Fast 100 Post $2.7 Billion in Annual Revenue; Up to 350% Growth Rate
Boston, MA (May 5, 2015) – Northeast Suites, Boston’s largest corporate housing provider, has been named by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) as one of the “Fast 100 Asian American Businesses” – joining the country’s fastest-growing Asian American-owned companies, based on percentage revenue growth over the immediate past two years.
USPAACC’s Fast 100 posted collective annual revenue of $2.7 Billion, with companies recording up to 350% growth rate. The Fast 100 represent a wide array of industries, including Aerospace, Construction, Engineering, Food & Beverage, IT, Manufacturing, Solar Energy, Wholesales, etc. – and of Asian Indian, Bangladesh, Chinese, Filipino, Japanese, Korean, Pakistani, Thai, Taiwanese, Vietnamese heritage.
Company CEO, Patrick Flynn, will represent Northeast Suites and will join other CEOs, Founders, and Presidents who will come in full force from all over the country to be publicly recognized on June 3 at the Excellence Awards Reception & Gala Dinner, during the 30th Anniversary & CelebrAsian Procurement Conference, June 3 to 5, at the Bethesda North Marriott Hotel & Conference Center in Bethesda, Maryland.
“It is a tremendous honor to be recognized as a 2015 Fast 100 Asian American Business winner and we aim to continue our success in providing the highest quality corporate housing service to Asian business travelers coming to the Boston area,” said Northeast Suites CEO, Patrick Flynn.
Ernst & Young independently reviewed the financial information provided by the applicants and nominees.
CelebrAsian is the country’s oldest and largest B2B conference convened by Asian Americans to connect with large, medium and small enterprises.
“I applaud the impressive achievements of our Fast 100 Asian American Businesses who continue to post robust growth, demonstrate resilience, and buck the trend amid economic challenges in the global marketplace,” said Susan Au Allen, USPAACC National President & CEO. “The Pan Asian American community is proud of you; the country appreciates your contributions to the economic vitality of American life – with you, the wind is on our back, we could soar.”
Conference Chair is Rakesh Sachdev, President and CEO of Sigma-Aldrich – currently one of 11 Asian American CEOs in Fortune 1000 companies.
Corporate Co-Chairs are Comcast/NBCUniversal, Marriott International, PepsiCo and Wells Fargo. Asian American Business Co-Chairs are Ampcus, DCR WorkForce, and SevenTablets.
The Conference theme, “Gathering of the Eagles,” symbolizes the far-reaching vision and enduring qualities of Asian American business owners and their corporate and industry partners who believe the sky is the limit.
As of press time, in full force more than 700 conference participants will join CelebrAsian over the three days, representing Asian American-owned businesses, Fortune corporations, government agencies and media partners.
Founded in 1984 as a national non-profit, non-partisan organization, USPAACC has been the single, unified voice advocating equal opportunities for Asian Americans in the United States. We promote and propel economic growth by opening doors to business, educational and professional opportunities for Asian Americans and their business partners in corporate, government at federal, state, and local levels, and small, minority communities. USPAACC serves as the gateway to Asian American suppliers, information about Asian Americans and the dynamic Asia market. To learn more, visit www.uspaacc.com of www.celebrasianconference.com
About Northeast Suites
Northeast Suites provides luxury furnished housing nationwide with a focus in the Northeast, offering corporate, temporary housing in apartments, condominiums, and houses for clients ranging from Fortune 500 companies to individuals in need of a hotel alternative for their short-term stay. Northeast Suites currently has an occupancy rate of ninety nine percent since its launch in March 2012, and works with hundreds of different properties and national property management companies throughout the country. They have formed strategic alliances with HR professionals at corporations in the biotech and software industries, medical institutions, media conglomerates, professional sports teams and traveling nurse companies. For more information, please visit www.northeastsuites.com.