RIDA History

Inspired by the past.
Investing in the
future.

RIDA is built on the foundation of more than half a century of history that forms the company today.

Rooted in both innovation and perseverance, RIDA traces its founding to David Mitzner’s incorporation of the company in 1975. Over the past 5 decades, RIDA has led transformative projects across the globe including the Hilton Orlando, Marriott Marquis Houston, Gaylord Rockies, and Gaylord Pacific.

Over the years,  RIDA has built upon this strong foundation to become a leader in its industry, a home for innovation and a trusted voice in development and investment.

1975

RIDA Development Corporation is founded.

In 1975, David Mitzner incorporates RIDA Development Corporation in Houston, Texas.

1990s-2000s

RIDA invests in Europe

RIDA leads significant reinvestment efforts in Poland, $4B+.

2000s

RIDA develops ChampionsGate, FL

RIDA develops ChampionsGate, FL (3,500-acres), anchored by an Omni Resort.

2009

RIDA opens the Hilton Orlando

RIDA develops the Hilton Orlando in Orlando, FL.

2016

RIDA opens the Marriott Marquis Houston

RIDA develops the Marriott Marquis Houston in downtown Houston, TX.

2018

RIDA opens Gaylord Rockies

RIDA delivers Gaylord Rockies in Aurora, CO. 

2024

RIDA acquires the Hyatt Regency Orlando

RIDA acquires the Hyatt Regency Orlando in Orlando, FL.

2025

RIDA to open Gaylord Pacific

RIDA to deliver the $1.3B Gaylord Pacific in Chula Vista, CA.

Today

RIDA is the largest active private owner & developer of big-box hotels.

Today RIDA is the largest active private owner & developer of big-box hotels. RIDA is actively advancing a diverse portfolio of projects across multiple property types, with several developments currently in planning or under construction through its regional offices.