40+ Management Companies to Know in 2021

What hoteliers need to know before putting their 
properties in the hands of a professional manager

To say that things have changed for the hotel industry since the last time LODGING published a spotlight on management companies is a gross understatement. In April of last year, occupancies plummeted to previously unseen lows and the industry has been slow to rebound. There’s hope on the horizon, though. CBRE Hotels Research recently reported that it is forecasting an average national occupancy level of 43 percent during the first half of 2021, which then accelerates to 55.1 percent in the second half of the year. Now, hoteliers are tasked with leaving behind the survival mindset that they’ve had to embrace over the past year in favor of a recovery mindset. Switching gears after spending so long focused on survival might take some time, and hoteliers may be looking for assistance in moving their properties past the pandemic—that’s when a hotelier may choose to partner with a third-party manager.

Editor’s note: The following list is in alphabetical order.

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GF Hotels and Resorts

Courtyard by Marriott Orlando Lake Buena Vista at Vista Centre
Courtyard by Marriott Orlando Lake Buena Vista at Vista Centre

Through its operating affiliates, GF Hotels & Resorts is a full-service hospitality ownership, management, and advisory company founded in 1988 and based in Center City Philadelphia. With more than 130 hospitality assets under management, including hotels, resorts, conference centers, and golf courses, GF Hotels & Resorts specialize in third-party management, asset management, loan workout strategies, and advisory services for a variety of individual, private, institutional, and financial clients. Many of the company’s core hospitality assets within its portfolio are owned by its principals and provide the strength and balance of ownership and management.

Rooms Managed 20,680
Properties Managed 138
Third-Party Rooms 20,680
Third-Party Properties 138
Revenue $305,000,000
Contact Jeff Kolessar, KolessarJ@gfhotels.com
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