Skip to content

Search

Latest Stories

Texas voters pass homeowner tax relief legislation

AAHOA and THLA applaud the new law’s passage

Texas voters pass homeowner tax relief legislation

TEXAS VOTERS APPROVED Proposition 4, a constitutional amendment reducing property taxes this year. AAHOA and the Texas Hotel & Lodging Association, which collaborated to support the amendment, said Proposition 4 ensures property tax relief for commercial hotel properties.

The amendment allocates $12.6 billion in state funds for public education, lessening reliance on local property taxes, according to AAHOA. Moreover, it raises the Texas franchise tax exemption from $1.24 million to $2.47 million, providing businesses with tax relief, and caps appraisal values for commercial properties under $5 million.


Proposition 4 was passed with over 83 percent of the vote, emphasizing to legislators the priority of reducing property taxes.

In March, AAHOA’s former chairman Nishant “Neal” Patel testified before a legislative committee in the regular session, underscoring the substantial property taxes hotels pay annually and stressing the necessity of reforming the valuation of commercial properties.

“Although Texas is often recognized as a low-tax state, primarily due to the absence of a state income tax, property owners in the state contend with some of the highest property tax bills in the nation,” said Laura Lee Blake, AAHOA president and CEO. “AAHOA and THLA will continue to advocate on behalf of hotel owners in the state of Texas, ensuring the viability of their businesses and a reduction in unnecessary and exorbitant property taxes.”

“This is the most significant property tax reform the State of Texas has ever passed,” said THLA general counsel Justin Bragiel. “These tax reforms will save Texas property owners, including hoteliers, billions of dollars over the coming years. This will have a huge impact on hoteliers and lodging operators, and we’re proud of the work we’ve been able to do to protect the business interests of our members and countless commercial property owners across the state.”

Summary of Property Tax Reform via Proposition 4:

  • Allocates $12.6 billion in state funds for public education, reducing the need for local property taxes.
  • Doubles the Texas franchise tax exemption from $1.24 million to $2.47 million, offering businesses a tax break.
  • Caps appraisal values for commercial properties at $5 million or less.
  • Mandates the direct election of county appraisal district officials for enhanced taxpayer accountability.
  • Raises the residential homestead exemption from $40,000 to $100,000.

“As entrepreneurs and landowners, the burden of high property taxes is a significant challenge that is prevalent across the United States,” said AAHOA Chairman Bharat Patel. “It's crucial for states and legislators to revisit these tax policies to protect small businesses, as a fair and balanced approach is essential to ensure the sustained growth and job creation that our communities need. We applaud Texas voters for overwhelmingly passing Proposition 4.”

During a recent city council meeting, residents, including a local association of Asian American hotel owners, expressed concern about a proposed ordinance imposing new requirements on hotel development. The ordinance, intended to replace a ballot measure mandating hotels to accommodate homeless individuals alongside regular guests, prompted nearly two hours of public comment. The council subsequently voted to forward the ordinance to the city attorney's office for review before the final vote.

More for you

Marriott Outdoor Collection

Marriott unveils 'Outdoor Collection'

Summary:

  • Marriott launches Outdoor Collection and Bonvoy Outdoors platform.
  • First two brands are Postcard Cabins and Trailborn Hotels.
  • Platform features 450+ hotels, 50,000 homes and activities.

MARRIOTT INTERNATIONAL RECENTLY launched the brand “Outdoor Collection by Marriott Bonvoy” and introduced “Marriott Bonvoy Outdoors,” a digital platform that lets travelers plan trips by destination or activity. The first two brands in the Outdoor Collection are Postcard Cabins and Trailborn Hotels.

Keep ReadingShow less
Peachtree adds six hotels to its third-party management platform
Photo credit: Peachtree Group

Peachtree picked to manage six hotels

Summary:

  • Peachtree adds six hotels to third-party platform.
  • Five are owned by La Posada Group, one by Decatur Properties.
  • Third-party portfolio totals 42 hotels.

PEACHTREE GROUP’S HOSPITALITY management division added six hotels to its third-party management platform. Five are owned by La Posada Group LLC and one by Decatur Properties Holdings.

Keep ReadingShow less
AHLA Foundation scholarships

AHLA Foundation awards $710K in scholarships

Summary:

  • AHLA Foundation distributed $710,000 in scholarships to 246 students.
  • Nearly 90 percent of recipients come from underrepresented communities.
  • The foundation funds students pursuing education and careers in the lodging sector.

AHLA FOUNDATION DISTRIBUTED $710,000 in academic scholarships to 246 students at 64 schools nationwide for the 2025–2026 academic year. Nearly 90 percent of recipients are from underrepresented communities, reflecting the foundation’s focus on expanding access to hospitality careers.

Keep ReadingShow less
U.S. government shutdown
Photo by Kevin Dietsch/Getty Images

Congressional deadlock shutters government

Summary:

  • The U.S. government shut down at midnight after Congress failed to agree on funding.
  • About 750,000 federal employees will be furloughed daily, costing $400 million.
  • Key immigration and labor programs are halted.

THE FEDERAL GOVERNMENT shut down at midnight after Republicans and Democrats failed to agree on funding. Disputes over healthcare subsidies and spending priorities left both sides unwilling to accept responsibility.

Keep ReadingShow less
WTTC travel report

WTTC: U.S. tops travel sector with $2.6T GDP

Summary:

  • The U.S. led global travel and tourism in 2024 with $2.6 trillion in GDP, WTTC reported.
  • India retained ninth place with $249.3 billion in GDP.
  • The sector supported 357 million jobs in 2024, rising to 371 million in 2025.

THE U.S. LED global travel and tourism in 2024, contributing $2.6 trillion to GDP, mainly from domestic demand, according to the World Travel & Tourism Council. Europe accounted for five of the top 10 destinations, while India ranked 9th.

Keep ReadingShow less