Tag: management news
Colonial Williamsburg Resorts Added to Latitudes: Lifestyles by Crescent Portfolio
WILLIAMSBURG, Virginia—Crescent Hotels & Resorts announced the addition of Colonial Williamsburg Resorts to its Latitudes: Lifestyles by Crescent portfolio. Colonial Williamsburg is known for...
Event Coverage: TPG Hotels & Resorts Added Nearly 30 Third-Party Management Contracts in 2022
PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced they added nearly 30 new third-party management contracts in 2022.
"Owners are facing challenges today like never before...
Aimbridge Hospitality Grows Select Service Division With Three Extended-Stay Hotels
PLANO, Texas—Aimbridge Hospitality continued its portfolio expansion with the addition of three extended-stay properties to its Select Service division. Located near airports in Mississippi,...
Life House Announces Operation of Hotel Ella
AUSTIN, Texas—Life House has been tapped to operate Hotel Ella, a property with 46-keys located in Austin, Texas, adjacent to the University of Texas....
Fluctuating Fees: The Impact of the COVID-19 Industry Recession on Management Fees
Hotel management contracts typically include two primary components of compensation for the management company—a base fee and an incentive fee. The base management fee...