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.
Courtyard Hanover-Lebanon | Lebanon, New Hampshire
For more than 35 years, Waterford Hotel Group has grown steadily while adhering strictly to industry fundamentals. With experience in managing every segment of the industry, the collective expertise of the Waterford team has earned the company approved operator status for the industry’s leading brands, including Marriott, Hilton, Hyatt, and Cambria. Waterford provides comprehensive hotel management services to owners, including in-house construction/pre-opening, capital planning, procurement, renovations, food and beverage, revenue management, and eCommerce expertise. Waterford strategically aligns experience and expertise with the owner and investor goals to maximize value and exceed expectations.
