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Hotel Associations Congratulate Trump on Historic Return | Pro-Business Advocacy - 0 views

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    DONALD TRUMP WILL return to the U.S. presidency for a second, non-consecutive term in January, making him the first to do so since Grover Cleveland. Hotel associations such as AAHOA and the American Hotel & Lodging Association were quick to offer congratulations. In September, both groups were in Washington, D.C., to advocate for legislation important to the industry. Some of the proposed legislation that AHLA is supporting include: The Closing the Workforce Gap Act would replace the arbitrary annual cap of 66,000 available H-2B temporary visas with a new, needs-based system. Extending a pass-through tax deduction, 199A, which is set to expire in 2025 and provides tax relief to franchisees and other hotel small businesses. Maintaining the like-kind exchange, section 1031, which allows hoteliers to defer capital gains taxes when they sell one property if they roll the proceeds into the purchase of a larger one. According to AHLA, the exchange helps create new jobs and contributes to economic growth. The Hotel Fees Transparency Act and the No Hidden FEES Act would establish a single and transparent standard for mandatory lodging fee display and an even competitive playing field for hotels, short term rentals, online travel agencies, and metasearch sites.
asianhospitality

Trump backs H-1B visa program - 0 views

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    PRESIDENT-ELECT DONALD TRUMP joined billionaire Tesla founder Elon Musk in supporting the H-1B visa program despite opposition from some of Trump's base. Meanwhile, hotel associations, including AAHOA and the American Hotel & Lodging Association are pushing to replace the 66,000 annual cap on H-2B visas with a needs-based system. Trump, who restricted H-1B visas during his first term, told The New York Post that he now supports the program. "I have many H-1B visas on my properties. I've been a believer in H-1B. I have used it many times. It's a great program," he said. Despite his statement, Trump has rarely utilized the H-1B program, which allows skilled workers, such as engineers, to work in the U.S. for up to six years. Instead, his companies have frequently relied on the H-2B visa program for unskilled workers, such as gardeners and housekeepers, and the H-2A program for agricultural workers. These visas allow stays of up to 10 months.
asianhospitality

Trump presents his plan to Congress - Asian Hospitality - 0 views

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    PRESIDENT DONALD TRUMP laid out his plan for the nation in his first address to Congress on Tuesday since beginning his second term on Jan. 20. AAHOA was the first industry group to commend his commitment to the American Dream, even as markets reacted negatively to his rapid moves on the economy, immigration and foreign policy amid federal restructuring, strained alliances and trade uncertainty. Trump's statement, "The American Dream is unstoppable," resonates deeply with AAHOA members-entrepreneurs, small business owners, and job creators in hospitality, the association said in a statement. U.S. extended-stay hotels finished 2024 strong after a slow start, with supply, demand and room revenue growth outpacing the industry, while ADR and RevPAR remained positive but gained momentum later in the year, according to "President Trump's proposals are the tax reforms our industry needs," said Miraj Patel, AAHOA chairman. "That's why AAHOA will be in Washington, D.C., on March 11 to 12 to advocate for these critical measures. We look forward to engaging with lawmakers to ensure America's hotel owners are heard. Tax relief and pro-business policies are essential to keeping the hotel industry strong."
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