Tag: April 2024
AHLA: Hotels to Generate Record Levels of Tax Revenue and Wages
WASHINGTON—U.S. hotels are projected to generate record levels of federal, state, and local tax revenue this year while paying employees historic totals of wages,...
Miraj S. Patel Becomes Youngest Chairman in AAHOA History
ORLANDO, Florida—Texas hotelier Miraj S. Patel, MBA, CHO, CHIA, was named the newest Chairman of the AAHOA (Asian American Hotel Owners Association) 2024-25 Board...
2024 Outlook: Profit Trends Should Stabilize, Despite Lingering Challenges
While there are still many unknowns regarding the economy, STR's data points to further stabilization for the U.S. hotel industry. Aligned with record highs...
Rockpoint and Highgate Announce Sale of Scottsdale Plaza Resort and Villas
BOSTON, Massachusetts, and SAN FRANCISCO, California—Rockpoint and Highgate announced the sale of the Scottsdale Plaza Resort and Villas, a historic hotel in Paradise Valley,...
Pyramid Global Hospitality Shares U.S. Portfolio Expansion
BOSTON, Massachusetts, and THE WOODLANDS, Texas—Pyramid Global Hospitality announced the expansion of its U.S. portfolio with the addition of properties from Florida to Hawaii....