Market Value of Hotels Owned by AAHOA Members Totals Nearly $40 billion

Tuesday, March 01, 2005

"According to the Asian American Hotel Owners Association (AAHOA), a premier hospitality organisation, Indian American hoteliers own more than 20,000 hotels, which have one million rooms representing over 50 percent of the economies' lodging properties and nearly 37 percent of all hotel properties in the United States." The market value of hotels owned by AAHOA members totals nearly $40 billion. AAHOA members create over one million jobs. Read the full article here.

In addition to serving the equipment leasing industry, GCR Capital also works with many hoteliers to help them with their furniture, fixtures and equipment (FF&E) purchases and upgrades.

One of the organizations that we are proud to be members of is AAHOA. AAHOA, American Hotel Owners Association, is a premier hospitality organization and we are looking forward to being with them at their event in Ft Lauderdale, Florida in March 2005. We hope to see you there.