Trump presents his plan to Congress

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."