The U.S. economy as a whole has changed drastically since the beginning of March, when LODGING started putting together its annual Guide to Management Companies. COVID-19 has majorly disrupted the hotel industry, leading to closed properties and millions of unemployed hospitality workers. When the industry rebounds, hoteliers will be looking to adjust to a new normal, and partnering with the right management company could help some hoteliers find the quickest path to recovery.
A note from the editor: Most of the materials for this guide were collected prior to the U.S. COVID-19 crisis.
Founded in 1980, Benchmark provides development, management, marketing, and owner-advisory services for resorts, hotels, conference centers, and private clubs. The company also has two collections of independent hotels and resorts in destinations across the United States and the Caribbean: Benchmark Resorts & Hotels portfolio and the Gemstone Collection.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include:
Global RevPAR grew 1 percent in constant...
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...