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.
LAS VEGAS—El Cortez Hotel & Casino announced a $20 million property-wide expansion that will include the addition of a new high-limit lounge, two new...
Recently appointed Meyer Jabara Hotels (MJ) Chief Investment Officer Ian McAuley comes to this newly crafted position with 30 years of experience and relationships...
CHICAGO, Illinois—Hyatt Hotels Corporation updated the company's expected growth trajectory in Latin America and the Caribbean. Through 2027, Hyatt will expand its brand presence...