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Striking hotel workers urge Congress to address resort fees | USA 2024 - 0 views

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    DOZENS OF STRIKING hotel workers arrived in Washington on Sept. 23 to meet with Congress members, urging action against hotel resort fees. More than 4,000 workers are striking at Hilton, Hyatt and Marriott hotels in Honolulu, San Diego and San Francisco, vowing to continue until new contracts are secured. Many of the workers traveled from these strike-affected cities, according to UNITE HERE, the union representing hotel, casino and airport workers across the U.S. and Canada. The union is lobbying against legislation backed by hotel corporations that would limit states' ability to regulate resort fees. Hotel workers argue that resort fees, along with COVID-era service and staffing cuts, undermine the hospitality that guests expect. The workers' visit included a briefing for congressional staff, hosted by Sen. Bernie Sanders. "We're here because guests and workers share a common goal - we want hotels to reverse COVID-era cuts, protect guests from resort fees, and refocus on providing the best possible hospitality," said Gwen Mills, UNITE HERE's president.
asianhospitality

FTC Finalizes Rule to End Hotel Junk Fees | Transparency in Hospitality 2024 - 0 views

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    THE FEDERAL TRADE Commission finalized a rule on Tuesday requiring industries, including hotels, to disclose all fees upfront in advertised prices. The rule bans hotels from excluding resort fees, often labeled "junk fees," from advertised rates for short-term lodging. It takes effect 120 days after publication in the Federal Register. The rule mandates businesses to prominently display the total price to prevent "bait-and-switch tactics, such as drip pricing and misleading fees," the FTC said in a statement. Outgoing President Joe Biden said he has always prioritized families and hardworking Americans and urged his administration to focus on lowering costs. "Today, the Federal Trade Commission is doing just that by banning hidden junk fees when you book a hotel or purchase event tickets," Biden said. "We all know the experience of encountering a hidden fee at the very last stage of checkout-these junk fees sneak onto your bill, and companies end up making you pay more because they can. Those fees add up, taking real money out of the pockets of Americans."
asianhospitality

Noble Group partners with Host Hotels & Resorts to explore new opportunities - Asian Ho... - 0 views

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    REAL ESTATE INVESTMENT management firm Noble Investment Group partnered with Host Hotels & Resorts to tap and expand travel, leisure and hospitality opportunities, a statement said. As part of the initiative, Host will invest $150 million as a limited partner in an existing Noble investment vehicle and provide Noble with first-look at select-service and extended-stay hotel opportunities sourced through Host's channels. Host also will become a minority investment partner in Noble's fee-based asset management business, according to Noble's press release. "As we continue to expand our institutional investment management platform, this strategic partnership further augments Noble's ability to develop, source, and execute innovative growth strategies in travel, leisure, and hospitality," said Mit Shah, Noble's CEO. According to the statement, the partnership will combine Noble's operational expertise and development acumen with Host's scale, market insights, data analytics, and breadth of resources. They aim to source differentiated investment strategies including property technology solutions, development, and alternative lodging.
asianhospitality

Wyndham's net income, pipeline growth recovering after failed Choice bid | USA 2024 - 0 views

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    WYNDHAM HOTELS & RESORTS is quietly bouncing back after Choice Hotels International's failed takeover bid. The company reported a net income of $86 million for the second quarter ending June 30, a 22.8 percent increase from $70 million the previous year. Wyndham's global pipeline grew 7 percent year-over-year, with a 5 percent increase in the U.S. alone. Its net income increase was driven by higher adjusted EBITDA, a benefit from the reversal of a spin-off matter and a lower effective tax rate, Wyndham said in a statement. "The resilience and highly cash generative nature of our business model was once again on full display this quarter," said Geoff Ballotti, Wyndham's president and chief executive officer. "Amid a normalizing domestic RevPAR environment, we delivered strong adjusted EBITDA driven by net room and ancillary fee growth. We awarded 33 percent more hotel contracts domestically which grew our development pipeline to a record 245,000 rooms, and drove significant increases in our U.S, international and global royalty rates. Year-to-date, we've returned over $250 million to shareholders, representing 4 percent of our beginning market capitalization this year."
asianhospitality

White House hosts briefing on small business initiatives for AAHOA members - 0 views

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    AAHOA MEMBERS ATTENDED a virtual briefing hosted by the Biden-Harris Administration on Wednesday, addressing issues affecting small businesses and providing an update on the current economic landscape. Senior administration officials discussed federal efforts to support small business owners, including access to SBA loans, supply chain improvements, and transparency around resort and junk fees impacting the industry. Officials included White House Senior Advisor for Public Engagement Kota Mizutani; SBA Deputy Administrator Dilawar Syed; Special Assistant to the President for Economic Policy Karlin Gatton; and Special Assistant for Manufacturing and Industrial Policy Monica Gorman of the National Economic Council. "As highlighted by our speakers, a huge thank you to the members of the Asian American Hotel Owners Association and all the business leaders working to keep our economy running," said Mizutani. "Thank you for all you do."
Alisha Paul

Travel Guides Australia - 47 views

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    Online guide for Australia tours and travel. Find out about places to visit in Australia, things to do, accommodation, attractions, events, hotels and much more
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    Looking for an adventure? The Grand Canyon is not just about breathtaking views. It's filled with exciting activities and hidden treasures. From stunning hikes to unique spots, there's something for everyone. Whether you want thrills or a peaceful escape, you'll find it here. Check out our list of cool things to do and see during your visit! Read More: https://www.tripistia.com/destinations/north-america/united-states/things-to-do-and-see-in-grand-canyon-national-park/
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