The success or failure of any given hospitality industry depends on choosing the correct management company. In other words, a good one can elevate it to the top of the list of hotels in the region, but a bad one will almost generate bad inputs and can turn away your visitors. Nevertheless, there are a lot of the largest hotel management companies in the world to work for or explore. for instance, Aimbride Hospitality, Plano Hotels, Marriott, and Hyatt. Also, a hotel management business can guarantee your success regardless of whether you already own a hotel or are simply thinking about buying or creating one. Read on to find out more about the hotel management companies in Florida.
What Is a Hotel Management Company?
Hotel management companies are responsible for overseeing the day-to-day activities that take place in a hotel. Also, hotel management companies operate in exchange for a basic fee, an incentive charge, or a portion of gross revenue. In addition, a hotel manager usually manages and handles the hotel management company.
Largest Hotel Management Companies
Below is a list of the largest hotel management companies in the world
#1. Aimbridge Hospitality
Aimbridge Hospitality is the largest hotel management firm in the US. Also, with locations in Plano, Texas, and more than 1,400 hotels in its portfolio. In addition, in 2019, Aimbridge merged with the former second-largest hotel management company, Interstate Hotels & Resorts. Over, 500 properties and about 80,000 rooms were added to Aimbridge’s portfolio through this merger. Aimbridge’s hotels are mostly Marriott, Hilton, and Hyatt-branded establishments in the US and Caribbean regions. Recently, the AIMClean program was just introduced by Aimbridge to guarantee that hotel staff members receive adequate training in health and safety procedures. Furthermore, Aimbridge offers consulting, asset management, and renovation management services.
#2. Hyatt Hotels and Resorts
Hyatt Hotels Corporation, also known as Hyatt Hotels & Resorts, is an American international hospitality firm with headquarters in the Riverside Plaza neighborhood of Chicago. Also, luxury and business hotels, resorts, and vacation properties are managed and franchised by Hyatt hotel corporation. In 2004, Summerfield Suites (later rebranded Hyatt Place), in 2005, Summerfield Suites (later rebranded Hyatt House), and in 2018, Two Roads Hospitality. In August 2021, Hyatt Hotels Corporation (NYSE: H) paid affiliates of KKR and KSL Capital Partners $2.7 billion in cash to purchase Apple Leisure Firm (ALG), a luxury resort-management services, travel, and hospitality group. The hotel portfolio of ALG also has more than 33,000 rooms that are active in 10 nations. Moreover, more than 1100 hotels and all-inclusive resorts are operated by Hyatt in 69 nations on six continents.
#3. InterContinental Hotels Group (IHG)
InterContinental Hotels Group, sometimes known as IHG Hotels & Resorts, is a worldwide British hospitality corporation. This management company is located in Denham, Buckinghamshire, England, and trades on the London Stock Exchange. IHG operates a number of its own hotels, specifically 301 establishments with 57,804 guestrooms. Also, IHG, which operates 5,800+ hotels globally under brands like Crowne Plaza and Holiday Inn, adopts an asset-light strategy and only runs a small portion of them. Another point is, IHG has 18 brands marketed under five collections including
- The luxury and lifestyle collection
- Premium collection
- Essentials collections
- Suites collection
- Executive partners
Highgate, which is the biggest hotel management firm in New York City, is the fourth-largest hotel management company in the US. In addition to this, highgate has its headquarters in New York City. Highgate also controls 10% of the city’s hotel inventory. With 142 locations and 37,307 rooms, Highgate’s portfolio consists of independent and branded hotels in significant US cities like New York City, Miami, and San Francisco.
#5. Crescent Hotels & Resorts,
Crescent Hotels and Resorts have 103 hotels and 28,137 bedrooms. In addition to managing independent hotels connected to soft brands in the US and Canada. Also, Crescent is situated in Fairfax, Virginia, and manages the Marriott, Hyatt, IHG, and Hilton brands in the upscale to luxury categories. Although, the Mayfair Hotel in Los Angeles and the PGA National Resort in Palm Beach are just a couple of the well-known independent hotels in Crescent’s portfolio.
#6. HEI Hotels & Resorts
HEI Hotels and Resorts oversees 23,900 rooms across 79 hotels. The hotel management company has a portfolio from Marriott, Hilton, and IHG. Also, HEI Hotels is a hospitality independent owner located in Norwalk, Connecticut- in popular tourist areas and urban areas around the US. In addition, the Norwalk, Connecticut-based HEI administers a wide variety of assets, from luxury resorts to hotels with select services. In fact, HEI Hotels & Resorts has made investments in cutting-edge technology to reduce energy use at its locations.
#7. Pyramid Hotel Group
The Boston-based Pyramid Hotel Group has a significant global presence. Coupled with the United States, the Caribbean, Ireland, and the United Kingdom, Pyramid manages full-service, select-service, and independent hotels. Also, with a total of 91 hotels and 23,493 bedrooms, the company’s portfolio comprises the Marriott, Hilton, IHG, and Wyndham brands. In terms of brand conversions and transitions, Pyramid is an expert.
#8. The Atrium Hotel
The biggest hotel owner and operator in the country are Atrium Hospitality. The corporation, which has its corporate headquarters in Alpharetta, Georgia, manages a portfolio of 82 hotels throughout 29 states, including Hilton, Marriott, and IHG. Atrium also manages 21,595 guest rooms/suites and almost 2.3 million square feet of event space with just under 10,000 dedicated employees
#9. Caribbean Hospitality
Unlike some management hotel organizations, Island Hospitality Management mostly manages select-service brands like Residence Inn and Homewood Suites, with 177 hotels and 22,811 rooms in its portfolio. The Hilton, Hyatt, IHG, and Marriott properties are managed by Management Portfolio Island, which has its headquarters in West Palm Beach, Florida.
#10. Crestline Hotels and Resorts
The Crestline hotels and resorts have 118 hotels and 17,250 beds in their portfolio, which makes it a winner. Also, in the US, Crestline administers Hilton, Hyatt, IHG, and Marriott properties that range from high-end boutiques to select-service hotels. Crestline has also received many honors, including three times winning Marriott’s “Renovation of the Year” award!
Florida Hotel Management Companies
Below is a list of the top Florida hotel management companies
#1. AD1 Global
AD1 Global is based in Hollywood, Florida, and is fully in the hotel business. The organization is also involved in all facets of the hotel business and concentrates on strategic acquisitions and new developments. Also, it is into renovations, management services, and investments. AD1 Global provides comprehensive hotel solutions that are tailored to the unique requirements of every single property. The organization also wants to create very successful hotels by continuously improving the working process.
#2. Driftwood Hospitality Company, Florida
All around the United States and Latin America, hotels are operated and developed by Driftwood Hospitality Management, LLC. In addition, the hotel management company is located in North Palm Beach, Florida, the USA, and Costa Rica, and has 1,299 rooms under construction. Also, our portfolio comprises over 48 hotels and more than 9,584 rooms in popular business travel, convention, and resort destinations across the United States.
#3. Avista Hotels and Resorts, Florida
Avista Hotels and Resorts is one of the hotel management companies in Florida. The hotel management company, founded in 1983 with headquarters in Orlando, Florida, has built over 65 hotels. Also, the Hyatt Place Daytona Beach-Oceanfront hotel is the latest addition to the Avista Hotels & Resorts portfolio.
#3. Highpoint Hotel Corporation
Gulf Breeze, Florida-based Highpointe Hotel Corporation is a full-service management and development firm. Highpointe, founded in 1982, offers expert management services to organizations, outside investors, and the hotels in our own portfolio. The 120-room Courtyard by Marriott Pensacola/Downtown, the 102-room Hampton Inn & Suites Mobile-Providence Park/Airport, and the 107-suite Homewood Suites Pensacola Airport are just a few of the Highpointe development projects.
#4. AIC Hotel Groups
All Inclusive Collection is the brand that introduced the world’s first-ever all-inclusive Hard Rock Hotels and Hard Rock-branded golf courses. Also, announces its new company name which is AIC Hotel Groups. RCD Hotels exclusively contract with the AIC Hotel Group to spearhead the sales and marketing efforts for luxury resort properties in Florida and Mexico.
What Is the Best Hotel Company to Work For?
The international consulting firm and Fortune have put a list together to confirm the best hotel company to work for. In other words, Hilton International has been ranked as the largest and best company to work for.
What Is the Highest Rank in a Hotel?
The chief executive officer of the hotel corporation is where hotel management begins. Also, the CEO is responsible for establishing new hotels, managing meetings and presentations, selecting general managers for specific properties, and making all final decisions pertaining to the hotel.
What is the highest salary in hotel management?
Below is the list of the highest salary in the hospitality management industry. So, if you are considering getting a job in the hospitality sector you can also apply in these departments.
- Restaurant manager gets an average salary range of $55.060 per year
- An event manager also gets an average salary of $55.496 per year
- Hotel general manager receives a national average salary of $58,424
- A sommelier receives an average salary of $58,565 per year
- The food service director receives an average salary of $ 59,070 per year
- Executive chef also gets a national average salary of $74,421 per year
What is a hotel manager called?
A hotel manager is also called a hotelier. Just that, a lot of people prefer to address a hotelier as a manager.
- Portfolio Management: Definition, Types, and Salary
- HOSPITALITY COMPANIES: Top 10 Hospitality Companies in the World
- Best Beaches in South Florida: 12 Best Beaches
- Corporate Travel Management Companies: Complete Guide
- TOP KID-FRIENDLY RESORTS IN FLORIDA
- BEST ALL-INCLUSIVE RESORTS IN WASHINGTON: 10 Best All-
FAQs for Hotel Management Companies
How do you become a 5-star hotel manager?
In other to become a 5-star hotel manager you need to do and have the following
- First, you need to get a degree in any of the hotel management fields
- Have an organizational skill
- Develop your hotel to have a high standard
- Be prone to learning new things
- Have good communication and leadership abilities
Is hotel management easy?
Hotel management is one of the easiest fields if you want to pursue a degree or career in it. Also, when you know the right principles to follow and software to use it becomes easy. On the negative side, it is hard when you don’t know the description of your job.
Is a hotel manager a good career?
Yes, it is absolutely an amazing career to pursue. Although, working in a hotel especially when you are a manager can be stressful. But that can not stop you from pursuing a career as a hotel manager because every other job is also stressful.