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.
Whether it’s rising through the executive ranks within franchise companies or management firms, or entering the hotel ownership arena, women executives are “standing tall”...
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced two executive leadership roles to bolster AHLA’s executive team and help advance the industry’s priorities. Ralph...
ATLANTA—Hunter Hotel Advisors (HUNTER) announced the sale of the Homewood Suites by Hilton Augusta. Archer Capital Group purchased the property from an institutional seller...
