Company. Rowling and his father, Reese Rowling, made a fortune in the oil business through Tana Oil & Gas. They formed TRT Holdings in 1989 when they sold most of their energy interests to Texaco (now part of Chevron).

Omni Hotels has expanded to include about 50 hotels and resorts since TRT Holdings' purchase of the firm. TRT bought Omni in 1996 from Hong Kong-based Wharf Holdings in a deal worth $500 million. Other TRT business interests include Waldo's Dollar Mart retail stores in Mexico and additional real estate holdings, as well as ownership stakes in various public companies.

TRT was also formerly the largest shareholder in Ryman Hospitality (previously called Gaylord Entertainment, owner of the Grand Ole Opry and the iconic Opryland Hotel in Nashville). However, TRT is divesting its interest in Ryman following that company's corporate restructuring; in 2012 the firm sold its Gaylord brand and hotel management business to Marriott.

The company's president is Jim Caldwell, who began his association with the Rowlings as the family's attorney. Reese Rowling died in 2001.

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TRT Development Company - CCB


4001 Maple Ave Ste 600
Dallas, TX 75219-3241
Phone: 1 (800) 809-6664
www.omnihotels.com

STATS


  • Employer Type: Unknown
  • Chief Financial Officer: Terry Philen
  • Pres: Bob Rowling

Major Office Locations

  • Dallas, TX

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