The history of NewcrestImage is a classic tale of big dreams, hard work, and a rise to prosperity through free enterprise. The company’s principals have owned and operated lodging properties since 1977, when they bought their first property, a 22-room roadside motel in Marlin, TX. Smart acquisitions and timely new builds spurred rapid growth for the principals in the late 1990s. Then in the early 2000s, the creation of two new and complementary divisions — development and management — ushered in a new era of growth, with the company opening over 50 newly constructed hotels in the decade that followed. Like any great story, the team at NewcrestImage has battled difficult odds, including weathering the global financial crisis that began in 2008. Within four years, through unity, nimbleness, and creativity, the principals had successfully navigated the worst of the recession and opened an intense pipeline of new projects. In early 2013, NewcrestImage was formed through the merger of the principals’ prior companies — Newcrest Management and Image Hospitality — by harnessing the unique synergy between development and management.
View Top Employees from NewcrestImageWebsite | http://www.newcrestimage.com |
Revenue | $139 million |
Funding | $31.6 million |
Employees | 113 (106 on RocketReach) |
Founded | 1979 |
Address | 1785 Hwy 26 Suite 400, Grapevine, Texas 76051, US |
Phone | (214) 774-4650 |
Technologies |
JavaScript,
HTML,
PHP
+43 more
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Industry | Hospitality, Real Estate, Development, Construction, Hotel Management, Private Equity |
Web Rank | 10 Million |
Keywords | Hotel Development, Hotel Management, Hospitality, Hotel Investment, Hotel Construction, Hotel Ownership |
Competitors | Pacific Hospitality Group, S&L Hospitality, Shaner Hotels, Stonebridge Companies, Urgo Hotels and Resorts |
SIC | SIC Code 651 Companies, SIC Code 65 Companies |
NAICS | NAICS Code 23 Companies, NAICS Code 2362 Companies, NAICS Code 236220 Companies, NAICS Code 236 Companies, NAICS Code 23622 Companies |
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The NewcrestImage annual revenue was $139 million in 2024.
106 people are employed at NewcrestImage.
NewcrestImage is based in Grapevine, Texas.
The NAICS codes for NewcrestImage are [23, 2362, 236220, 236, 23622].
The SIC codes for NewcrestImage are [651, 65].