More than 70 hospitality companies raised $2.1 million for supporting Shatterproof
Amanda Hite, STR president, recently won the 2025 Shatterproof Hospitality Hero Award. Pictured from left: Mark Hoplamazian, president and CEO, Hyatt Hotels Corp.; Anthony Rutledge, managing partner and CEO, HEI Hotels; Julienne Smith, chief development officer, Americas, IHG Hotels & Resorts; Stacy Silver, president, Silver Hospitality Group; Dan Lesser, co-founder, president, and CEO, LW Hospitality Advisors; Gary Mendell, founder and CEO, Shatterproof; Amanda Hite, president, STR; Geoff Ballotti, president and CEO, Wyndham Hotels & Resorts; Mark Woodworth, principal, Woodworth Core Group; and Tim Hodes, managing director, head of hotel acquisitions, Wheelock.
By Vishnu Rageev RFeb 14, 2025
Amanda Hite Honored with 2025 Shatterproof Hospitality Hero Award at ALIS
Amanda Hite, STR president, recently won the 2025 Shatterproof Hospitality Hero Award at the Americas Lodging Investment Summit in Los Angeles for her efforts to raise awareness of substance use disorder and end addiction stigma. She is the seventh recipient and the first woman to receive the award.
Meanwhile, more than 70 hospitality companies raised $2.1 million to support Shatterproof’s efforts to improve substance use disorder treatment in healthcare, Shatterproof said in a statement.
“I am honored to receive this award, but more importantly, to help raise critical support for Shatterproof and the transformational work they are doing,” Hite said. “STR is proud to collaborate with Shatterproof as they lead the way in advocating for people with substance use disorder, their families and the communities this disease impacts.”
STR, a CoStar Group firm, tracks hotel performance metrics and helps industry leaders analyze market trends.
After the reception, Hite joined industry leaders, including Geoff Ballotti, Wyndham Hotels & Resorts' president and CEO; Paul Daly, Hyatt Hotels Corp.'s global head of franchise and owner relations; Julienne Smith, IHG Hotels & Resorts' chief development officer; and Gary Mendell, Shatterproof's founder and CEO, for a panel on next steps for the industry.
Hite announced an annual partnership with Shatterproof, Ballotti named Shatterproof a featured charity at the 2025 Wyndham Global Conference, Daly reaffirmed Hyatt’s commitment to a safe environment for those recovering from addiction and Smith announced the rollout of Shatterproof’s Just Five educational platform later this year. Smith closed the panel with a personal donation.
Mendell, former HEI Hotels & Resorts chairman and co-founder, lost his son Brian to addiction in 2011 and said he is inspired by the hospitality industry's support.
“Substance use disorder is a largely preventable disease, and it is through the generous support and awareness efforts of the hospitality industry that we will be able to reduce stigma and increase the number of policy changes and treatment resources to end this crisis,” he said. “They are the first industry that has really moved the needle as an industry with regard to Shatterproof. Each year, they get more involved and are going beyond sponsoring the event—they are working to educate and provide resources to their employees, customers, and communities.”
According to the Substance Abuse and Mental Health Service Administration, restaurant and hotel employees have the highest substance use rates in the U.S. workforce. Substance use disorders impact not just employees and their families but also cost businesses billions annually in healthcare, absenteeism, and lost productivity.
Since 2016, the hospitality industry has raised more than $9.6 million for Shatterproof at ALIS events, the statement said. This year, top hospitality brands pledged to adopt Shatterproof’s Just Five employee education program. Industry partners also support Shatterproof’s Walks to End Addiction Stigma, the nation’s largest event series for substance use disorder.
The 2025 Shatterproof Hospitality Heroes Committee includes:
James Burba and Jeff Higley, Burba Hotel Network
Paul Whetsell, CapStar Hotel Company's chairman
Clark Hanrattie, Anthony Rutledge, and Greg Mendell, HEI Hotels & Resorts' managing directors
Chris Nassetta, Hilton's president and CEO
Dan Lesser, LW Hospitality Advisors' president and CEO
Bill Reynolds, Marcus Hotels' president
Joel Eisemann, Noble Investment Group's chief investment officer
Mark Woodworth, Woodworth Core Group's principal
Robert Alter, Seaview Investors' president
Stacy Silver, Silver Hospitality Group's president
Gary Mendell, Shatterproof's founder and CEO
Thomas Corcoran, TCOR Hotel Partners' founder
Patrick Campbell, Tim Hodes, and Merrick Kleeman, Wheelock Street Capital's managing partners
Geoff Ballotti, Wyndham Hotels & Resorts' president and CEO
Last year, Shatterproof honored Hyatt's Hoplamazian at its seventh Hospitality Heroes Reception during ALIS in Los Angeles.
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.
The State Department confirmed all visa holders are subject to ongoing review, which includes checking for overstays, criminal activity, threats to public safety or ties to terrorism. Should violations be found, visas may be revoked, and holders in the U.S. could face deportation, according to the Associated Press.
Officials said the reviews will include monitoring of visa holders’ social media accounts, law enforcement records and immigration files. New rules also require applicants to disable privacy settings on phones and apps during interviews. The department noted visa revocations since President Trump’s return to office have more than doubled compared to the previous year, including nearly four times as many student visas.
The administration also announced an immediate halt on issuing worker visas for foreign commercial truck drivers, with Secretary of State Marco Rubio citing road safety and competition concerns for U.S. truckers.
“The increasing number of foreign drivers operating large tractor-trailer trucks on U.S. roads is endangering American lives and undercutting the livelihoods of American truckers,” Rubio posted on X.
The Transportation Department linked the move to recent enforcement of English-language proficiency requirements for truckers, aimed at improving safety. The State Department later said it was pausing visa processing while it reviewed screening protocols.
Critics, including Edward Alden of the Council on Foreign Relations, warned the actions could have significant economic consequences.
“The goal here is not to target specific classes of workers, but to send the message to American employers that they are at risk if they are employing foreign workers,” Alden wrote, according to AP.
Data from the Department of Homeland Security shows there are 12.8 million green card holders and 3.6 million temporary visa holders in the United States. The 55 million figure under review includes many outside the U.S. with valid multiple-entry tourist visas.
Earlier this week, the State Department reported revoking more than 6,000 student visas for violations since Trump returned to office, including around 200 to 300 for terrorism-related issues.
The vast majority of foreign visitors require visas to enter the U.S., with exceptions granted to citizens of 40 countries under the Visa Waiver Program, primarily in Europe and Asia. Citizens of China, India, Russia and most of Africa remain subject to visa requirements.
A $250 Visa Integrity Fee in President Donald Trump’s Big Beautiful Bill drew criticism from groups that rely on seasonal workers from Latin America and Asia on J-1 and other visas.
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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.
The U.S. leads with 6,280 projects and 737,036 rooms, 40 percent of the global total. Dallas leads cities with 199 projects and 24,497 rooms, the highest on record.
LE’s Q2 2025 Hotel Construction Pipeline Trend Report showed 6,257 projects with 1,086,245 rooms under construction worldwide, unchanged in project count and down 3 percent in rooms from last year. Projects scheduled to start in the next 12 months totaled 3,870 with 551,188 rooms, down 3 percent in projects but up 1 percent in rooms. Early planning reached 5,744 projects and 798,792 rooms, up 10 percent in projects and 9 percent in rooms year-over-year.
Upper midscale and upscale hotels accounted for 52 percent of the global pipeline, LE said. Upper midscale stood at 4,463 projects and 567,396 rooms, while upscale reached 3,852 projects and 655,674 rooms. Upper upscale totaled 1,807 projects and 385,396 rooms, and luxury totaled 1,267 projects and 245,665 rooms, up 11 percent year-over-year.
In the first half of 2025, 970 hotels with 138,168 rooms opened worldwide. Another 1,884 hotels with 280,079 rooms are scheduled to open before year-end, for a 2025 total of 2,854 hotels and 418,247 rooms. LE projects 2,531 hotels with 382,942 rooms to open in 2026 and 2,554 hotels with 382,282 rooms to open globally in 2027, the first time a forecast has been issued for that year.
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.
Student teams must prepare a financial analysis, a recommended solution and an executive summary for board review, HAMA said in a statement.
“Each year, the education committee looks forward to the solutions that the next generation of hotel asset managers bring, applying their own experiences to issues in ways that reveal new directions,” said Adam Tegge, HAMA Education Committee chair. “This competition demonstrates that the future of hotel asset management is in good hands.”
The two winning teams will each receive a $5,000 prize and an invitation to the spring 2026 HAMA conference in Washington, D.C. HAMA will cover travel and lodging.
Twenty industry executives on the HAMA education committee will evaluate submissions based on presentation quality, the statement said. HAMA mentors volunteer from September through November to assist teams seeking feedback and additional information. Schools will select finalists by Jan. 15, with graduate and undergraduate teams reviewed separately.
The competition has addressed topics in operating and owning hospitality assets and HAMA consulted university professors to update the format for situations students may encounter after graduation, the statement said.
This year’s participants include University of Denver, University of Texas Rio Grande Valley, Boston University, Florida International University, Michigan State University, Columbia University, Morgan State University, Howard University, New York University and Penn State University.
Stonebridge Cos. added the Statler Dallas, Curio Collection by Hilton, to its managed portfolio.
The hotel, opened in 1956 and relaunched in 2017, is owned by Centurion American Development Group.
The property is near Main Street Garden Park, the Arts District and the Dallas World Aquarium.
STONEBRIDGE COS. HAS contracted to manage the Statler Dallas, Curio Collection by Hilton in Dallas to its managed portfolio. The hotel, opened in 1956 and relaunched in 2017, is owned by Centurion American Development Group, led by Mehrdad Moayedi.
It has an outdoor pool and more than 26,000 square feet of meeting space, Stonebridge said in a statement. The downtown Dallas property is near Main Street Garden Park, the Arts District, the Kay Bailey Hutchison Convention Center, Deep Ellum, Klyde Warren Park, and the Dallas World Aquarium.
“The Statler is an extraordinary asset with a storied history in Dallas, and we are thrilled to welcome it to our managed portfolio,” said Rob Smith, Stonebridge’s president and CEO. “Its blend of modern hospitality with timeless character makes it a natural fit within our lifestyle collection. We look forward to honoring the property’s legacy while enhancing performance and delivering an elevated guest experience.”
Stonebridge, based in Denver, is a privately held hotel management company founded by Chairman Navin Dimond and led by Smith. The company recently added the 244-room Marriott Saddle Brook in Saddle Brook, New Jersey, to its full-service portfolio.
Peachtree secured EB-5 approval for a Florida multifamily development project.
The 240-unit community in Manatee County is backed by $47 million in construction financing.
It is Peachtree’s fourth EB-5 project approval since launching the program in 2023.
PEACHTREE GROUP RECENTLY secured EB-5 approval from U.S. Citizenship and Immigration Services for Madison Bradenton, a 240-unit multifamily development in Bradenton, Florida. It also raised $47 million in construction financing with a four-year term for the project on a 10.7-acre site in Manatee County.
The approval allows the company to advance its EB-5 Immigrant Investor Program, which directs foreign investment to U.S. job creation, Peachtree said in a statement.
“Madison Bradenton reflects the strong demand for high-quality multifamily housing in growing markets,” said Adam Greene, Peachtree’s executive vice president of EB-5. “This project underscores our ability to pair EB-5 financing with secured lending, delivering attractive opportunities for investors while meeting critical housing needs.”
The project will include five four-story apartment buildings with elevators, a two-story carriage building and a clubhouse, with residences averaging 1,027 square feet and featuring private patios or balconies. The location provides access to employment centers, healthcare facilities and Siesta Key Beach.
Atlanta-based Peachtree is led by Greg Friedman, managing principal and CEO; Jatin Desai, managing principal and CFO and Mitul Patel, principal.
This is Peachtree’s fourth approved I-956F application, following projects such as Home2 Suites by Hilton in Boone, North Carolina; SpringHill Suites by Marriott in Bryce Canyon, Utah and TownePlace Suites by Marriott in Palmdale, California. In May, Peachtree secured USCIS approval for four regional centers—South, Northeast, Midwest and West—allowing it to sponsor EB-5 projects in those territories.
The EB-5 visa program allows foreign investors to obtain a green card by investing in a U.S. commercial enterprise that creates jobs, the statement said. Investors who contribute at least $800,000 to a project that creates or preserves 10 full-time jobs for U.S. workers are eligible for permanent residency.
Separately, Peachtree launched the $250 million Special Situations Fund to invest in hotel and commercial real estate assets affected by capital market illiquidity.