Baird/STR Hotel Stock Index falls 2.6 percent in May
THE BAIRD/STR Hotel Stock Index experienced a 2.6 percent decline in May, bringing it down to a level of 5,287, according to STR.
“Hotel stocks...
SBA issues new PPP eligibility guidelines
THE U.S. SMALL Business Administration has released new Paycheck Protection Program eligibility guidelines with input from the American Hotel & Lodging Association and hotel...
USTA: Summer travel resilient amid economic pressure, poor experiences
AIR TRAVEL DEMAND is projected to exceed pre-pandemic levels, reaching unprecedented heights this summer, according to U.S. Travel Association. Nonetheless, inflation, higher interest rates,...
કોંગ્રેસે SBA ડેપ્યુટી એડમિનિસ્ટ્રેટર તરીકે સૈયદની નિમણૂકની પુષ્ટિ કરી
યુએસ સેનેટે દિલાવર સૈયદને સ્મોલ બિઝનેસ એડમિનિસ્ટ્રેશનના ડેપ્યુટી એડમિનિસ્ટ્રેટર તરીકે સમર્થન આપ્યું હતું. એસોસિએશનના જણાવ્યા અનુસાર અન્ડરસર્વ્ડ ઉદ્યોગસાહસિકો અને નાની કંપનીઓ માટે હિમાયત કરવાનો...
ભારતીય પીએમ મોદીને કોંગ્રેસને સંબોધિત કરવા આમંત્રણ
ભારતના વડા પ્રધાન નરેન્દ્ર મોદી 2019 માં તેમના "હાઉડી મોદી" પ્રવાસ પછી પ્રથમ વખત યુ.એસ. પરત ફરી રહ્યા છે. 21 થી 23 જૂનના રોજ,...
U.S. hotel owners eyeing interest coverage
ACCORDING TO CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery...
Congress confirms Syed appointment as SBA deputy administrator
CONGRESS RECENTLY CONFIRMED the appointment of Dilawar Syed as the deputy administrator of the U.S. Small Business Administration, a position that had been vacant...
STR, TE update RevPAR and ADR forecast for 2023
STR and Tourism Economics updated their 2023 U.S. hotel forecast this week. While top-line performance is expected to advance, growing operating expenses are projected...
Sonesta inaugurates first Sonesta Essential in CA, introduces two soft brands
SONESTA INTERNATIONAL CORP. opened its inaugural Sonesta Essential-branded hotel, the Sonesta Essential Vacaville, in Vacaville, California. It also introduced two soft brands, Classico, a...
AHLA Survey: 82 percent of hotels report staffing shortages
MORE THAN 80 percent of hotels are currently facing staffing shortages, according to a recent survey of hoteliers conducted by American Hotel & Lodging Association....
