NEW YORK – Inc. revealed today that Main Street Hospitality has officially joined the 2023 Inc. 5000 rankings, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

Main Street Hospitality was founded in 2014 to honor the legacy of multiple generations of women in my family that have served the hotel industry. As our portfolio has quickly grown to nine storied and historic properties across the U.S. and Canada, we’re incredibly proud to be recognized in our inaugural year among such highly accomplished peers for outstanding performance in driving revenue growth and job creation. Sarah Eustis, Founder & CEO of Main Street Hospitality

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.

Running a business has only gotten harder since the end of the pandemic. To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future. Inc. editor-in-chief Scott Omelianuk

We are really proud of both the organic and strategic growth we have manifested, and the balance of Main Street’s portfolio to include diverse types of hospitality that foster meaningful connection and interactions. We look forward to continuing down this road for years to come, said Eustis.

Earlier this year, Main Street Hospitality announced several key appointments to its leadership team, both at home office and in the field with the promotion of Greta Kipp as the new Chief Operating Officer (COO), Brian Smith joining as Regional Director of Operations, and Suzi Darre as Vice President of Human Resources. The expanded leadership structure marks a new chapter for the hospitality brand, allowing for accelerated growth and strengthening operations while deepening the Main Street mission to “Preserve things that matter and build things that last.”

For more information about the Main Street Hospitality Group portfolio, please visit mainstreethospitalitygroup.com.

Methodology: Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always,Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.

About Inc.

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com/.

About Main Street Hospitality Group

Formed in 2014, Main Street Hospitality Group is a hotel management company founded originally at The Red Lion Inn in Stockbridge, Massachusetts, with a long tradition of excellence in preservation, innovation, sustainability, and operations. As owners and operators of some of the most distinctive hotels in New England, the company's mission is to enable meaningful connections for guests, employees, and owners through an authentic approach to hospitality, service, and management. Main Street's management hotel portfolio includes The Red Lion Inn, Maple Glen at the Red Lion Inn, The Porches Inn at MASS MoCA in North Adams, MA, The Briarcliff Motel in Great Barrington, MA, Hammetts Hotel in Newport, RI, Beatrice Hotel in Providence, RI, Canoe Place Inn in Hampton Bays, NY, Chebeague Island Inn, ME, and Port Cunnington Lodge, Dwight, ON. For more information, mainstreethospitalitygroup.com or call 413-298-1610.