Ed Brock is an award-winning journalist who has worked for various U.S. newspapers and magazines, including with American City & County magazine, a national publication based in Atlanta focused on city and county government issues. He is currently senior editor at Asian Hospitality magazine, the top U.S. publication for Asian American hoteliers. Originally from Mobile, Alabama, Ed began his career in journalism in the early 1990s as a reporter for a chain of weekly newspapers in Baldwin County, Alabama. After a stint teaching English in Japan, Ed returned to the U.S. and moved to the Atlanta area where he returned to journalism, coming to work at Asian Hospitality in 2016.
BLACK HISTORY MONTH is a time to think about unity in general and hoteliers of all races acknowledged that this year. AAHOA observed the month, as did others in the industry through actions and testimonials.
A way to engage the local community
California hotelier and philanthropist Sunil “Sunny” Tolani in a recent article discussed the importance of the month to him. Tolani is CEO of the Prince Organization in Anaheim, California, and in an interview with New York Wire magazine, he discussed diversity and his company’s participation in the Martin Luther King Jr. Day of Service in January. The event supports a sense of family among his employees, Tolani said.
“Employees make time to volunteer and the MLK Day of Service is a great way we engage with our local community while honoring the legacy of Dr. King,” Tolani said. “Whether we plan on cleaning up a public space, mentoring and providing internships to young people, mentoring our staff, inviting the local students to tour the back of house hotel operations, what they do makes a world of difference. Our entire organization felt a sense of pride at what we were able to achieve.”
Tolani said supporting minority rights also builds meaningful relationships within the communities in which they operate and “taps the passions of millions of guests.”
“We take immense pride in our continued support of National Association for the advancement of Colored People as it focuses on history, culture, leadership, business building strong foundations for the youths in the African American communities,” he said. “This endeavor lets us celebrate achievements of the community which throughout our country’s history have contributed mightily and made a difference which we all Americans are proud of as their tenacity, will to succeed is unmatched.”
The Prince Organization also called for an early national response to the COVID 19 pandemic that would address existing racial disparities in health care outcomes, access, coverage and services, as well as the disparate impact of COVID-19 on African Americans and other people of color as well as women. The company has advocated for expanded Medicaid eligibility, affordable health insurance options, and investment in community-based health care infrastructure through a strong network of equitably located, well-resourced community health centers.
“AAHOA doesn’t take for granted the opportunity to continue to be a part of the work to help minority entrepreneurs and small business owners succeed,” the message said. “Over the years, AAHOA has been honored to partner with organizations like the National Association of Black Hotel Owners, Operators, & Developers to advocate for minority hotel ownership and development. On Black History Month, AAHOA celebrates the contributions of Black entrepreneurs in hospitality and across the U.S.”
AAHOA’s posting included a video message from Andy Ingraham, NABHOOD president and CEO. Ingraham said his association is proud to partner with AAHOA.
“Both of our organizations represent minorities in this business and we’re so happy to see as a result of our relationship more people of color, more minorities, more women being elevated to senior positions. Yes, there’s more work to be done and that’s why our relationship is so impactful,” Ingraham said. “Our goal is to continue to support diversity and inclusion, and as we work together to cover a litany of issues, whether they be workplace, whether they be support for minorities, whether they be legislative issues, our goal is to ensure that anyone, regardless of race, ethnicity, color or national origin is afforded the same opportunity that is important to all people and particularly all Americans. That is the opportunity to succeed, the opportunity to go from cleaning a room to all the way up to a corporate suite.”
IHG gives Black team members a voice
IHG Hotels & Resorts posted a blog on its website that gave Black staff members an opportunity to speak about the opportunities they had found with the company.
“We celebrate and honor the diversity and cultures that have shaped the foundation of our global company. As part of our Early Careers university program, we contribute resources and the opportunity to pursue an IHG internship to students of HBCUs to help foster a successful career in hospitality,” the company said. “This month, we’re recognizing some of our Black leaders at our hotels in the Americas in a two-part series. These are just some of the many Black colleagues who not only keep our hotels thriving but are also advancing progress in the industry, as well as inspiring and opening doors for others. We’re sharing their stories, advice, and the challenges they face.”
Lekecia Harris, general manager of the Staybridge Suites Charleston – Ashley Phosphate in Charleston, South Carolina, told her story about attending a sales convention six years ago. She made a critical observation at that time.
“There were 1,200 to 1,500 people, but only two of us were Black,” Harris wrote. “It was the first time in my life where I felt I didn’t belong, but at the same time, I knew I needed to be in the room.”
That realization stayed with Harris, informing her career decisions. She said she manifested her current role as general manager because of it.
“I had just moved to Charleston and saw the hotel being built, and I said – out loud, ‘I am going to work there.’ And I did,” Harris said. “I started out as a night auditor. It was the only position they had open when I walked through the doors, and three months later, I was front office manager, then director of sales, and now I’m the GM.”
Raeshawna Scott, general manager of the Kimpton Banneker Hotel in Washington, D.C., told a similar story. Scott began working in hotels soon after graduating from Cheyney University of Pennsylvania with a hospitality major. She became an assistant front desk manager in 2002 and also worked as director of housekeeping, but she did find some particular challenges to being a black woman in leadership.
“I have found that you are questioned more as a black female leader,” Scott said. “You must be even more aware of what and how you communicate, so you don’t fall into the stereotype of being angry or aggressive versus assertive.”
Last March, the “Black Representation in Hospitality Leadership 2022” report released by the Castell Project, a diversity advocacy group, found that Black people had made little progress in the hospitality industry over the previous year.
Global hotel RevPAR is projected to grow 3 to 5 percent in 2025, JLL reports.
Hotel RevPAR rose 4 percent in 2024, with demand at 4.8 billion room nights.
London, New York and Tokyo are expected to lead investor interest in 2025.
GLOBAL HOTEL REVPAR is projected to grow 3 to 5 percent in 2025, with investment volume up 15 to 25 percent, driven by loan maturities, deferred capital spending and private equity fund expirations, according to JLL. Leisure travel is expected to decline as consumer savings tighten, while group, corporate and international travel increase, supporting RevPAR growth.
Major cities continue to attract strong demand and investor interest, particularly London, New York and Tokyo. APAC is likely to post the strongest growth, fueled by recovering Chinese travel, while urban markets remain poised for continued momentum.
Lifestyle hotels are emerging as the new “third place,” blending living, working and leisure. The trend is fueling expansion into branded residences and alternative accommodations. JLL said investors must weigh regional performance differences, asset types and lifestyle trends when evaluating opportunities.
Separately, a Hapi and Revinate survey found fragmented systems, inaccurate data and limited integration remain barriers for hotels seeking better data access to improve guest experience and revenue.
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Hyatt partners with Way to unify guest experiences on one platform.
Members can earn and redeem points on experiences booked through Hyatt websites.
Way’s technology supports translation, payments and data insights for Hyatt.
HYATT HOTELS CORP. is working with Austin-based startup Way to consolidate ancillary services, loyalty experiences and on-property programming on one platform across its global portfolio. The collaboration integrates Way’s system into Hyatt.com, the World of Hyatt app, property websites and FIND Experiences to create a centralized booking platform.
World of Hyatt members can earn and redeem points on experiences booked through Hyatt websites, including wellness programs, cultural activities, ticketed events and local collaborations, the companies said in a statement. Members can also access FIND Experiences, which includes activities and auctions where points can be used to bid on events.
"In our search for an on-brand platform to power experiences and tap into ancillary revenue opportunities, Way's collaboration has been a true unlock for us," said Arlie Sisson, Hyatt’s senior vice president and global head of digital. "After a thorough evaluation of potential solutions, Hyatt chose Way to power the next chapter of our digital strategy by streamlining operations, elevating brand differentiation, enhancing personalization and, most importantly, delivering care at every touchpoint in the guest journey."
The Way initiative spans Hyatt’s portfolio, covering cabana rentals, in-room amenities and partnerships with local providers, the statement said. Way’s technology supports real-time translation, more than 100 currencies, multiple payment methods and data insights to help Hyatt manage operations globally.
"Hyatt set a high bar and Way is proud to bring their vision to life," said Michael Stocker, Way’s co-founder and CEO.
"The platform supports enterprise needs while preserving the guest experience."
U.S. CMBS delinquency rate rose 10 bps to 7.23 percent in July.
Multifamily was the only property type to increase, reaching 6.15 percent.
Office remained above 11 percent, while lodging and retail fell.
THE U.S. COMMERCIAL mortgage-backed securities delinquency rate rose for the fifth consecutive month in July, climbing 10 basis points to 7.23 percent, according to Trepp. The delinquent balance reached $43.3 billion, up from $42.3 billion in June.
Trepp’s “CMBS Delinquency Report July” showed multifamily led the increase, with its delinquency rate rising 24 basis points to 6.15 percent. Lodging fell 22 basis points to 6.59 percent and retail declined 16 basis points to 6.90 percent. Office delinquencies edged down to 11.04 percent after hitting a record 11.08 percent in June.
Loan-level analysis showed $4.4 billion in loans became newly delinquent in July, exceeding $3 billion that cured. Mixed-use, retail and office each accounted for more than $800 million of newly delinquent loans.
The seriously delinquent share, 60+ days, foreclosure, REO, or non-performing balloons, rose to 6.93 percent, Trepp said. Excluding defeased loans, the overall delinquency rate would be 7.41 percent.
A separate report from Lodging Econometrics showed the global hotel pipeline at 15,871 projects, up 3 percent year-over-year, totaling 2,436,225 rooms, up 2 percent.
Global hotel rates are expected to remain stable through 2026, according to AMEX GBT.
New York is a key business travel and meetings destination.
India is likely to be a focus for travel programs during 2026 negotiations.
GLOBAL HOTEL RATES are expected to remain stable through 2026, as geopolitical tensions and potential U.S. tariffs limit demand and constrain price increases, according to American Express Global Business Travel. New York remains a popular destination for business travel and meetings.
AMEX GBT’s Hotel Monitor 2026, an annual forecast of global hotel rates in business travel destinations, identified India as a key market, with hotel rates and occupancy set to rise.
“This year’s forecast reveals a global environment where geopolitical uncertainties are tempering hotel rate increases,” said Dan Beauchamp, Amex GBT’s vice president for consulting. “These insights allow businesses to make more informed travel decisions. Understanding local market conditions will help companies optimize travel budgets and strategies.”
The report also projects continued rate increases for high-end accommodation based on demand.
New York hotel rates are projected to rise 4 percent in 2026. Despite expected softening in inbound U.S. travel from tariff uncertainty, New York remains a leading destination for business travel and meetings. The forecast is based on company data and IMF inflation and GDP projections.
India is expected to see rising hotel rates and occupancy in 2026. Rate growth will be below last year’s levels but above regional and global averages. India is likely to be a focus for many travel programs during 2026 negotiations. Bengaluru, a major technology and AI hub, recorded the country’s highest occupancy and ADR in the first quarter of 2025.
Simon Fishman, Amex GBT’s vice president for global hotels, said data shows news cycles can affect hotel prices in unpredictable ways.
“Amex GBT’s hotel marketplace gives companies access to over two million properties across 180 countries, including more than 45,000 hotels with pre-negotiated discounts and amenities via the Preferred Extras Hotel Program,” he said. “It enables companies of all sizes to adapt to changing business needs while accessing the best rates and traveler experiences.”
A May report by commerce media firm Criteo found that hotel booking values in Asia-Pacific rose 23 percent in early 2025, compared with 2 percent growth in the Americas.
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.