ST. LOUIS BUSINESS JOURNAL – ST. LOUIS, MO, June 10, 2016 – Company growth continues to build for MC Hotel Construction, a Maryland Heights-based general contracting firm that specializes in hotel construction and renovation, thanks to an upswing in the hospitality industry.
“We wanted to build a company that was an expert in the hotel industry,” J.T. Norville, managing member and CFO, said.
The hospitality industry generated $176 billion in lodging sales revenue in 2014, according to the latest figures available from the American Hotel & Lodging Association. That’s up from $163 billion in 2013. When business is good for hotels, it’s also good for MC Hotel Construction, which saw revenue balloon 1,526 percent from 2012 to 2014. In 2013, revenue stood at $1.04 million; in 2015 it was $17 million. The company is projecting $46 million in revenue for 2016. It also is planning to add five jobs in project management and supervision this year.
Founded by David Robert in 2010 as an affiliate of St. Louis-based hotel developer and operator Midas Hospitality, MC Hotel Construction has built or renovated hotels across the Midwest and South. It has done work for some big-name national brands, such as Marriott, Hilton, IHG and Legacy Suites.
That specialization, plus its connection with Midas, gives the firm an edge when it comes to securing contracts for hotels, Norville said. Since 2010, the company has built seven hotels and completed five renovations.
Currently, MC Hotel Construction has 10 ongoing projects in four states. Up next for the company is renovation of the Courtyard by Marriott in Clemson, South Carolina — which Midas Hospitality acquired for $16.5 million earlier this year — and exterior renovations of Hampton Inns in Plantation, Florida, and Gonzales, Louisiana.
Locally, the firm recently broke ground on a Hampton Inn by Hilton in Wentzville. The $12 million project, located in the Wentzville Bluffs development, will have 109 rooms and suites across 64,000 square feet. Projects range in cost from $5 million to $20 million and take up to 12-18 months to complete, Norville said.
Having a niche in construction doesn’t mean building is a cookie-cutter process, he said. Each hotel franchise is unique and has differing brand standards. Understanding each franchise’s requirements during construction can be a challenge, Norville said.
In addition to Norville and Robert, Jason Lind serves as director of operations.
Add any jobs in 2016? Five jobs in project management and supervision.
Leadership: David Robert, founder; J.T. Norville, managing member and CFO; Jason Lind, director of operations.