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TMI Hospitality's Overview

Total employees3000
HeadquartersFargo
Founded1982

TMI Hospitality was a prominent U.S.-based hotel development and management company, founded in 1982 and headquartered in Fargo, North Dakota. The company specialized in the development, acquisition, and management of select-service and extended-stay hotels, partnering with major brands like Marriott, Hilton, and IHG. At its peak, TMI managed a portfolio of nearly 200 properties across the United States. In 2017, TMI Hospitality was acquired by Hospitality Investors Trust, Inc. (which subsequently rebranded to HSI Hospitality), integrating TMI's assets and operations. While TMI Hospitality no longer operates as an independent entity, its legacy contributes to the foundation of HSI Hospitality's current portfolio.

Where is TMI Hospitality's Headquarters?

TMI Hospitality officeTMI Hospitality officeTMI Hospitality officeTMI Hospitality office
*Images sourced via web search. Rights belong to original owners

HQ Function

The Fargo headquarters was the central command for TMI Hospitality's nationwide hotel development, management, operations, finance, human resources, and strategic planning.

Notable Features:

Information regarding specific architectural highlights or unique facilities of the former Fargo headquarters is not widely publicized. It would have been a functional corporate office designed to support a large-scale hospitality management business.

Work Culture:

The work culture at TMI Hospitality likely emphasized operational excellence, strong brand partnerships, customer satisfaction, and employee growth, typical of a leading hotel management firm. A focus on performance and results in property management would have been central.

HQ Significance:

The headquarters was significant as the nerve center for a company managing nearly 200 hotels across the U.S., driving its growth, ensuring quality standards, and managing substantial investments in the hospitality sector.

Values Reflected in HQ: The headquarters would have aimed to reflect TMI Hospitality's core values, which likely included integrity, service excellence, teamwork, and a commitment to stakeholders including guests, employees, and investors.

Location:

Prior to its 2017 acquisition, TMI Hospitality's operations and property portfolio were concentrated exclusively within the United States. The company developed and managed hotels across numerous states, focusing on the domestic select-service and extended-stay market. There is no public record of TMI Hospitality having direct international operations or offices outside the U.S.

Street Address:

100 4th Ave N

City:

Fargo

State/Province:

ND

Country:

USA

TMI Hospitality's Global Presence

Various, USA

Address: N/A (Distributed across managed hotel properties and regional oversight structures)

To ensure consistent operational standards, drive regional performance, implement corporate strategies locally, and provide direct support to hotel general managers and staff within their designated geographic areas.

Buying Intent Signals for TMI Hospitality

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of TMI Hospitality

As of April 2025, TMI Hospitality' leadership includes:

Lauris Molbert - Chief Executive Officer (Former, TMI Hospitality)
Troy D. Klongerbo - Chief Financial Officer (Former, TMI Hospitality)
Joe Viglietta - Executive Vice President & Chief Investment Officer (Former, TMI Hospitality)
Tim Gonser - Chief Operating Officer (Former, TMI Hospitality)

Investors of TMI Hospitality

TMI Hospitality has been backed by several prominent investors over the years, including:

TMI Hospitality was a privately held company for most of its existence.
In 2017, it was acquired by Hospitality Investors Trust, Inc. (a public, non-traded REIT, now HSI Hospitality).

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

TMI Hospitality was acquired by Hospitality Investors Trust (now HSI Hospitality) in 2017 and has since been fully integrated. Consequently, there are no executive movements attributable to 'TMI Hospitality' as a standalone entity in the last 12 months. Any relevant leadership changes would occur within HSI Hospitality.

Technology (Tech Stack) used by TMI Hospitality

Discover the tools TMI Hospitality uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

TMI Hospitality Email Formats and Examples

Prior to its acquisition in 2017, TMI Hospitality likely used standard corporate email formats for its domain tmihospitality.com. While specific, verified historical data is not publicly available, common patterns for companies of its size and type include [first_initial][last]@[domain] or [first].[last]@[domain]. These formats would no longer be active.

Likely formats included [first_initial][last]@tmihospitality.com or [first].[last]@tmihospitality.com

Format

jdoe@tmihospitality.com or john.doe@tmihospitality.com

Example

0%

Success rate

News and media

Business WireMay 2, 2017

TMI Hospitality to be Acquired by Hospitality Investors Trust, Inc.

Hospitality Investors Trust, Inc. (HIT) announced it had entered into a definitive agreement to acquire TMI Hospitality, Inc., a major developer and operator of 186 select-service and extended-stay hotels. This strategic acquisition was set to significantly expand HIT's portfolio and operational scale in the U.S. hospitality market....more

Hotel News Resource (Archival)October 29, 2015

TMI Hospitality Opens New TownePlace Suites by Marriott in Billings, Montana

TMI Hospitality announced the opening of the 101-suite TownePlace Suites by Marriott located at 2651 Main Street in Billings, Montana. This new property highlighted TMI's ongoing strategy to develop and manage high-quality, branded hotels in growing markets, particularly in the extended-stay segment....more

Lodging Magazine (Archival)February 10, 2016

TMI Hospitality, Inc. Names Tim Gonser COO

TMI Hospitality, Inc. announced the promotion of Tim Gonser to the role of Chief Operating Officer. Gonser, who had been with TMI for over 15 years, was previously Executive Vice President of Operations. This move was part of strengthening the executive leadership to manage its growing portfolio....more

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