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

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