Important information for hoteliers to know before choosing a management company
The U.S. hotel industry has made many strides since the beginning of the COVID-19 pandemic, and 2023 has been off to a strong start. At the beginning of the year, STR reported that revenues and profits reached highest-ever levels during 2022, and CBRE increased its hotel performance forecast to account for expected GDP growth during the coming year. But amid the positive travel industry news, the American Hotel & Lodging Association (AHLA) recently reported that 80 percent of hotels are experiencing staffing shortages and are looking for new ways to incentivize workers to join the industry’s ranks. To help meet the staffing challenge, capitalize on growth opportunities, and strategically position themselves against the competition, hoteliers often look to partner with management companies. This year, LODGING profiles over 50 management companies that can assist hoteliers in realizing their goals.
Editor’s note: The following list is in alphabetical order. All numbers are for the 2022 calendar year, United States only, unless otherwise stated.
Atrium Hospitality, headquartered in Alpharetta, Georgia, represents brands such as Hilton, Marriott, IHG, and Wyndham, among others. Atrium Hospitality’s six values of service, perseverance, inclusion, respect, innovation, and teamwork guide the Atrium SPIRIT for creating an environment for workers, encouraging associates’ growth, and being a responsible community partner. Atrium supports the American Hotel & Lodging Association’s Responsible Stay environmental initiative, which complements Atrium’s work toward preserving the planet’s natural resources.
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