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.
Benchmark Pyramid was formed by the 2021 merger of two hotel and resort management companies, creating an owner-focused experiential company. The organization’s global portfolio spans more than 240 properties in the United States, Caribbean, and Europe. It maintains offices in Boston, Massachusetts; The Woodlands, Texas; Cincinnati, Ohio; and London, England.
BETHESDA, Maryland—DiamondRock Hospitality Company announced that on Feb. 19, 2025, it completed the sale of the 410-room Westin Washington, D.C. City Center for a...
WASHINGTON—Hotels’ efforts including higher pay and a broadening range of benefits have improved staffing levels over the past year, but nearly two-thirds (65 percent)...
DALLAS, Texas—CBRE forecasted that revenue per available room (RevPAR) will continue to grow in 2025, as urban locations continue to outperform due to improved...
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