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.
RIDA Development Corporation is founded.
In 1975, David Mitzner incorporates RIDA Development Corporation in Houston, Texas.
RIDA invests in Europe
RIDA leads significant reinvestment efforts in Poland, $4B+.
RIDA develops ChampionsGate, FL
RIDA develops ChampionsGate, FL (3,500-acres), anchored by an Omni Resort.
RIDA opens the Marriott Marquis Houston
RIDA develops the Marriott Marquis Houston in downtown Houston, TX.
RIDA acquires the Hyatt Regency Orlando
RIDA acquires the Hyatt Regency Orlando in Orlando, FL.
RIDA to open Gaylord Pacific
RIDA to deliver the $1.3B Gaylord Pacific in Chula Vista, CA.
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.