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.
Sandpiper Hospitality manages 44 hotels, including 15 hotels for Sandpiper Lodging Trust and 16 hotels for unaffiliated third-party clients. Sandpiper Hospitality is dedicated to its team members and its owners, and it values its approach to finding solutions in an agile, accountable, and entrepreneurial manner. Sandpiper Hospitality focuses on short-term growth with long-term results. Primarily in the extended-stay segment, Sandpiper Hospitality provides elevation and flexibility for its owners.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. announced the relaunch of Radisson Individuals in the Americas region as an upper-upscale soft brand focused on full-service,...
CHICAGO—Hyatt Hotels Corporation announced growth in its select service pipeline, with an around 25 percent increase in the Americas over the past three years....
SAN DIEGO, California—Azul Hospitality Group announced that the Woodlark Hotel has officially joined its portfolio of hospitality assets. The Woodlark Hotel integrates two historic...
