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.
Naples Hotel Group is a Florida-based management and development company, serving hospitality companies including Marriott, Hilton, and IHG. NHG’s service-driven and family-owned perspective focus on building long-term relationships with people and organizations. NHG emphasizes the importance of its portfolio’s performance by being responsive and extending resources. NHG offers services in both construction and operations, assisting hotel owners throughout the management process.
Securing financing for hotel development continues to remain challenging. Traditional lenders continue to scale back, and those still active are offering significantly lower loan-to-value...
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. has grown the performance of Country Inn & Suites by Radisson in the two years since its combination...
EATONTOWN, New Jersey—Officials of the 131-suite Homewood Suites by Hilton Eatontown announced the completion of a $5 million renovation, updating the guest experience with...
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