A Leader In Hospitality Management Where The Focus Is On Your Hotel

Our company is recognized for its ability to successfully improve a property's bottom line through stringent P&L controls and standards. While paying attention to each and every line-item thereby ensuring generous bottom-line flows, we keep our guests and the need to maintain the highest standards of service, cleanliness and ambience as the NUMBER 1 priority; realizing that without our mutual guests the other goals cannot be achieved. The ownership perspective of maximizing top-line revenue without sacrificing earnings is deeply entrenched in our corporate culture. T. R. Management will achieve this goal for your hospitality investment. We are a sales and marketing driven, performance-based, goal-oriented organization, where a passionate, competent and focused team is given the tools, guidance and techniques to make results happen. Based in Ormond Beach, Florida, we operate hotels across the United States, with an emphasis on the Southeast.

Tarang Patel

C.H.A. President

Tarang Patel has over 25 years of experience in the hospitality industry. In 2002, after a successful career with a hotel development and franchise organization, he founded T. R. Management Corporation to development, own and operate hotels throughout the Southeastern United States. As President/CEO of T. R. Management Corporation, Mr. Patel interacts daily with the our hotel investors and clients to insure the goals of each individual is met to their specification. In addition, he works closely with the T. R. team to carry out the company's bold principles of providing results oriented management, derived by treating our guests and associates with care, concern and respect. Tarang Patel earned his B.B.A. in Management Finance and Accounting in 1981. He holds an M.B.A. in Marketing Management from S. P. University in India.

Prior to founding T. R. Management Corporation, Mr Patel served as Vice President of Operations for Buckhead America Corporation where he participated in major strategic decisions and was responsible for properties with an asset value in excess of $50 Million. Since starting T. R. Management Corporation, Mr. Patel has been instrumental in the development of a major franchised extended stay hotel product and has developed & operated both extended stay hotels and traditional mid-scale and select service properties. Working in conjunction with private investors, institutional investors and REIT's Mr. Patel looks closely at the objectives the client has for their investment in a hotel and matches that goal to the specific hotel product that will yield the desired results. Since 2002, T. R. Management Corporation, has developed, acquired and managed properties with more than $100 million dollars in value.

Thomas W. Spencer

C.H.A.E., Controller

Thomas Spencer is Certified Hotel Accountant having more than 30 years of progressive hotel accounting experience. His primary professional experience is multi-property and full service hotel operations as director of hotel accounting/controller. Mr. Spencer has been the corporate controller for T. R. Management Corporation since the company inception in 2002.

Mr. Spencer earned a Bachelor of Arts Degree with a major in Accounting from the College of Business Administration at the University of South Florida in Tampa. Florida.

Prior to entering the hospitality industry, Mr. Spencer worked for the accounting firm of Arthur Young and company. He entered into the hospitality industry as Treasurer/Controller for Continental Country Club in Wildwood, Florida, along with their subsidiary, Timber Shores Resort, Northport MI.

After a proven track record, Mr. Spencer was hired as controller at Arnold Palmer's Bay Hill Club and Lodge in Orlando, Florida, a hotel/country club resort where he continued developing his experience in the hospitality industry. Here he gained invaluable experience handing the accounting functions and controls of the nationally televised and famous tournament, “The Hertz Bay Hill Classic”.

Thomas had the opportunity to become the Corporate Controller for two franchise Hilton properties in the Orlando area managed by F.M. Hamilton Investments, Hilton Inn Florida Center, Orlando, Florida; and Hilton Inn Gateway, Kissimmee, Florida. Here he continued to develop his skills as a controller in the fast track resort area surrounding Walt Disney World.

Thomas joined Hotel Management Group, Inc. as Chief Financial Officer and Controller for the Daytona Beach Marriott, and two other managed properties, Avenue Plaza L.L.C. New Orleans, LA. and Ocala Radisson, Ocala, FL.

Thomas joined Gateway Tours, Inc., a sister company of Splendid China next to Walt Disney World, Kissimmee, Florida and assisted in the takeover of Days in Maingate West.

Thomas became the controller eight locations owned and managed by Cypress Companies. In 2001 Thomas moved over to their premier property Sheraton Orlando North as there Controller.

Thomas is a member of the International Association of Hospitality Accountants, a professional organization promoting high standards of recognition for its members. On October 18th, 1988, Thomas received the designation of Certified Hospitality Accountant Executive, CHAE, for demonstrating knowledge and competency in hospitality financial management through passage of a comprehensive certified examination and prescribed standard of education and practice.

Mandy Paul

Regional V.P. of Sales & Marketing

Mandy L. Paul was born and raised in Biloxi, Mississippi after high school Mandy went into the F & B Industry for 10 plus years with her love and passion of the service industry and her interaction with people she decided on a career change and joined the Hospitality Industry.

Mandy started as a front desk clerk with our company in 2009 and with all her hard work and dedication she was promoted to sales. Mandy has an outgoing personality and is very much a people person that landed her success as the V.P. of Sales and Marketing.

Mandy works closely with property managers and sales teams to establish market appropriate and competitive rate strategies in order to maximize sales.

As V.P. of Sales and Marketing Mandy is actively engaged with several properties under TR Management Corporation asset managed portfolio. She attends monthly owner meetings, preparing weekly, monthly and quarterly performance reports and presentations. She specializes in corporate marketing, advertising and group sales.

Mandy holds General Manager certificates in multiple brands. She has gone through many renovations, rebranding’s and trainings. Mandy is currently going for her C.H.A. certification.

Mandy has been with TR Management Corporation for 14 years.

Steve Stolzer

C.H.A., Regional V.P. of Operations

Philip Stephen Stolzer was born and raised in Louisiana, Southern hospitality comes naturally. After high school Steve joined the United States Air Force and served for 5 years as a staff administrative specialist. 3 of those years in Germany. Receiving his Honorable discharge with the rank of Sargent in 1983.

Going to collage at Northeast Louisiana State University in Monroe, Louisiana for 2 years Steve took his first position with a full-service Holiday Inn as a night audit relief and 3 to 11 clerk as a part time job and journey led to General Manager of a full-service property.

His first General Manager position Steve moved to Extended Stay America. ESA was his first experience with extended stay business.  After mastering this new niche and several locations Steve was promoted to Area Operations Manager.
Renovations, Rebranding, Corporate trainings, Multiple Brand experiences, full control of P & L and vast experience in south east most markets were strengths along with focused and concentrated efforts are hallmark of Steve.

In 2018 Steve joined TR Management Corp. 

Stephanie Mundy

Task Force Manager

Stephanie J Mundy was born and raised in Aiken, South Carolina. She started working in retail while still attending high school. After graduating she maintained her retail job while also working in childcare.

In 2000 Stephanie made the change to Hospitality. She started as a Front Desk Clerk and after a year and a half she moved to Night Audit. Working as a Night Auditor she rediscovered her love of accounting and problem solving and was quickly able to fix any issues she ran into.

In 2020 Stephanie became the first Executive Auditor for our company. She oversees all the audits for our multiple properties, where she inspects the accounts for any discrepancies to ensure all data is accurate. Stephanie is also a part of our Task Force, she takes on the General Manager role as needed and is knowledgeable with Opera, SynXis, SynXis Property Hub, Micros, and G6. Stephanie has her General Manager certification for Wyndham and Choice, as well she is certified in CPO and ServSafe.

Stephanie has been with TR Management Corporation for 7 years.