BROTHERS-IN-LAW Baldev Thakor and JD Deva, after nearly three decades, are handing control of the company they founded, Charlotte, North Carolina-based Maya Hotels, to their children Parimal Thakor and Krishna Deva. Parimal is the new president, concentrating on development and capital projects and Krishna will assume the role of company CEO, managing operations and financial performance across the organization. Baldev and JD will retain the title of founders and will continue to play an active strategic advisory role within the company, the statement added. They incorporated Maya Ho ..read more

INDEPENDENT HOTELS RECEIVE favorable deals via the global distribution system, according to HotelREZ Hotels & Resorts. Reservations through the GDS rose by 34.5 percent over the past year, with a 4.2 percent increase compared to pre-pandemic levels in 2019. Direct booking maintained high growth rates, increasing by 22.5 percent in 2023 compared to 2022 and strengthening by 80.2 percent against its pre-pandemic standing, said HotelREZ Hotels & Resorts in its recent Independent Accommodation Insights report. GDS reservations surged by 51.2 percent compared to a decade ago in 20 ..read more

Two Red Roof hotels recently opened: The dual-branded Red Roof Inn Richmond and HomeTowne Studios by Red Roof Richmond, Virginia, are now open, alongside HomeTowne Studios by Red Roof Cortland, New York. The Richmond property is owned by Jay Sahajanad, LLC, and HomeTowne Studios in Cortland is owned by NY Hospitality LLC, with Haman Anand as its president and managing partner. Virginia’s dual-branded property HomeTowne Studios Richmond offers 49 rooms for extended stays, while the adjacent Red Roof Inn Richmond provides 59 rooms and is pet-friendly. Both propertie ..read more

Signature Inn Winnemucca in Winnemucca, Nevada, is now open. The 40-room upper-economy hotel, owned by Narinder Mall, features an outdoor pool. The hotel is situated near the Winnemucca Golf Course, Humboldt Museum, casinos, and Interstate 80. “We are excited to open our doors as a Signature Inn,” said Mall.  “The city of Winnemucca is an ideal location to operate a Signature Inn, as the half-way point between Salt Lake City and San Francisco along Interstate 80. We look forward to travelers experiencing the property’s retro design.” Sonesta has eight Signature Inn locations acr ..read more

OVER THE PAST four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility department expenses increased from 2.9 percent of total revenue in 2019 to an estimated 3.3 percent in 2023. As hotels have struggled to recover from the pandemic, any rise in cost ratios is an area of concern for owners and operators. The good news is that the pace of growth appears to be slowing down. Year-over-year growth rates for utility expenditures have declined on a dollar per-available-room basis from a high of 21.4 percent in 2022 to an estimated ..read more

અમેરિકન હોટેલ એન્ડ લોજિંગ એસોસિએશન, અમેરિકન ફેમિલીઝ એન્ડ વર્કર્સ એક્ટ માટે ટેક્સ રાહત, H.R. 7024 માટે સમર્થન એકત્ર કરવા માટે રાષ્ટ્રવ્યાપી “ટેક્સ ડે ઑફ એક્શન” ઝુંબેશનું નેતૃત્વ કરી રહ્યું છે. એસોસિએશને તેના 30,000 થી વધુ સભ્યોને બિલને ઝડપથી પસાર કરવા માટે સમર્થન મેળવવા માટે તેમના સેનેટરોનો સંપર્ક કરવા હાકલ કરી હતી. AHLA ..read more

યુ.એસ. સેનેટે નેશનલ લેબર રિલેશન્સ બોર્ડની જોઇન્ટ એમ્પ્લોયર સ્ટેટસની અંતિમ વ્યાખ્યાને અવરોધિત કરવા માટે મત આપ્યો. તેણે ગૃહે આવું જ બિલ પસાર કરી ચૂક્યુ હોવાના આધારે આ મત આપ્યો હતો. પ્રેસિડેન્ટ બાઇડેન બિલને વીટો કરે તેવી અપેક્ષા છે, પરંતુ NLRB સંયુક્ત એમ્પ્લોયર નિયમના વિરોધીઓ, જેમ કે અમેરિકન હોટેલ એન્ડ લોજિંગ એસોસિએશન (AHLA)દાવો કરે છે કે સેનેટનો ઠરાવ “હોટેલીયર્સ માટે જીત” હતો. હાઉસે જાન્યુઆરીમાં NLRB નિયમ વિરુદ્ધ તેની કોંગ્રેસનલ રિવ્યુ પસાર કર્યા પછી, ટેક્સાસના પૂર્વીય જિલ્લા યુએસ ડિસ્ટ્રિક્ટ કોર્ટે પણ NLRB નિયમને અવરોધિત કરતો આદેશ જારી કર્યો. AHLA એ NLRB ..read more

APPROXIMATELY 83.83 PERCENT OF respondents from the “Spring 2024 Industry Outlook” survey believe that RevPAR will return to U.S. hotels as a whole no later than 2025, according to the Hospitality Asset Managers Association. Also, the surveyed members maintain a positive outlook on the industry for the near to mid-future, despite the current volatile atmosphere. The semi-annual report reflects the updated opinions, experiences, and predictions of nearly 70 hotel asset managers, covering topics from overall economic concerns to RevPAR forecasts, HAMA said in a statement. “While there ..read more

THE AMERICAS STAND out as the sole global region to register a year-over-year surge in pipeline activity by the close of the first quarter, according to CoStar. Furthermore, the U.S. leads in room construction within the region, with approximately 156,525 rooms underway. The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March data.  Approximately 156,525 rooms are under construction in the U.S., reflecting a 1.5 percent increase, CoStar data showed. Additionally, there are approximately 263,316 rooms in final pl ..read more

THE AMERICAN HOTEL & Lodging Association is spearheading a nationwide “Tax Day of Action” campaign to gather support for H.R. 7024, the Tax Relief for American Families and Workers Act. The association called on its more than 30,000 members to contact their senators to garner support for the swift passage of the bill. The legislation provides tax breaks for the hotel industry, fostering new investments and hiring, crucial for maintaining competitiveness during economic uncertainty, AHLA said in a statement. The bill, introduced by Jason Smith, Republican senator and House Ways and Means Co ..read more