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.
Established in 1996, Vesta Hospitality is a hotel development and hospitality management company based in Vancouver, Washington. Offering services including hotel management, hotel development, and purchasing, Vesta Hospitality leverages its executive team’s experience and team members to drive operations. Vesta Hospitality’s portfolio includes branded, independent, and boutique hotels, as well as independent food and beverage operations.
PARIS, France—Accor shared an overview of its 2024 development activity and growth prospects for 2025. In 2024, Accor expanded its portfolio with the opening...
CHICAGO, Illinois—Allen Gross, chairman of GFI Hospitality, announced the transition of the former James NoMad Hotel to Hotel Seville NoMad, joining the Unbound Collection...
ABERDEEN, South Dakota—My Place Hotels of America has announced the opening of My Place Hotel-Savannah Airport/Pooler, Georgia, in Pooler, Georgia. The hotel is owned...
ATLANTA, Georgia—Hunter Hotel Advisors announced the sale of the Hilton Garden Inn Louisville East. HBS Investment Group purchased the property from an institutional seller...
Vinny Patel, CEO of real estate investment, development and management firm VMV Capital, has found success in the Southeastern U.S. hotel market by specializing...
WASHINGTON—As hotels continue to climb towards pre-pandemic staffing levels, they are also leveraging new tools and technologies to grow and retain their workforces and...
