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.
Crescent is an operator of upper-upscale and luxury hotels and resorts across the United States and Canada. Crescent is approved to operate under the brand families of Marriott, Hilton, and Hyatt. Crescent also operates a collection of independent and lifestyle hotels and resorts under Latitudes, Lifestyles by Crescent.
Securing financing for hotel development continues to remain challenging. Traditional lenders continue to scale back, and those still active are offering significantly lower loan-to-value...
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. has grown the performance of Country Inn & Suites by Radisson in the two years since its combination...
EATONTOWN, New Jersey—Officials of the 131-suite Homewood Suites by Hilton Eatontown announced the completion of a $5 million renovation, updating the guest experience with...