Trump says $5m 'gold card' immigration visas will 'sell like crazy'
President Donald Trump has unveiled plans for selling a "gold card" visa for $5m (£3.9m) that will offer wealthy buyers permanent residency in the US and a path to citizenship.
President Donald Trump has unveiled plans for selling a "gold card" visa for $5m (£3.9m) that will offer wealthy buyers permanent residency in the US and a path to citizenship.
After months of contentious negotiations with the hotel industry, the New York City Council overwhelmingly approved a bill on Wednesday aimed at improving safety at hotels for workers and guests.
Newly retired hospitality icon Eric Danziger, who may be best remembered as the only CEO of Trump Hotels who wasn’t a Trump family member, recently spoke with LODGING about his career climb from Fairmont San Francisco bellman to CEO of Starwood Hotels, Wyndham Hotel Group, and, of course, Trump Hotels. However, as he mentioned while sharing his “success story,” it was his fortunate track record of growing companies that prompted the Trumps, among others, to tap him to undertake many of the challenges he described.
Among many other things, it is clear that Maria Zec is loyal, trustworthy, humble, collaborative, meticulous and goal-oriented – many of the traits that drive a great hotelier needs to succeed.
Through the normal course of operations, there are myriad legal issues hoteliers must navigate to protect themselves.
The Meyer and Jabara families have been in business together for more than 45 years. That partnership, which spans three generations, is thriving today through Meyer Jabara Hotels, a privately-owned hotel ownership and management company. Justin Jabara, president of Meyer Jabara Hotels, says that the company has a meaningful ownership stake in approximately two-thirds of its portfolio while it manages the other third on behalf of family office, private equity, developers, or other asset classes coming into the hotel space. LODGING checked in with Jabara during this year’s Lodging Conference to discuss the family business, the trends he’s seeing, and his outlook for the year ahead.
After years of being completely dormant, the federal EB-5 Immigrant Investor Program is back with new funding that opens up a new path to relatively low-cost financing for commercial real estate developers.
Justin Knight has been a part of the American Hotel & Lodging Association’s (AHLA) Executive Committee for three years and has served on the Board of Directors for twice as long. Knight, who is CEO of Apple Hospitality REIT, Inc., was recently named chair of the 2022 AHLA Board of Directors. His dedication to hospitality dates back to his graduate school days when he began working shifts at a Homewood Suites near Salt Lake City that was owned by Apple Suites, a company Knight’s father launched in 1999. “Over a period of months, I did everything from cleaning rooms to serving breakfast to folding laundry to working the front desk—and I got amazing exposure to the hotel industry that way,” Knight recalls. “When I graduated from the Marriott School of Business at Brigham Young University, I came back and joined Apple Suites as one of the initial employees. The rest is history.”
The Biden administration's broad workplace vaccine mandate was put on hold by the U.S. Supreme Court, and legal experts say signs point to the mandate ultimately being struck down.
Recently unsealed documents from the District of Columbia Attorney General’s 2019 lawsuit against Marriott allege that the company and its self-managed resorts make tens of millions from resort fees every year.
Hoteliers in several U.S. cities have had to quickly adapt to new COVID-19 vaccination or testing requirements over the past few weeks.
In July, President Biden issued an executive order that included a call to make consumer-friendly changes in the travel industry. We asked experts to weigh in on the prospects for change.
Provisions within the vaccine mandates announced by the Biden administration will affect employers across the U.S. hotel industry, but the exact details of these mandates aren’t available just yet.
Restarting business and international travel was a “top priority” of the Biden administration, according to Commerce Secretary Gina Raimondo. Speaking on a virtual forum conducted by the American Hotel & Lodging Association, Raimondo said the department would soon announce a package of $750 million in aid to the US travel and tourism industries.
There could be fewer hotel real estate investment trusts in the next year or so, and public-to-private transactions are more likely than public-to-public transactions in the current environment, sources said.
A new president is headed to the White House in January, and travelers should expect to see changes under a Joe Biden administration, from who's allowed into the country to infrastructure improvements to help for laid-off and furloughed travel industry workers.
Jon Taffer is known for his bombastic style as the host of "Bar Rescue" on Paramount, but he's donning a softer persona in his efforts to help the hospitality industry recover from the COVID-19 pandemic.
America's hoteliers forcefully answered a call to action by AAHOA, sending more than 10,000 letters to Congress and the Trump administration as part of the "10,000 Letters, One Purpose" campaign.
Airlines, hotels and other travel-related businesses are trying desperately to urge Congress to act on a new relief plan in the wake of mass layoffs.
A group of 14 travel industry leaders asked President Donald Trump and top members of Congress Monday to expand coronavirus testing as a way to revive the country's struggling travel sector.