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Real estate developer and founder of Bigelow Aerospace, Robert Bigelow, is looking to build expandable habitats for use in outer space. Faster, cheaper, and easier to launch than metal structures, he anticipates that his habitats will be leasable to business entities and space agencies as early at 2018. To watch a video interview with Bigelow, click here.

Good news for those working in hospitality: Wages are moving on up. According to the ADP Workforce Vitality Report, the labor market continued to improve for almost all industries in the first quarter of 2016. In particular, the leisure and hospitality segment is thriving, with strong wage acceleration of 5.7 percent in the first quarter of 2016, even higher than its 4.2 increase in the fourth quarter of 2015. The study notes that raised minimum wages in some states could account for the growth. The report also examined the impact on wages when switching jobs. In hospitality, employees who switched to another full-time job received a wage boost of more than 10 percent–the highest of all industries studied, including transporation, health services, and real estate. If a hospitality employee switched from a part-time to full-time job, they experienced an 8.9 percent wage increase–also higher than what workers in other industries found. To read more, click here.

Pool Appeal

Posted by Sponsored Content on April 19, 2016

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As of late, Airbnb has been in discussions with the Service Employees International Union (SEIU), one of the largest labor unions, to promote unionized housekeepers. This is the closest the home-sharing service has come to formally partnering with a labor group, after years of battling workers’ rights groups. However, sources are reporting that negotiations have been delayed by internal union dissent over the ethics of the company. Allegedly, some SEIU members are worried about Airbnb worsening housing crises across the country. According to USA Today, if it were to go through, the potential deal would include Airbnb endorsing a $15-per-hour minimum wage. The company would also encourage hosts to use union-backed cleaning services. A SEIU spokesperson said no formal relationship currently exists between the Union and Airbnb. Read more here.

Despite a booming lodging industry, financing for purchase, construction and improvement plans still can be hard to find for hotel owners. U.S. Small Business Administration 504 loans can bridge the gap with low interest rates and as little as 15% down. Learn more about SBA 504 hotel loans.

Brought to you by TMC Financing

In an effort to reward loyalty-club members, Hyatt Hotels Corp. has begun offering discounted rates and other benefits for travelers who book directly on its website or through its mobile app. To read more, click here.

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