Our History.
A unique blueprint for continued success.
Driven by the ageless principles of hard work and authenticity, T2 has grown from a small family operation to one of the top real estate development and investment companies in America.
The family business, formally known as Tarsadia Hotels, parlayed their initial success into an impressive portfolio of hotels in Southern California. By the mid 1990’s Tarsadia Hotels was one of the most significant and respected hotel ownership entities in the Western United States.
Today, T2 is recognized as a major developer and investor of hospitality-related assets. Whether developing new projects, or acquiring and repositioning existing hotel assets, T2's agile teams have created immense value. T2’s portfolio has grown to include hotels, senior housing, office and retail properties located in key markets throughout the United States. T2 also has a venture investing arm focused on consumer products, services and experiences.
1976
76
Tarsadia purchased the Dunes Motel in Anaheim, California in 1976 along with 8 other motel properties in Southern California.
1985
At the age of 23, Mike develops his first ground up hotel development, the San Clemente Travelodge.
1990
The company shifts its strategic focus to developing in Anaheim and acquiring distressed properties and repositioning other assets, and celebrates a milestone of acquiring their first full-service hotel.
- Peacock Suites in Anaheim – New Build
- Crystal Inn and Suites Anaheim – New Build
- Richeleu Hotel in San Francisco
- Travelodge Mission Bay to Holiday Inn Mission Bay
- Fabulous Inn San Diego to Comfort Inn & Suites
- Radisson Hotel in San Diego – First Full-Service Hotel
90
1991-2010
The company acquires its first full-service, Marriott, Hyatt, and Wyndham hotels.
The company diversifies its portfolio class and grows into one of the largest privately-owned hotel ownership companies in the country.
- Repositioning of the Dunfy to San Mateo Marriott
- Wyndham Checkers to Hilton Checkers
- Givenchy
- L’auberge de Sedona
- Milliken Creek Inn
The company continued to acquire more select and full service hotels, ending with the first ground-up condo hotel project in Southern California, the HardRock Hotel in San Diego.
Moved into new offices in Newport Beach, California.
The company diversifies its portfolio class and grows into one of the largest privately-owned hotel ownership companies in the country.
- Repositioning of the Dunfy to San Mateo Marriott
- Wyndham Checkers to Hilton Checkers
- Givenchy
- L’auberge de Sedona
- Milliken Creek Inn
The company continued to acquire more select and full service hotels, ending with the first ground-up condo hotel project in Southern California, the HardRock Hotel in San Diego.
Moved into new offices in Newport Beach, California.
2011
The Tarsadia Alliance is formed out of the former Tarsadia Hotels with Evolution Hospitality, Tarsadia Investments, and T2 Hospitality emerging as independent companies.
T2 Hospitality quickly distinguishes itself as a premier hotel developer and astute investor in existing assets and exceptional land sites throughout California.
2013
13
Developed 145 key Courtyard Sunnyvale on the first of seven sites ultimately acquired in Silicon Valley. Exited the asset in 2016 at the highest per key sale price in the region.
2015
T2 acquired two development sites in San Diego, one site in Denver and seven unique hotel developments throughout key locations in Silicon Valley, establishing the company as the most significant hospitality company in both San Diego and Silicon Valley.
2015
T2 acquired two development sites in San Diego, one site in Denver and seven unique hotel developments throughout key locations in Silicon Valley, establishing the company as the most significant hospitality company in both San Diego and Silicon Valley.
15
2016
Developed the first dual-branded Hilton campus in the country. 160 Key Homewood Suites and 204 Key Hilton Garden Inn San Diego Bayside.
Developed a 294 key, Residence Inn in Anaheim, California. This property opens adjacent to T2’s Springhill Suites. These sister developments completed the Company’s long-term vision of redevelopment for the best street corner in the city.
16
2018
T2 materially enters the Senior Housing space with an acquisition of four existing facilities throughout California.
18
2019
19
T2 opens their first two AC Hotels in Silicon Valley.
- AC Sunnyvale Cupertino
- AC Santa Clara
TODAY
20
T2 is a dynamic
collection of companies, with hospitality at its core.
- 11 operating hotels and 5 under development
- 4 senior housing facilities and over 5 development sites for future development
- 1 office building under development
- Diverse portfolio of non-real estate venture capital investments
T2 is a dynamic collection of companies, with hospitality at its core.
- 11 operating hotels and 5 under development
- 4 senior housing facilities and over 5 development sites for future development
- 1 office building under development
- Diverse portfolio of non-real estate venture capital investments