In the two years since the start of the global COVID-19 pandemic, the U.S. hotel industry has made significant progress toward recovery. U.S. hotels recaptured 83 percent of pre-pandemic RevPAR levels in 2021, and are expected to surpass the pre-pandemic comparable in 2023 on a nominal basis, according to STR and Tourism Economics’ latest forecast released earlier this year. Occupancy will likely exceed 2019 levels next year as well. Amid this resurgence in demand and revenues, hoteliers are looking to strategically position their assets and align themselves with the right partners to make the most of the opportunities ahead. This year, LODGING takes a look at more than 50 management companies that are working to help hotels recover and thrive in 2022 and beyond.
Editor’s note: The following list is in alphabetical order. All numbers are for the 2021 calendar year, U.S. only.
Greenwood Hospitality Group is engaged in the acquisition, repositioning, and management of upscale, full-service, and select-service hotels. Its executives have a combined more than 100 years of hospitality management, real estate investment, and capital market experience.
DALLAS, Texas—CBRE expects revenue per available room (RevPAR) growth to improve in the second half of 2024, following a weaker-than-expected first quarter. CBRE’s latest...
HUNTSVILLE, Alabama, and ALPHARETTA, Georgia—The Embassy Suites by Hilton Huntsville has completed a two-phase, multimillion-dollar renovation. A sky bridge connects the 295-key hotel to...
Wyndham Hotels & Resorts appointed Amit Sripathi as chief development officer reporting to the company’s president and CEO, Geoff Ballotti. Sripathi will lead Wyndham’s...
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