Tag: management news
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...
Benchmark Pyramid to Operate the Cambria Hotel Pittsburgh—Downtown
PITTSBURGH—Benchmark Pyramid announced the company has taken over operations of the 142-room Cambria Hotel Pittsburgh – Downtown. In the seven months since the merger...