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