Multi-Unit Franchisee Magazine Issue II, 2014 | Page 48

REC ON NECT: M U LT I - B RA N D 50 BY KERRY PIPES Hospitality Sweet W Ted Torres expands his hotel empire hen we last spoke with Ted Torres (2009, Q1), the second-generation hotelier was operating a Hilton Garden Inn and had inked a development deal to open five Microtel Inn & Suites locations. Since then, his father—his mentor and partner—retired, and they sold their Hilton Garden Inn for a healthy profit. In January 2010, Torres formed a new company, Caerus Hospitality. Today he operates and owns (in partnership with Longhorn Lodging) four Microtel Inn & Suites by Wyndham in Central Texas (two in Austin and two San Antonio) and one Baymont Inn and Suites (also Wyndham) in Hobbs, New Mexico. His latest undertaking is a $55 million, 171-room TRYP by Wyndham boutique hotel soon to open its doors in the heart of downtown Austin. “The Wyndham family of brands have been a great fit for us, and this chance to be on the leading edge of the TRYP hotels here in America was an opportunity we couldn’t pass up,” says the 48-year-old. NAME: Ted Torres TITLE: President/CEO COMPANY: Caerus Hospitality NO. OF UNITS: 4 Microtel Inn & Suites by Wyndham, 1 Baymont Inn & Suites by Wyndham, 1 TRYP Hotel by Wyndham (in development) AGE: 48 FAMILY: Married 22 years to my beautiful wife Donna and we have one brilliant and beautiful 17-year-old daughter, Bianca. We also have two Yorkiepoo dogs, Elvis and Caesar YEARS IN FRANCHISING: 25-plus YEARS IN CURRENT POSITION: 5 46 MULTI-UNIT FRANCHISEE IS S UE II, 2014