Prominence Hospitality set to manage Courtyard by Marriott Albion

Prominence Hospitality Group, a Chicago-based real estate investment, development, and hotel management company, has entered into a contract with Albion College to manage its...

Naveen Kakarla’s HHM unveils Echelon Luxury & Lifestyle

Naveen Kakarla-led HHM Hotels has launched Echelon Luxury & Lifestyle, a business division dedicated to independent hotels and independent-inspired brands. Echelon represents 50-plus hotels...

Indian Ambassador Sandhu attends Marriott reception in Washington

Indian Ambassador to the U.S., Taranjit Singh Sandhu, recently attended a Marriott leadership reception in Washington ahead of Indian Prime Minister Narendra Modi's state...

Omkar Group sells SpringHill Suites by Marriott Galveston Island

OMKAR GROUP RECENTLY sold its SpringHill Suites by Marriott Galveston Island, in Galveston, Texas, to PWZ Capital Group. The hotel sale was facilitated by...

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

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...

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