5 Ways Tax Reform Will Boost the Hotel Industry

  • August 29, 2018

This is part of an ongoing series on hospitality financing by Sundip Patel, CEO, AVANA Capital.

 

After months of speculation, tax reform is a done deal. The final tax bill reduces corporate tax rates, modifies or eliminates a variety of itemized deductions, changes the taxation of foreign income, and limits the number of tax brackets.

If the stock market is any indication, these changes will be a boon for businesses. The stock market surged to record highs last week, with business leaders expressing, optimism over tax reform.

To read more about how the hospitality market could benefit from tax reform, see the full article published in Hospitality Trendz magazine. Click to view full article.

Sundip Patel, CEO
Sundip Patel is a visionary entrepreneur whose journey embodies resilience and a deep commitment to social impact. Immigrating from Zambia as a child, his early experiences instilled in him a lifelong dedication to financial equity and community empowerment. He earned an MSc in Social Business & Entrepreneurship from the London School of Economics and Political Science and an MBA from the University of California, Irvine, and holds CPA and CMA licenses. Sundip is a lifelong member of YPO. Read more…

About AVANA Companies:
AVANA Companies (AVANA), founded in 2002, is an asset management platform aimed at building capital for a better tomorrow by stimulating economic growth, creating jobs, and contributing to sustainable projects. Headquartered in Arizona, USA with regional offices in Bahrain and Saudi Arabia, AVANA serves small businesses, entrepreneurs, institutional and retail investors, and credit unions in these markets. AVANA provides private credit commercial real estate loans through AVANA Capital, AVANA CUSO, Ezdaher.sa and LendThrive™. AVANA also offers private credit commercial investment opportunities to institutional and individual investors through AVANA Fund and EqualSeat™.