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.
Headquartered in Dallas, Practice Hospitality is helmed by Founder and CEO Bashar Wali and a team with more than a century of collective experience. The company focuses on operating independent, soft-branded, and branded hotels. Founded in 2020, the company opened Hotel Colee, an Autograph Collection Hotel in Atlanta, the same year.
MYRTLE BEACH, South Carolina—Brittain Resorts & Hotels (BRH), in partnership with EOS Hospitality, invested over $58 million in renovations at three of its properties...
NEW YORK—Infor announced the release of its new revenue management solution (RMS) for the hospitality sector. The platform is designed to change how hotels...
CHICAGO, Illinois—Hyatt Hotels Corporation reported fourth quarter and full year 2024 results. Highlights include:
Comparable system-wide hotels RevPAR growth was 5 percent in the fourth...
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