Suraj Bhakta
Suraj Bhakta is CEO of NewGen Advisory, an AHLA Premier Partner. He also serves as chief legal counsel to the parent company, NewGen Worldwide.
Routes to ROI: Financial Considerations Behind New Build and Conversion Options
In today’s commercial real estate landscape, buyers and sellers are at odds in terms of their price points and expectations. Many sellers are reluctant to sell because they are in a loan that was...
Finding the Right Broker: 5 Qualities That Make for an Effective Partnership
Understanding what you need from your hotel broker is paramount to securing a smooth transaction at an optimal price. Essentially, your broker is the captain of your transaction ship, and finding the right one...
Three Key Practices for a Strong Loyalty Program
Today’s traveler has an abundance of lodging choices. With customer loyalty playing an integral role in a hotel’s operations, getting it right can mean all the difference, especially for smaller, boutique brands. When successful,...
The Lending Landscape: Best Practices to Obtain Funding Amid a Hotel Financing Slowdown
With interest rates not expected to decline until mid- to late 2024, hoteliers are still navigating market conditions that are characterized by a higher debt-cost reality, fewer active lenders, and struggling debt coverage ratios....
Five Trending Technologies: Hoteliers Can Find Creative Applications for These Advances
The hotel industry has always welcomed technological innovation, including smart TVs, mobile check-in, property management systems, and many other technologies and tools that were trailblazing when they were introduced. Here are five technological frontiers...