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MORE WEALTH AMONG 1.5 billion people in India is driving a surge in new travelers with increased disposable income, creating significant demand for hotel rooms across the subcontinent, according to HotStats. This demand spans all asset classes, making it both easier and more challenging for developers and operators to determine what to build and operate. HotStats' latest blog reveals that India's hospitality sector is poised for growth due to its expanding economy, population and market performance. "India mirrors China's growth from 20 years ago, but a key difference emerged when India recently surpassed China as the world's most populous nation," wrote Tareq Bagaeen, HotStats' senior consultant. "While China's population is set to drop below one billion in the coming decades, India will continue growing, reaching 1.7 billion in 30 years. With a growing economy and strong market performance, India's hospitality sector is primed for growth."

The population of whales is decreasing in large numbers every year. There are various factors which contribute to death of whales and several environmentalists are deeply worried about this issue.

The population of whales is decreasing in large numbers every year. There are various factors which contribute to death of whales and several environmentalists are deeply worried about this issue.

Here is the may 3rd report for bird population seen this season with San Juan Cruises

Here is the may 3rd report for bird population seen this season with San Juan Cruises

West Palm Beach is the most populous city of Palm Beach County lying in South Florida. Situated along the seaside of Atlantic Ocean, West Palm Beach inherits a wide amount of potential resources that tourists can entertain here. People can easily understand why this city are named the 11th best summer vacation destination by U.S. News & World Report due to many amazing and exciting things in Downtown West Palm Beach, beautiful streets along the sands of Atlantic Ocean, great variety of parks, clubs, and bars. Things to do in West Palm Beach seem to be never ended.

Map of turkey Provides information on travel and population of turkey also get the enlarge view of Turkey Map with maps pictures related to turkey outline map, mineral map, outline map, location and political maps.

MapsofWorld brings to you Philippines Map- outline map, political and location map of Philippines along with Culture, Economy, Religion, Weather, Profile, Flag, Facts, People of Philippines, Population, Music and Dance, Country Profile, Country Map, Climate Map, Detailed Philippines Map.

Beijing Map, the capital of China and one of the most populous cities of the world, gives a glimpse of the city showing major landmarks, tourist places, roads, rails, airports and hotels, etc.

Bezirk Oberpullendorf is a district of the state of Burgenland in Austria. The district of Oberpullendorf has been populated since the Neolithic age. All the information for tourist and travellers who are planning to Visit Mattersburg in Austria. Get all the information and list of all sightseeing Places to visit in Mattersburg.

NEWBOND HOLDINGS HAS acquired Aloft Tampa Downtown in Tampa, Florida, marking its third downtown riverfront hotel investment in the city in 24 months. This takes the company's total to more than 700 hotel rooms and more than 800 ft. of frontage along the Hillsborough River, Newbond said in a statement. Niel Luthra is the founding partner of New York-based Newbond Holdings. The 130-key hotel, located on the Riverwalk, provides both indoor and outdoor amenities, featuring a waterfront pool, gym, corporate meeting and event spaces, as well as a bar and lounge, the statement added. Newbond is planning a comprehensive hotel renovation to include all guestrooms, public areas and the pool deck. "Our third hotel investment in downtown Tampa since 2021 demonstrates our conviction in the long-term Tampa growth story," said Neil Luthra, founding partner of Newbond. "Tampa's robust job and population growth; flourishing convention and tourism business; and continued institutional investment have created one of the strongest real estate and hospitality markets in the country."

ATLANTA-BASED BANYAN Investment Group has completed the sale of the 112-room Holiday Inn Express & Suites Bluffton at Hilton Head Area in South Carolina, to Trishul Hospitality, the company said. The transaction, for an undisclosed amount, generated a 24 percent internal rate of return and a 3.3x equity multiple for Banyan. "We purchased the Bluffton Holiday Inn Express & Suites back in 2014 with the idea that this South Carolina coastal submarket was poised for long term growth. We were confident Bluffton would evolve into a tourist destination, aided by its proximity to several year-round destinations such as Hilton Head Island, South Carolina; Savannah, Georgia; and Charleston, South Carolina," said Samir Yajnik, principal and EVP of investments, Banyan Investment Group. "Our underwriting and research at that time proved to be correct given Beaufort has become the fastest growing town in Beaufort County, South Carolina, with its population having grown by more than 124 percent in the last decade.

THE AMERICAN HOTEL & Lodging Association convened hotel and sustainability leaders in Washington for the second annual "Responsible Stay Summit" on Feb. 28, reaffirming the industry's dedication to environmental sustainability. The summit was part of AHLA's 2022 Responsible Stay initiative and focused on energy efficiency, waste reduction, water conservation, and responsible sourcing, AHLA said in a statement. The summit addressed environmental, social, and governance strategies, federal energy policy, and green financing, while offering crucial support to hoteliers in their sustainability efforts, the statement added. This year's summit featured two announcements: AHLA and the Hotel Association of Canada unveiled a partnership to oversee the Green Key Global sustainability certification program in the U.S. and Canada starting April 1. Additionally, AHLA and Procure Impact launched a Dignity of Work Pledge, aiming to generate 100,000 hours of paid employment for underserved populations, thereby promoting responsible sourcing practices.

THE AMERICAN HOTEL & Lodging Association and Procure Impact, a B2B marketplace supporting marginalized communities, have introduced the "Dignity of Work Pledge" aiming to provide 100,000 paid employment hours for overlooked populations. Hospitality firms such as Davidson Hospitality Group, Pyramid Global Hospitality, Sage Hospitality Group, CoralTree Hospitality, Atrium Hospitality, Pacific Hospitality Group, Modus Hotels, and 21c Museum Hotels have committed to this initiative. Together, these hotels manage over 110,000 rooms nationwide, AHLA said in a statement. Procure Impact's B2B marketplace offers companies the chance to source responsibly and fulfill social impact objectives. "We believe the hospitality sector is uniquely positioned to harness its purchasing power to create unique and meaningful guest experiences and change millions of lives in the process," said Lauren McCann, Procure Impact's founder and CEO. "We are excited to partner with so many pioneers in hospitality who are building spaces and places grounded in belonging and purpose through the products that they feature and purchase."

THE "DIGNITY OF Work Pledge," launched by the American Hotel & Lodging Association and Procure Impact, a B2B marketplace for overlooked communities, led 23 hospitality companies to commit more than $7.4 million to create 100,000 hours of paid employment for individuals facing work barriers. The companies are increasing purchases from vendors on Procure Impact's platform and regularly reporting progress on AHLA's Responsible Stay website. "As part of our Responsible Stay initiative, we at AHLA are pleased to support these hospitality companies in caring for guests and uplifting their communities while achieving responsible sourcing and community impact goals," said Kevin Carey, AHLA's interim president and CEO. "The strong participation in the Dignity of Work Pledge reflects the hospitality industry's commitment to compassionate service." Procure Impact connects businesses with products made by U.S. vendors employing overlooked populations, including people with disabilities, refugees, veterans and those affected by poverty, mental health challenges, homelessness, trauma, incarceration and addiction, AHLA said in a statement.

THE U.S. SUPREME Court overturned a lower court ruling that found Grants Pass, Oregon's ban on outdoor sleeping on public lands violated the constitution's prohibition of cruel and unusual punishment. AAHOA expressed concerns over the ruling in the case that could push the homeless population into hotels. Previously, the U.S. Ninth Circuit Court held that enforcing city ordinances banning outdoor sleeping did violate the Eighth Amendment's Cruel and Unusual Punishments Clause "whenever the number of homeless individuals in a jurisdiction exceeds the number of 'practically available' shelter beds," according to the Supreme Court ruling. This led to several lawsuits against cities filed by homeless advocates, including one against Grants Pass that led a district court to file an injunction prohibiting the city from enforcing the ordinance. The Supreme Court overturned the district court's holding, saying the city's punishments for violations, including fines in first offenses and imprisonment for multiple violations, did not meet the Eighth Amendment's definitions of cruel and unusual. That ruling has an immediate impact on cities and counties in Oregon and other Western states, according to Oregon media.

PEACHTREE GROUP RECENTLY acquired its sixth hotel property structured as a Delaware Statutory Trust, the 90-key Home2 Suites by Hilton St. Augustine in the greater Jacksonville, Florida. This is the third DST offering to close this year. The company's DST hospitality acquisitions provide opportunities for 1031 exchange investors to reinvest proceeds from the sale of appreciated real estate, defer taxes and maintain an allocation in the hotel sector, Peachtree said in a statement. "With its premier location along the I-95 corridor, strong population growth in the surrounding area and St. Augustine's rich historical and cultural appeal, this property is a natural fit for our DST portfolio," said Tim Witt, Peachtree's president of 1031 exchange and DST products. "This extended-stay hotel is well-positioned to meet the needs of leisure and business travelers alike, offering a blend of modern convenience and comfortable accommodations."

FLEXIBLE SUPPLIER CONTRACTS and cost-effective cloud solutions provide homegrown mid-segment hotel brands in India a competitive edge over international counterparts, according to a recent study by Hotelogix, a cloud-based hospitality technology provider. The paper notes that Indian brands understand local culture and traditions better than international ones. Hotelogix's whitepaper, The Rise and Rise of India's Home-grown Mid-segment Hotel Brands, revealed that domestic mid-segment brands control about 60 percent of India's total branded rooms. These brands are leveraging management contracts and franchise models as growth strategies, gaining an edge over international chains. Also, homegrown brands with smaller inventories can expand rapidly in cities with populations between 10,000 and 99,999, where 80 to 85 percent of demand is domestic, making it difficult for international brands to establish operations.