About Us

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 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.