The U.S. Senate on Wednesday confirmed former Georgia Sen. Kelly Loeffler to lead the Small Business Administration, which supports small businesses with counseling, capital and contracting.
Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.
How Kelly Loeffler’s SBA Leadership Impacts Small Businesses & Hospitality
THE U.S. SENATE on Wednesday confirmed former Georgia senator and businesswoman Kelly Loeffler to lead the Small Business Administration, the federal agency supporting small businesses with counseling, capital and contracting expertise. AAHOA congratulated Loeffler, expressing confidence that her leadership will bolster industries like hospitality, which drive the U.S. economy.
Founded in 1953, the SBA supports small businesses with capital access, disaster relief, contracting opportunities, training, advocacy, and innovation programs, according to its website.
"Administrator Loeffler brings a deep understanding of small business challenges and opportunities," said Miraj Patel, AAHOA chairman. "Her leadership at the SBA will be instrumental in expanding access to capital and creating new opportunities for hotel owners and small business entrepreneurs across the country."
The agency’s Economic Injury Disaster Loans help cover working capital needs during disasters, including fixed debts, payroll, and accounts payable.
Loeffler served in the Senate from 2020 to 2021 after being appointed by Georgia Gov. Brian Kemp when Sen. Johnny Isakson stepped aside for health reasons. She co-owned the WNBA's Atlanta Dream and held roles in financial services, including Intercontinental Exchange. She is married to NYSE Chairman Jeffrey Sprecher.
AAHOA looks forward to working with the SBA under Loeffler to advance key initiatives, including the LIONS Act, which would raise SBA 7(a) and 504 loan limits from $5 million to $10 million. These measures are vital for hotel owners and small businesses to grow and innovate.
Laura Lee Blake, AAHOA president and CEO, said small businesses are the backbone of America's economy.
"Administrator Loeffler's confirmation is a major step forward, and we are excited to collaborate with her to champion initiatives like the LIONS Act that will empower our members and other small business owners,” she said.
AAHOA continues to advocate for small business owners and will work with policymakers and the SBA to ensure access to critical financial resources. AAHOA's Political Action Committee recently raised $1 million in 2024, totaling $1.5 million for the 2023-2024 PAC period, reflecting members' efforts to make hotel owners' voices heard at all government levels.
AAHOA recently backed Kashyap “Kash” Patel, President Trump’s FBI director nominee, citing his public service and national security experience as crucial for addressing challenges facing both the FBI and the hospitality industry.
Hilton reached 9,000 hotels worldwide with the opening of a Signia by Hilton in Texas.
The company passed key milestones, including 6,000 hotels in the U.S.
It has more than 3,600 hotels in development and plans a tenfold expansion in India.
HILTON WORLDWIDE HOLDINGS reached 9,000 hotels worldwide with the opening of Signia by Hilton La Cantera Resort & Spa in San Antonio, Texas, averaging nearly three openings per day since passing 8,000 a year ago. The property adds the Signia brand to Hilton’s portfolio in Texas and includes 496 rooms, 34 villas and an adults-only floor.
The company has more than 3,600 hotels under development globally and aims to expand tenfold in India, Hilton said in a statement. It also passed key milestones, including 6,000 hotels in the U.S.
“Much like we make a promise to our guests to deliver reliable and friendly stays, we are committed to being owners’ partner of choice,” said Christian Charnaux, Hilton’s executive vice president and chief development officer. “Reaching this milestone of 9,000 hotels is a testament to that commitment. Our brands consistently deliver performance for our owners, which enables us to deploy our brands—both existing and new—into markets around the world every day. With just 5 percent of the existing share of global rooms and 21 percent of rooms under construction, Hilton has an opportunity to grow our portfolio well beyond 9,000 hotels.”
Hilton now operates more than 1,000 luxury and lifestyle hotels worldwide and has signed more than 200 more this year, the statement said. The company reported 7.5 percent net unit growth in the second quarter of 2025, while systemwide RevPAR fell 0.5 percent year over year.
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