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.
Kinseth Hospitality Companies (KHC) is a hotel management, development, and ownership company. KHC currently operates full-service and select-service hotels across the United States for many hospitality brands. The company offers an approachable, hands-on style of management in all facets of the hospitality business, from hotel development to daily hotel management services. KHC has assembled a team of hospitality professionals to support its property level managers as it maximizes hotel quality indexes, market share, and profitability. In addition, KHC provides services by upholding a commitment to hire, train, and develop its associates, take care of guests, and deliver financial success to its business owners, investors, and developers.
ATLANTA, Georgia—Officials of Five Star Group announced that Kimberly Rowell has been named executive vice president of Five Star Hospitality Management. Rowell joined the...
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced the conversion of the 226-room Le Pavillon Hotel in New Orleans, Louisiana, to a Tribute Portfolio property. Marriott's...
DENVER, Colorado—Sage Hospitality Group announced that it has welcomed Hotel Alpenrock Breckenridge, Curio Collection by Hilton to its hotel portfolio. Positioned by Peak 9’s...
