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.


Greenwood Hospitality Group

Hotel Paso Del Norte
Hotel Paso Del Norte

Greenwood Hospitality is based in Denver, Colo., with offices in Connecticut, Pennsylvania, and Florida. Specializing in the acquisition, repositioning, and management of upscale and full-service hotels throughout the United States, Greenwood is a preferred management partner for various hotel brands including Hilton, Hyatt, IHG, and Marriott. Additionally, Greenwood’s portfolio encompasses several high-profile independent properties. Greenwood’s vision is to set new standards regarding property and asset management. Greenwood also maintains a keen focus on its relationships forged with its investors, its property level ambassadors, and its communities.

Rooms Managed 4,394
Properties Managed 24
Third-Party Rooms 4,394
Third-Party Properties 24
Revenue $86,000,000
Contact Tom Conran, tconran@greenwoodhospitality.com
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