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.
As a hotel investment and management company, Arbor Lodging’s portfolio of hotels spans across the United States. Arbor Lodging is an approved manager for the Hilton, Hyatt, IHG, and Marriott brands. With a culture focused on connecting guests with localized experiences, Arbor Lodging strives to be a data-driven, people-focus, and accountable company to its guests and clients alike.
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NEW YORK—Conrad New York Downtown announced the transformation of its 16th-floor rooftop space into Leonessa, an Italian-inspired cocktail bar created in partnership with Ariel...