Coury Hospitality Assumed Management of Two Hotels
The firm expanded its national footprint by taking over operations at two properties in Chicago and Tacoma.
Updated on Oct. 6, 2026 in Hospitality
Live Poll
Do you trust management changes to maintain the quality and character of your local hotels?
Coury Hospitality has taken over management of THE RIVVY in Chicago and the Marriott Tacoma Downtown in Tacoma. ACORE Capital selected the Dallas-based firm to oversee operations, including sales, marketing, and food and beverage services at both locations.
Why it matters
The selection of Coury Hospitality by ACORE Capital highlights a growing preference among institutional property owners for managers who can execute on complex, high-capacity venue operations. This shift forces operators to evaluate how their own management contracts align with specific performance track records.
The firm now manages more than 40 hotels across the U.S., including the 297-room THE RIVVY and the 304-room Marriott Tacoma Downtown. These additions bring a combined 33,187 square feet of meeting and event space under the operator’s direct management.
The players
Coury Hospitality
A Dallas-based hotel management firm that currently oversees operations for more than 40 properties across the United States.
ACORE Capital
A real estate finance and investment firm that serves as the owner selecting management for hospitality assets.
The details
Coury Hospitality manages property-level operations including guest experience, food and beverage, and event coordination. The company employs an ownership-minded management approach, focusing on integrating sales and marketing strategies to drive yield at high-capacity venues like the 25,000-square-foot Tacoma convention-adjacent property.
Timeline
2025: Coury Hospitality doubled its hotel portfolio.
October 2026: The company assumed management of the two properties.
Market Landscape
The expansion follows a broader industry trend where property owners prioritize specialized managers with established operational expertise. This strategy mirrors the increasing alignment required to meet Marriott's brand standards in the full-service, high-capacity meeting space segment.
Operators should review their own management contracts against the benchmarks cited by institutional owners like ACORE Capital, such as documented performance in event-driven yield. Owners and managers must ensure their operational reporting clearly demonstrates results that meet the rigorous standards of major hotel brands.
The takeaway
Management turnover in large, event-heavy properties is often tied to the specific operational track record required for a hotel's brand flag. Keep track of current management performance metrics and internal service standards to ensure your property remains competitive for renewal or acquisition.
Further reading
For more on industry management trends, visit Hospitality.
Live Poll
Do you trust management changes to maintain the quality and character of your local hotels?
