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.
PM Hotel Group is one of the United States’ leading hotel management companies focused on delivering outstanding financial returns for hotel owners and curated experiential moments for guests. PM Hotel Group has more than two decades of experience building relationships with brands, partners, and owners. The company manages with a dedication to sustainability, a tradition of teamwork, and a commitment to respect, and is recognized as an innovative hospitality leader with a winning culture and a growing portfolio of branded and independent hotels that reflect the breadth and diversity of today’s hospitality industry.
ATLANTA, Georgia—Officials of Access Point Financial (APF) announced the company was involved in more than $2 billion in hotel financing in 2024, a record...
WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons during the holiday week, according to CoStar’s latest data through Dec. 28, 2024.
U.S. Hotel PerformanceDecember 22-28,...
