AH September 2025

Cover Story

News

LENDINGCON’25

Product Feature

20 | Tailor made fin tech on the rise

General accounting apps fall short, developers say

5 | Trump’s tariff shock, Modi’s

swadeshi call

U.S. imposes 50 percent tariff on India, threatening

economic outlook

6 | Trump reviewing 55 million visas

More than 6,000 student visas revoked this year for

violations

7 | Federal per diem rates stay flat for

FY 2026

This is the first year in five that GSA has not raised

the rates

Survey: Hospitality drops most jobs in

June

The sector’s quit rates remain above the national

average

8 | Report: CMBS delinquency, CapEx

dip slowing recovery

Limited-service hotels are at particular risk if

trend continues

9 | CoStar, TE cut growth projections

on slowing demand

Forecast calls for stability as trade talks conclude,

BBB takes effect

10 | G6, THLA expand franchise

support in Texas

The company also is expanding its U.S. footprint

with Galaxy

11 | Peachtree’s FL development gets

EB-5 approval

It raised $47 million in construction financing for

the project

15 | More than 900 attend LendingCon

2025

Speakers addressed impact of tariffs on the economy

25 | The business of lobby retail

Hotels add retail to drive revenue and serve guests

Gujarati translation of top stories begins on page 28

Gujarati translation of top stories begins on

page 29

On The Cover

Financial technology developers say

accounting software that is purpose-built

for hotels offers more complete service,

and brokers are using the technology to

improve hotel sales.

13 | Study: Brands, loyalty programs see

decade of growth

RevPAR grew 1.8 percent CAGR in 2019–2024 from

2014–2019

14 | Report: OYO eyes $7-8B IPO filing

in November

It plans a new parent brand identity to unify its

portfolio

India’s Prestige secures $325M IPO

approval

Marriott-managed keys make up 9 percent of the

group’s portfolio

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September 2025 | Issue 240

Design

18 | Be smart about it

Inaugural LivSmart Studios opens in Tennessee