In fact, many owners avoid franchises because of the fees and the red tape. Origin, Raleigh, N.C. Charlestowne Hotels is a leading full-service hospitality management company known for a dynamic management style that is client-focused rather than process driven. How closely does the management company supervise its employees? Its proprietary processes depend on real-time, cloud-based business intelligence systems. #3 Sonder. This Chattanooga-based Vision Hospitality Group, Inc. is a leading hotel management and development company that was formed by President and CEO Mitch Patel in 1997. Elsewhere in the hotels, restaurants and leisure sector,major changes brought by the pandemic are also the driving force behind three new arrivals on this years Global 2000. If you are an admin, please authenticate by logging in again. 411. Karisma Hotels & Resorts is an award-winning luxury hotel collection that owns and manages an impressive portfolio of properties in Latin America and the Caribbean. 10 Best Types of Vacuum Cleaners for Hotel for 2023, 8 Best Types of ADA Doorbell for Hotel in 2023, 10 Best Types of Furniture for Hotel Lobby in 2023, 10 Best Books for Hotel Management in 2023, 7 Best Types of Generator for Hotels in 2023, 9 Best Types of Travel Lock for Hotel Doors in 2023, 8 Best Romantic Decoration ideas for Hotel Rooms in 2023, How to Prepare an Effective Housekeeping Manual for a Hotel, Ocean Properties Hotels Resorts & Affiliates, ensure hotel staffs are sufficiently trained, innovative approaches to maximizing the performance. What hoteliers need to know before putting their properties in the hands of a professional manager. If YES, here are 50 best hotel management companies in the United States and the list of hotels each one is managing. This is a privately-owned hotel development, construction, and management firm based out of Dallas. They operate major brands such as Marriott, Hilton, Starwood and IHG along with award-winning independent hotels and resorts that are part of the signature Opal Collection, restaurants, golf courses, spas, marinas, and more. Show publisher information Does the management company feel like a good fit? Midas Hospitalitys headquarters are located at 1804 Borman Circle Dr. in Maryland Heights, Mo. Of course, if you want a completely passive role, the company will probably be happy to accommodate. Marriott, Hilton, IHG, and independent properties in urban markets and vacation destinations across the US. Clearly, the longer term management contracts with branded hotels stems from the high success rate these hotels experience. 3 0 obj SLS Hotel & Residences, Delano, Mondrian, Redbury, Hyde Hotel & Residences, Clift, Hudson, Morgans, Royalton, Sanderson and St Martins Lane. This is one of the biggest hotel management company in the US and the largest hotel management company in New York City. This website is using a security service to protect itself from online attacks. Through exclusive partnerships with cultural visionaries, SBE is devoted to creating extraordinary experiences throughout its proprietary brands with a commitment to authenticity, sophistication, mastery and innovation. Would refer them to all our business associates. Although this might be a subjective criterion, dont ignore it. Inevitably, there are many differences between managing an exclusive island resort and an economy motel just off the highway. The ranking and the market cap . NMHC | 2021 Top Manager List 2021 Rankings NMHC 50 Largest Apartment Managers Download data sheet of list NMHC Partners with Kingsley (a Grace Hill Company) to administer the NMHC 50 Survey. This time last year, Pollyannas were crowing about the end of the pandemic, only to see the delta and omicron variants bring even bigger surges in the second half of last year and through the holiday season. The company operates primarily Hilton and InterContinental Hotels Group brand properties. Professional, fast response time and definitely gets the job done. Carnival fell from the top 500 last year toNo. Virtually all hotel management companies must deal with multiple lawsuits. INDHOTEL.NS. Moreover, it operates the Jinmao Hotel Lijiang in China, Hotel Martinez in Cannes, the Uruguays Carmelo Resort, and more. Denihan is a privately-held, full service hotel management and development company. Currently, it offers third-party management for flagged and non-flagged properties. I write about buyouts, mergers, acquisitions and other dealmaking. (August 31, 2021). Hyatt brands in 65 countries worldwide, including boutique hotels in the Unbound Collection and Destination Hotels portfolios. However, do not confuse hotel management companies with franchises. Aimbridge suffered data breaches in 2018 resulting from successful email phishing attacks. Starwood Hotels & Resorts Worldwide, Inc. Starwood Hotels & Resorts Worldwide, Inc is a hospitality company headquartered in the Stamford, CT area that employs 5001 to 10000 people. <> This is a BETA experience. Kinseth Hospitality is a leading hotel management, development and ownership company. 201 on this years list, the highest spot of any company in the hotels, restaurants and leisure sector. Two prime examples are McDonalds, the worlds largest fast-food chain, and Starbucks, which are the only restaurant companies in the top 500, at no. The privately held hospitality company currently operates and/or has in development 38 properties with approximately 6,500 rooms inviting guests to Escape Ordinary with authentic Signature Experiences and the Outrigger DISCOVERY loyalty program. She went on to describe2020 as by far the most challenging year in our companys history.. Interstate Hotels & Resorts comes in second among top hotel management companies and top resort management companies. I write about travel trends and news you can use. Aimbridge Hospitality is the leader among the third-party top hotel management companies. By Hotel Business on. This time last year, cruising was still on hold after an abrupt halt to sailings in early 2020 due to the pandemic. They provide a full range of management services. #1 Upperkey. Hilton, Marriott and InterContinental brands. Hyatt is based in Chicago, IL, and their managed portfolio includes Hyatt brands in 65 countries worldwide, including boutique hotels in the Unbound Collection and Destination Hotels portfolios. Assets America was responsible for arranging financing for two of my multi million dollar commercial projects. Marriott reported first-quarter net income of $377 million, on par with the $375 million reported in the first quarter of 2019 and a huge improvement on the reported net loss of $11 million in the first quarter of 2021. Based in Plano, Texas, Aimbridge Hospitality is a multinational hospitality company offering hotel management services for franchised, branded, full-service, select-service, resorts, convention centers, and lifestyle properties. Marriott fell more than 400 spots in the new Global 2000 list, down to No. Hilton, Hyatt, Kimpton, Marriott, and Margaritaville etc. Make sure you research this carefully before making a selection. To say that things have changed for the hotel industry since the last time LODGING published a spotlight on management companies is a gross understatement. It offers a broad range of technology solutions including, data-driven business intelligence, mobile, distribution and Software-as-a-Service solutions which are used by travel suppliers (airlines, hotels, car rental outlets, railways, cruise lines and tour operators) and . For over 35 years, InterMountain Managements dedication to success is proven in the results as a hotel owner, management company and hotel developer. While some management companies work with a full spectrum of hotels, Island Hospitality Managements portfolio of 177 hotels and 22,811 rooms include mostly select-service brands, such as Residence Inn and Homewood Suites. Modus properties include Pod DC, Avenue Suites, The River Inn, One Washington Circle Hotel, (all in D.C.), The Windsor Suites Philadelphia, Brookshire Suites Baltimore and Virginian Suites in Arlington, VA. }d/ *jqkS3;0U#|?JE805LkjCu"{2v Hotel management companies are experts at hotel operations so they can more or less run daily operations more adequately than private owner/managers especially if the owner has little hotel industry experience. Davidson Hospitality Group is an award-winning, full-service hospitality management company comprised of 61 existing hotels and resorts; more than 150 restaurants, bars and lounges; and nearly 1.5 million square feet of meeting space across the United States. It is one of the Largest Hotel Management companies in the world. The companys portfolio includes over 48 hotels and more than 9,584 rooms in top business travel, convention markets, and resort destinations located across the U.S., as well as Costa Rica with 1,299 rooms under construction. Following the acquisition of Morgans Hotel Group, the pioneer of boutique lifestyle hotels, SBE has an unparalleled global portfolio featuring 23 world-class lifestyle hotel properties in 9 attractive gateway markets and more than 136 global world- renowned hotel, entertainment and food & beverage outlets. In 2016, Interstate paid $1.4 million to settle a lawsuit. Capital expenses include. endobj The suit alleged that Interstate prevented 1,450 employees from getting their required meal and rest breaks. IHG is a British company headquartered in England. For example, it offers third-party hotel management services through its Unbound Collection. Use Ask Statista Research Service, Monthly hotel occupancy rates worldwide 2020-2022, by region, Sales of biggest global hotel and resort companies 2021, Leading hotel companies worldwide 2021, by number of guestrooms, Global hotel and resort industry market size worldwide 2013-2023. Then you can access your favorite statistics via the star in the header. In addition to the companys established, iconic Benchmark Resorts & Hotels portfolio, the newly-branded Gemstone Collection is a distinctive luxury portfolio of independent hotels & resorts in highly select and preferred destinations. 2 0 obj Setting the pace for more than three decadessince Stephen L. Schwartz started the business in 1985, the company operates distinct lifestyle properties across 19 brands throughout the U.S., totalling more than 7,000 rooms. Compliance with laws, regulations, customs, and if appropriate, brand standards. PHG manages, develops, finances, and owns hotel assets in California including Bacara Resort & Spa in Santa Barbara, Balboa Bay Resort, Balboa Bay Club, Newport Beach Country Club, Estancia La Jolla Hotel & Spa, and The Meritage Resort and Spa in Napa Valley. Digital sales including mobile app, delivery and kiosk sales have jumped a whopping 60% compared to just a year ago. Pleasure to work with and extremely knowledgeable, Assets America guided us every step of the way, The company is very capable, I would recommend Assets America, Assets America was incredibly helpful and professional, Assets America is a great company to work with, We were very pleased with Assets Americas expertise, Assets America helped us survive a very difficult time, Highly recommend them for any type of commercial financing, [contact-form-7 id="8901" title="Multistep Questions"], the high success rate these hotels experience, Hotel Business Planning 10 Keys to Surefire Success, How to Own a Hotel 12 Tips for Explosive Success, Life of a Hotel Owner: Responsibilities, Benefits & More, Hotel Owners Salary Everything You Need to Know, Commercial Equipment Leasing Guide + Financing from $10 Million, Industrial Equipment Financing Guide + Leasing from $10 Million, Heavy Construction Equipment Financing Leasing from $10 Million, Opportunity Zones Ultimate Investors Guide (2020), Aircraft Appraisal The Ultimate Guide (Cost, Companies, Advice), 5 Best Apartment REITs + Comprehensive Reviews (2020), Multifamily Investing 50 Expert Tips, Tricks and Hacks, How To Find Multifamily Properties Ultimate Guide 2020, Multifamily Industry 2020 Market Report (Trends, Outlook, News), FHA Multifamily Step-By-Step Financing Guide. So,itshould comeaslittle surprise thatmost of the biggest namesin the hotel and cruise ship sectors plummeted hundreds of places inForbesannual ranking of the worlds largest public companies. Aimbridge merged with the former second-largest hotel management company, Interstate Hotels & Resorts, in 2019. TOP THIRD-PARTY MANAGEMENT COMPANIES 34 SPECIAL REPORT April 2020 | HOTELMANAGEMENT.NET 2020 HOTEL MANAGEMENT SURVEY TOP THIRD-PARTY MANAGEMENT COMPANIES HOTELMANAGEMENT.NET | April 2020 SPECIAL REPORT 35 % Established in 1980, as Lane Hospitality, they quickly gained prominence as outstanding owners and operators of quality hospitality real estate assets. To use individual functions (e.g., mark statistics as favourites, set The company specializes in focused, hands-on management of hotels for institutional clients and owners to stabilize property management, and improve cash flow and develop sell/hold strategies. On October 8th 2018, Hyatt Hotels Corporation announced an agreement to acquire Two Roads Hospitality. They build, renovate and manage properties across the country for Marriott, Hilton, Hyatt and other iconic hospitality brands. Butthats looking like a bump in the road: McDonalds sales in the first quarter of 2021 surpassed figures from the first quarter of 2019. Currently, Coury Hospitality operates a total of six, AAA four-diamond properties: Ambassador Kansas City, Ambassador Oklahoma City, Ambassador Tulsa, Ambassador Wichita, the Colcord Oklahoma City and Vast Restaurant. With significant expertise in operations, asset management and profitability, HP has earned preferred hotel management company status with name brand hotel chains and currently ranks as the 35th largest hotel management company in the United States. Coury Hospitality also successfully operates Elliot Park Hotel (Minneapolis) and Hotel Metro (Milwaukee). A non-brand property might contract for a 3-year to 10-year term. Check whether the company performs all the services you require. Looking forward, McDonalds is doubling down on off-site dining. You can email the site owner to let them know you were blocked. Marriott fell more than 400 spots in the new Global 2000 list, down toNo. Assets America also handled the commercial loan for us. See which companies made the list. Ronny was very friendly and though we were unable to make something happen at the moment he gave me some direction to go. Aimbridge Hospitality picked up Prism Hotels & Resorts in December, and TPG acquired Marshall Hotels & Resorts in late 2021 as well. Howbeit, depending on the type of hotel, the services the management company offers, and the owners goals, the management company fee structure might vary greatly from property to property. Leading hotel and resort companies worldwide in 2021, by sales (in billion U.S. dollars) Premium Statistic Most positively viewed hotel brands in the U.S. Q2 2022 Founded in 1973, LBA Hospitality is one of the leading hotel management, development and consulting companies in the US. Also, many are the top resort management companies.`. Ronny at Assets America has been invaluable to us and definitely is tops in his field. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. At the close of the first quarter of 2022, 75% of Carnivals fleet was back in operation, with occupancy at 54% across the ships in service, according to the cruise lines most recent earnings call. Currently, Janko Hospitality manages hotels in Illinois, Wisconsin and Iowa. 20. Since that time we have expanded to managing over 5,400 hotel rooms and more than 300,000 square feet of commercial and retail space. In 2014, IHG agreed to end its price-fixing practices. This year's World's Best Awards survey was open for voting January 11 through May 10, 2021, as destinations around the world were lifting COVID-19 restrictions. Copyright 2023 Profitable Venture Magazine Ltd | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Founded in 2002 by Founder and CEO Sam Nazarian, SBE is a privately-held, leading lifestyle hospitality company that develops, manages and operates award-winning hotels, residences, restaurants and nightclubs. With an extensive portfolio of hotels located in the Southeast and Southwest, the Company is a recognized leader developing and operating the most respected brands under franchise licenses of Marriott International, Hilton Worldwide and InterContinental Hotel Group. Third-Party Hotel Management Companies Facing Higher Guest Expectations as Room Rates Increase, J.D. Recommend them to everyone. Its followed by InterContinental Hotels Group, Choice Hotels, Hilton Hotels & Resorts, and Wyndham Hotels and Resorts. published a spotlight on management companies, hihotels Signed and Activated Four Properties in Q1 2021, Baird/STR Stock Index Dipped 0.2 Percent in March 2021, 50+ Hotel Management Companies to Know in 2023, Aimbridge Hospitality Acquires Terrapin Hospitality Management Portfolio, Aimbridge Adds Nine Neema Hospitality Hotels to Its Managed Portfolio, Event Coverage: Aimbridge Hospitality Report Recaps 2022 and Shows Future Growth, Arbor Lodging Announces New Vertical: ARLO Residential, Aimbridge Hospitality Grows Select Service Division With Three Extended-Stay Hotels, Lodging Econometrics: Top 25 U.S. Markets Grow in the Hotel Construction Pipeline. Totally amazing. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information In the Q1 2023 U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), LE analysts report, that as a group, year-over-year the hotel MCLEAN, VirginiaHilton Worldwide Holdings Inc. reported its first quarter 2023 financial results. Last October, the company entered a strategic partnership with IBM to develop AI technology to automate drive-thru lanes. Aimbridge's portfolioincluding its pipelinerepresents 70 brands under management. My business partner and I were looking to purchase a retail shopping center in southern California. Another Texas-based management company, Remington operates primarily Hilton and Marriott properties, all located in the US, with their headquarters in Dallas. We end an eventful 2020 on a high note, Evolution CEO Martin Carlesund said when the company released its year-end financial update, striking a very different note than Linnartz of Marriott. Great experience. More importantly, it was one of six hotel companies sued in 2018 for antitrust activity. With over 20 years of proven success in management, Columbia has also consulted on over 200 hospitality projects worldwide, delivering a high level of customized service to partners and investors. Flutter is an Irish company formed in 2016 through the merger of Paddy Power and Betfair. Performance & security by Cloudflare. 2. 1128.HK. Power; West Coast; 714-621-6224;. Marriott, Hilton, Hyatt and other iconic hospitality brands. Third-party management executives and hotel owners said at a . It earns more than $3 billion in annual revenue and is a preferred status operator for all leading brands. Had a lender in place in 30 minutes looking to do the deal. We were very pleased with Assets Americas expertise and prompt response to our inquiry. Established in 1999, Paramount has a proven track record of success and a highly personalized approach to hotel management. Companies in this survey are ranked by the number of guestrooms open in their Americas portfolio. $5.88 B: $68.22: 2.13%: USA: 20: Wynn Macau. Operational expenses include orders to vendors and suppliers. Modus Hotels is a Washington, D.C. Lifestyle Hotel Group that develops, owns and operates a portfolio of hotels and restaurants in various cities. Published by Statista Research Department , Feb 27, 2023. 3. The action you just performed triggered the security solution. In April of last year, occupancies plummeted to previously unseen lows and the industry has been slow to rebound. Carnival, for instance, reported that its booking volumes in the first quarter of 2021 were 90% higher than in the final quarter of 2020. The company expects to start turning a profit in the third quarter of 2022 but forecasts a net loss for the full year. The largest hotel company in the world, Marriott, rose to no. Aimbridges lifestyle divisionEvolution Hospitalityis based in San Clemente, Calif. Charterhouse/Hotel Sonesta/Royal Sonesta Hotel Boston opens. Becoming Jamsan. Additionally, in this article, well explore what a hotel management entity does and how to pick one thats right for you. The largest hotel company in the world, Marriott, rose to no. Company Description: Founded in 1960, Sabre is a technology solutions provider to the global travel and tourism industry. Now, hoteliers are tasked with leaving behind the survival mindset that theyve had to embrace over the past year in favor of a recovery mindset. Atrium Hospitality is ranked one of the nations largest hotel owners and operators. For over 35 years, Spire Hospitality has built an impeccable, industry-wide reputation for its operational excellence and unwavering ability to improve asset performance. Also, well introduce you to the five top hotel management companies. (Photo by Beata Zawrzel/NurPhoto via Getty Images). Editors note: The following list is in alphabetical order. The biggest hotel franchiser is Marriott International. Your best course of action is to consult with your direct competitors. It distinguishes itself with superior operating margins, unequaled purchasing power, brand diversity, top IT systems, and depth of resources. April 21, 2020. Columbia Hospitality, Inc. (Columbia) is a Seattle-based hospitality management and consulting company that was founded in 1995 by John Oppenheimer. They handled a complex lease and guided us through entire process, including the paperwork. Moreover, it is the largest hotel manager in Manhattan. Commonwealth Lodging, a mid-Atlantic based hospitality management and consulting firm, is a wholly owned subsidiary of Commonwealth Commercial Partners, LLC, and has extensive experience with nationally recognized select- and full-service franchises operating in suburban, secondary and tertiary markets. The survey is open to hotel franchise/membership companies, multiunit hotel ownership companies, hotel management companies and hotel developers. Importantly, its scope encompasses employee recruitment and development, pre-opening activities, renovations and repositionings. WH. Or maybe you simply would like to oversee the financials and collect your net earnings. The latest earnings reports from across the industry reveal the extent of the damage. In the first quarter of 2022, McDonalds reported $5.67 billion in revenue, up 10.5% over the same period last year. He negotiated very aggressively on our behalf. The company operates hotels and resorts under leading brand affiliations including Choice Hotels, InterContinental Hotels Group, Hilton, Hyatt, Marriott and Starwood, as well as select independent boutique hotels. The biggest mover in the sector was Darden Restaurants, which jumped an impressive 456 places to break land at no. ]CyYEfWW7WWY2.lO^! Highgate fancies itself a premier hospitality management company with more than 25 years of experience. Are you interested in testing our business solutions? Each of these chains also owns some of their own hotels and/or offers hotel management services. Property brands include El Dorado Spa Resorts by Karisma; Margaritaville Island Reserve by Karisma; Azul Beach Resorts by Karisma; Generations Resorts by Karisma; Karisma Villas; Allure Hotels by Karisma; Hidden Beach Resort by Karisma; Sensatori Resorts; and Nickelodeon Hotels & Resorts. 4 Best Types of Uniform for Hotel Front Desk in 2023. Theres hope on the horizon, though. Mainsail Lodging and Development is a Tampa-based hospitality company that develops and operates lodging products in the Southeastern US and the Caribbean. A.M. Sonnabend passes and sons Roger, Paul and Stephen redirect the company to be a hotel management company, rather than a real estate or finance company. If you choose not to report that number, you . Pyramid operates full-service, select-service, and independent hotels in the US, the Caribbean, Ireland, and the UK. Crescent based in Fairfax, VA, and they manage Marriott, Hyatt, IHG, and Hilton brands in upscale to luxury categories, plus independent hotels affiliated with soft brands, in the US and Canada. 1. Aimbridge portfolios are mostly Marriott, Hilton, and Hyatt branded properties in US and Caribbean markets. #2 Treebo. Recruiting, training, managing and terminating employees. We referred them to all our business associates. In this day and age, its especially rare and wonderful to work with a person who actually does what he says he will do. Crescents portfolio includes notable independent properties like the Mayfair Hotel in Los Angeles and the PGA National Resort in Palm Beach. Hotel Management. Get full access to all features within our Business Solutions. Chesapeake Hospitality brings more than five decades and 200 collective years of executive experience to the owners of its diverse portfolio of properties nationally. (Photo by Ron Vesely/Getty Images). Note that this merger brought around 80,000 rooms and 500 properties into Aimbridges portfolio. 223 and no. Dardens stable of full-service eateries includes Olive Garden, LongHorn Steakhouse and half a dozen others. This Denver-based Sage Hospitality Group was founded in 1984 and continues to lead the hospitality industry in hotel and restaurant management as well as real estate investment. Accessed May 01, 2023. https://www.statista.com/statistics/197869/us-hotel-companies-by-number-of-properties-worldwide/, Hotel Management. In 2018, it purchased Two Roads Hospitality, a noted hotel management company. These might include renovation management, consulting services, asset management, etc. 5 0 obj MANAGEMENT COMPANIES. McDonald's landed at 222 on the Forbes Global 2000 this year, thanks in large part to its drive-thru business. The company is very capable, I would recommend Assets America to any company requiring commercial financing. NewcrestImage currently owns and operates 19 properties, with another 12 hotels under construction or in development, including the new dual-branded project in Oklahoma City. Annual ranked list. Bringing up the rear among the five top hotel management companies is Highgate. 4 0 obj Consider that roughly 95% of McDonalds restaurants in the U.S. and over two-thirds worldwide offer drive-thru service, a critical feature during months of social distancing. Ronny and his company are true professionals. Business Solutions including all features. ?1]*aO>g=zgO)Wx#(G)P*;,4k%`;~w VH'}v#U u_>ga*}Y[u@Q%-&{? 1541. Its this experience as owners and operators that allows the Spire Hospitality team to offer outstanding third party management services to hotel owners and investors. Furthermore, identify the services that the company doesnt offer, even if you need those services only in the future. Hotel management companies make money in a few ways: an incentive fee, a base fee, and/or a percentage of gross revenue. Learn more about their survey solutions, visit gracehill.com/products/kingsleysurveys/ What is Property Management? The Baird/STR Hotel Stock Index increased 3.1% in the first four months of 2022. Well renowned for historic renovations, exceptional guest service and new curetted build design and construction, Coury Hospitality employs cutting-edge management techniques ranging from accounting and revenue management to e-commerce and asset management to transform buildings new and old into world-class, full-service boutique hotels that deliver unforgettable travel and dining experiences. 1220, a far cry from its pre-pandemic perch among the top 500. Recently listed in the 2021 Hotel Business Green Book and Market Guide as one of the Top 100 Hotel Management Companies, PHM is poised and ready for pending growth with future projects in the pipeline and beyond. 7GI1XjP%L$Fw*azT%N%1U~*J5K$J*JJt#TJ,5U;0=XsD08r@%QTbiQDV%SIUIT 3qXrH%LR*aZ\%1S *5w*=(:t{;n}'VqC-b=Z=yLzWqCb7oLo}J`C*aRL%T *JUISI. Assets America was incredibly helpful and professional in assisting us in purchasing our property. Assets America helped us survive a very difficult time and we most definitely give them 5 stars! It also franchises 4,615 hotels to independent franchisees. 1,635 after upping its revenue by 53% and its profit by 90%. Not only was Assets America successful, they were able to obtain an interest rate lower than going rates. On the other hand, if you hear horror stories about a management company, keep looking.
top 100 hotel management companies 2021