Skip to content

Search

Latest Stories

AAHOA leaders celebrate India's Independence Day

AAHOA's community of 20,000 hoteliers maintains deep Indian heritage ties

AAHOA leaders celebrate India's Independence Day

ON AUG. 15, AAHOA leaders took to social media platforms to celebrate the 76th anniversary of India's Independence Day. The association praised its members, saying they maintain strong ties to their Indian heritage.

This day signifies the conclusion of British rule in 1947, driven by the Indian Independence Act of July 18 in that year, and the establishment of an independent Indian nation. It also commemorates the separation of the subcontinent into two countries, India and Pakistan, which occurred at midnight on August 14 to 15, 1947.


"AAHOA represents a dynamic community of 20,000 hoteliers, a significant number of whom maintain deep connections to their Indian heritage and undertake annual travels between the U.S. and India," Laura Lee Blake, AAHOA president and CEO, said in a LinkedIn update. "These journeys serve various purposes, including advocating for hospitality on a worldwide platform and making impactful contributions within India."

"On this remarkable day of India's Independence, I am prompted to reflect upon the exceptional journey undertaken by my family, friends, and numerous individuals within the hospitality industry, all contributing to their present positions," said Bharat Patel, AAHOA chairman, in a LinkedIn post.

India's Independence Day holds great importance as a holiday for AAHOA members, as they embody the spirit of entrepreneurship and the ideals encompassed by the American Dream, the association said in a statement.

Meanwhile, AAHOA highlighted the recent arbitration ruling against Choice Hotels International last week, citing contract violation due to inadequate negotiation of discounts via its preferred vendor program. This underscores the call for comprehensive hotel franchising reform, which the association has been advocating through its 12 Points of Fair Franchising.

More for you

Trump reviewing 55 million us visas
Getty Images

Trump reviewing 55 million visas

Summary:

  • The Trump administration says it is reviewing more than 55 million visa holders.
  • Reviews cover a wide range of visas for law enforcement and overstay violations.
  • The administration also suspended worker visas for foreign commercial truck drivers.

THE TRUMP ADMINISTRATION is reviewing more than 55 million people who hold valid U.S. visas for potential violations. It is expanding a policy of “continuous vetting” that could result in revocation and deportation.

Keep ReadingShow less
Peachtree Funds Rio Las Vegas Renovations | $176M CPACE Loan
Photo credit: Hyatt Hotels Corp.

Peachtree originates retroactive CPACE loan for Rio Vegas

Summary:

  • Peachtree Group originated a $176.5 million retroactive CPACE loan for a Las Vegas property.
  • The deal closed in under 60 days and ranks among the largest CPACE financings in the U.S.
  • The company promotes retroactive CPACE funding for commercial real estate development.

PEACHTREE GROUP ORIGINATED a $176.5 million retroactive Commercial Property Assessed Clean Energy loan for Dreamscape Cos.’s Rio Hotel & Casino in Las Vegas. The deal, completed in under 60 days, is its largest credit transaction and one of the largest CPACE financings in the U.S.

Keep ReadingShow less
Spark Acquires Home2 Suites Wayne, New Jersey
Photo Credit: Hunter Hotels

Spark acquires Wayne, N.J., Home2 Suites

Summary:

  • Spark acquired the 120-key Home2 Suites by Hilton Wayne in Wayne, New Jersey.
  • Hunter Hotel Advisors facilitated the transaction with DC Hospitality Group affiliates.
  • The 2020-built hotel is near William Paterson University and less than 20 miles from Manhattan.

SPARK GHC RECENTLY acquired the 120-key Home2 Suites by Hilton Wayne in Wayne, New Jersey, from affiliates of DC Hospitality Group. Hunter Hotel Advisors facilitated the deal for an undisclosed amount.

Keep ReadingShow less
Global hotel construction pipeline reaches record 15,871 projects in Q2 2025, with U.S. and Dallas leading growth
Photo Credit: iStock

Report: Global pipeline hits 15,871 projects

Summary:

  • Global pipeline hit a record 15,871 projects with 2.4 million rooms in Q2.
  • The U.S. leads with 6,280 projects; Dallas tops cities with 199.
  • Nearly 2,900 hotels are expected to open worldwide by the end of 2025.

THE GLOBAL HOTEL pipeline reached 15,871 projects, up 3 percent year-over-year, and 2,436,225 rooms, up 2 percent, according to Lodging Econometrics. Most were upper midscale and upscale, LE reported.

Keep ReadingShow less
HAMA Launches 20th Student Case Competition in USA
Photo Credit: iStock

HAMA launches 20th student case competition

Summary:

  • HAMA is accepting submissions for its 20th annual student case competition.
  • The cases reflect a scenario HAMA members faced as owner representatives.
  • Teams must submit a financial analysis, solution and executive summary.

THE HOSPITALITY ASSET Managers Association is accepting submissions for the 20th Annual HAMA Student Case Competition, in which more than 60 students analyze a management company change scenario and provide recommendations. HAMA, HotStats and Lodging Analytics Research & Consulting are providing the case, based on a scenario HAMA members faced as owner representatives.

Keep ReadingShow less