Market Snapshot
Saturday, Sep 19Lending Reform ·AAHOA lobbied Congress to double SBA loan limits from $5 million to $10 million while pushing for swipe fee reforms in Washington.
👁Access Tech ·Dormakaba acquired hospitality software firm Alliants to integrate hardware locking systems directly with mobile keys and contactless check-in platforms.
↑Extended Stay ·Kautilya Group signed a five-property deal to introduce Studio 6 Plus to the Northeast, expanding the brand's footprint to 25 hotels.
↑India Expansion ·Indian Hotels Company Limited partnered with Setupuram Hotels to build a Taj resort across a 70-acre beachfront parcel in Rameswaram.
↑Our reporting
written from multiple sources
Hotel Payroll Compliance Tightens Under US and UK Mandates
New statutory sick pay rules, tip consultation duties, and expanding US state leave laws force hospitality operators to overhaul wage calculations.
Written from 3 sources
Dallas and Atlanta Lead U.S. Hotel Pipeline to 2028
Lodging Econometrics reports Dallas tops total hotel construction while Atlanta is forecast to lead new property openings in 2028.
Written from 3 sources
Gironde Hotel Losses Hit €2M to €5M Weekly After Fires
Saumos wildfire triggers mass cancellations across coastal Gironde as weekly hotel revenue shortfall mounts.
Written from 2 sources
IDILIQ Converts Majorca Hotel into Wyndham Branded Units
IDILIQ Group targets sub-€300,000 buyers by repositioning Majorca's Hotel Cecilia into 110 Wyndham-flagged tourist residences.
Written from 2 sources
Marriott and 1 Hotels Expand US Luxury Footprint
Marriott plans Ritz-Carlton residences in Brooklyn as 1 Hotels debuts inside Texas' tallest skyscraper.
Written from 1 sources
World Cup Drives 60% Revenue Jump for Host City Rentals
Short-term rentals across 11 U.S. host markets saw June revenues leap 60% year over year, led by Miami and markets with permissive regulatory regimes.
Written from 2 sources
The wire
7 stories todayEverything else worth knowing, summarised and linked to the original.
AAHOA Lobbies Congress to Double SBA Loan Limits to $10M
During its D.C. advocacy conference, AAHOA leaders urged lawmakers to raise SBA loan limits and enact reforms addressing…
finance
asianhospitality.com
·
Dormakaba to Acquire Alliants to Expand Digital Guest Tech
Access control leader dormakaba has announced the acquisition of hospitality software firm Alliants to unite locking sys…
technology
asianhospitality.com
·
Kautilya to Develop Five Studio 6 Plus Hotels in Northeast
Kautilya Group has signed an agreement to develop five new-construction Studio 6 Plus properties, marking the extended-s…
operations
asianhospitality.com
·
Algonquin Hotel Completes Phased Renovation of Guestrooms
New York's historic Algonquin Hotel, Autograph Collection, has finished a multi-year phased renovation covering all gues…
operations
Lodging Magazine
·
IHCL Partners with Setupuram to Develop Taj Resort
Indian Hotels Company Limited has signed a new Taj resort on a 70-acre beachfront site in Rameswaram, Tamil Nadu. Develo…
finance
asianhospitality.com
·
Thind Management to Open 92-Room Staybridge Suites in Texas
Thind Management is opening the 92-room Staybridge Suites Spring – The Woodlands Area in late September after completely…
operations
asianhospitality.com
·
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