M&RR history

M&R's dominant position in the industry enabled it to acquire competitors Elexon and Precision in 1995.

Amit Gandhi and Manish Patni are fully vested in all aspects of development and serve as principals of M&R Hotel Management, a company created in 2001 to serve as the operating arm of M&R Hotel Group.

Also in 2005, M&R Hotel Group purchased three limited-service hotels – an 87-room Best Western, a 128-room Holiday Inn Express and a 73-room Days Inn – adjacent to one another near John F. Kennedy International Airport off South Conduit Avenue in Jamaica, New York.

Total revenue has increased by an average of more than eight percent annually since 2007, and will continue to rise steadily during the next five years, according to IBISWorld research.>

M&R assumed management of the newly constructed 93-room Comfort Inn Staten Island and 95-room Holiday Inn Express Staten Island West in 2008.

In July 2010, Pierson quit the construction industry to focus entirely on M&R and the burgeoning food truck business. “Thank goodness the industry of mobile food was just coming on and becoming popular – and had a presence online,” he reflected.

By the end of 2011, the company’s concession business had grown so large that Pierson could fulfill his promise to Willis.

The newly formed M&R Specialty Trailers and Trucks launched in January 2012.

Only the sixth Hyatt hotel in New York City, it opened in 2013 and was sold later that year.

M&R Hotel Group constructed the 103-room Holiday Inn Staten Island on Wild Avenue, which opened in 2014.

M&R was contracted to manage the 60-room Holiday Inn Express Roslyn ─ Manhasset Area on Long Island beginning in 2016.

That property, along with the adjacent Comfort Inn Staten Island and Holiday Inn Express Staten Island West, were sold in 2017.