Asset Management Tax Provision in "One Big Beautiful Bill"

Summary As of July 2025, the American Hotel Association's latest updates highlight significant trends and policy changes within the industry. Key industry movements include the continued integration of sustainable practices and technology-enhanced guest experiences. There is also an emphasis on workforce development to address current labor shortages. Policy updates discuss the tax reforms introduced in the “One Big Beautiful Bill,” including the extension of bonus depreciation allowances and modifications to deductions for qualified business income. Best practices focus on enhancing customer service through digital innovation and sustainability initiatives, aiming to improve both operational efficiency and guest satisfaction.