Richfield Hospitality Ranks No. 2177 on the 2014 Inc. 500|5000 With Three-Year Sales Growth of 182%
Inc. magazine ranked Richfield Hospitality NO. 2177 on its annual Inc. 500|5000 list, an exclusive ranking of the nation’s fastest-growing private companies. This is the second year in a row Richfield Hospitality has made the list, with revenues growing from $4.4 million in 2010 to $12.6 million in 2013.
“It is an honor to make the Inc. 500ǀ500 list and be among some of the fastest-growing companies,” said Will Loughran, president of Richfield Hospitality. “Richfield has been undergoing many changes in the last year, but our focus is always been providing exceptional hotel operations; which has helped support our continued growth pattern.”
Richfield was also ranked 17 on the top 20 Travel & Hospitality Companies list. The company is poised to continue to grow within the industry, with a three year growth of 182%, while the travel and hospitality industry growth rate is averaging 82%.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000/list, Richfield’s company profile can be viewed at http://www.inc.com/profile/richfield-hospitality.
The 2014 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. The minimum revenue required for 2010 is $100,000; the minimum for 2013 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.