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.
Launched in 2019, Sightline Hospitality is fortified by local connections and collaborations while meeting the needs of stakeholders. Through a merger between Kokua Hospitality and Filament Hospitality, Sightline aligns each company’s strengths to become a manager for a variety of properties including independent hotels and soft brands. Manging over $8 billion in hotel assets over the last 15 years, the company’s executive team delivers individual solutions.
WASHINGTON, DC—The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through Dec. 14. CoStar is a leading provider of online...
WICHITA, Kansas—WaterWalk announces the successful sale of its WaterWalk Phoenix North Happy Valley location to Ignite Hotels LLC. This transaction marks a significant milestone as...
NEWTON, Massachusetts—Sonesta International Hotels Corporation (Sonesta) today announced the opening of Sonesta ES Suites Goodyear, a 78-room extended-stay hotel, conveniently located just off I-10...
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