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› Business Coalition Submits Landmark Signature Total to LA City Clerk to Repeal $742 Million Gross Receipts Tax
Business Coalition Submits Landmark Signature Total to LA City Clerk to Repeal $742 Million Gross Receipts Tax
2026-02-20 18:01:25| Hotel Resource
A broad coalition of business and hospitality leaders today submitted over 79,300 signatures to the Los Angeles City Clerk to qualify a repeal of the citys Business Gross Receipts Tax (GRT) for the November 2026 ballot.
Category:
Hospitality
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47-Key Former Econo Lodge Junction Sold to Texas City-Based Buyer
2026-02-20 17:56:45| Hotel Resource
HVS Brokerage & Advisory has completed the sale of the 47-key former Econo Lodge Junction, located at 111 Martinez Street, Junction, Texas 76849.
Category:
Hospitality
U.S. Hotel Industry Reports Year-Over-Year Gains for Mid-February
2026-02-20 17:53:56| Hotel Resource
U.S. hotels posted higher occupancy, rates, and revenue for the week ending Feb. 14, 2026, with Los Angeles and San Diego showing the strongest growth among major markets.
Category:
Hospitality