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.
HVMG is an employer, operator, and trusted partner for a diverse portfolio of properties. With a commitment to results that leads to execution with integrity, HVMG offers a fully integrated platform of hotel solutions. Its operations are reliant on a hands-on approach that promotes flexibility, innovation, and responsiveness. HVMG acts as a third-party manager, joint-venture partner, and advisor, and the company solves complex challenges with strategies that focus on maximizing value. HVMG’s performance management systems ensure that all strategies, actions, and metrics are aligned to deliver improved results and returns on investments.
Marriott International, Inc., announced the launch of the Marriott Media Network, an omnichannel cross-platform advertising solution for brand advertisers, enabling content experiences and offerings...