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Hoteliers increasingly tap whole or partial third-party operators to manage portfolios

What CoStar's Analytics team is hearing from hospitality professionals
Aimbridge Hospitality, whose portfolio includes the Sheraton Grand Nashville in Nashville, Tennessee, is the largest third-party hotel operator in the U.S. (CoStar)
Aimbridge Hospitality, whose portfolio includes the Sheraton Grand Nashville in Nashville, Tennessee, is the largest third-party hotel operator in the U.S. (CoStar)
CoStar Analytics
May 21, 2025 | 5:10 P.M.

The third-party management model has always existed in the hospitality space, but it has become increasingly popular of late.

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