To say that things have changed for the hotel industry since the last time LODGINGpublished 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.
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.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Signature Inn Berkeley, a 29-room, upper-economy property located in Berkeley, California. The hotel is near...
ATLANTA—Peachtree Group deployed $1.6 billion in credit transactions in 2024, marking a 54 percent increase from 2023. This growth shows Peachtree’s reach in private...
