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Miraj S. Patel becomes youngest chairman in AAHOA’s history

NRI PULSE STAFF REPORT

Orlando, FL, April 8, 2024: The Asian American Hotel Owners Association (AAHOA) appointed Miraj S. Patel, MBA, CHO, CHIA as the Chairman of the AAHOA Board of Directors for the term 2024-25. Patel is the youngest individual to hold this position in the association’s 35-year history.

The announcement came at the conclusion of the 2024 AAHOA Convention & Trade Show held in Orlando, FL, which witnessed a record-breaking number of exhibiting vendors and nearly 6,500 attendees. Patel, a second-generation hotelier with a rich background in hospitality, expressed his gratitude and commitment upon assuming his new role.

“It is an honor to serve America’s hotel owners as the newest AAHOA Chairman,” Patel remarked. “I am committed to helping solve some of the industry’s toughest challenges with simple and straightforward solutions and to putting our members at the center of every decision we make.”

Patel’s journey in the hospitality industry began at a young age, growing up in his family’s initial 30-room independent property. His dedication to the field led him to volunteer service at AAHOA, eventually culminating in his election to the AAHOA Board of Directors in 2019 as the Young Professional Director for the Western Division.

“Serving as the youngest Chair in the association’s history further demonstrates AAHOA’s commitment to fostering the growth and success of the next generation,” Patel emphasized. “I’m always encouraging young professionals not to let age determine success. If you never try, you’ll never know what you’re capable of achieving.”

Currently serving as President of Wayside Investment Group, a Texas-based firm specializing in lodging and hospitality real estate investments, Patel brings a wealth of experience and leadership to his new role. Beyond his professional endeavors, he is deeply involved in various industry associations and charitable organizations, embodying a spirit of giving back to the community.

Laura Lee Blake, President & CEO of AAHOA, congratulated Patel on his appointment, expressing confidence in his ability to lead the association forward. “Miraj has an incredible passion for serving the industry and members of AAHOA,” she stated. “We look forward to working under his leadership to continue to advance the industry and position AAHOA as the only true voice of hotel owners in the nation.”

In his concluding remarks, Patel reiterated his commitment to shaping a future that addresses the needs and challenges of today’s hotel owners. “I am where I am today because of AAHOA, and it’s incredibly reassuring to know the same is true for so many other AAHOA Members,” he affirmed.

AAHOA is the largest hotel owners association globally, representing member-owned properties that constitute a significant portion of the U.S. economy. With 20,000 members owning 60% of the nation’s hotels, AAHOA plays a pivotal role in the hospitality industry. The association’s mission is to advance and protect the business interests of hotel owners through advocacy, industry leadership, professional development, member benefits, and community engagement.

April 9, 2024
AI Play Impacts Key Stocks: Buy Signals Imminent
In 2024, Artificial Intelligence is sort of a tide that lifts all boats. The AI bandwagon isn’t solely impacting key tech shares like Microsoft (MSFT) and ServiceNow (NOW) but in addition guaranteeing that gamers like Martin Marietta, XPO Logistics, and Axon Enterprise are getting the deserved investor consideration, mentions Tradingbiz analyst Rahul Nambiampurath.

“While the outperformance of NVIDIA in 2024 doesn’t require any validation, the darkish horses have been shares like Medtronic and Stryker, highlighting the position of AI adoption in healthcare,” mentions Rahul.

Promising AI-Driven Stocks

MSFT, NVIDIA, and ServiceNow are among the better-known gamers within the AI area and may need a restricted quantity of steam left in them, particularly in the long term. Rahul has studied the market and picked a handful of gamers that may nonetheless shock the merchants, together with their year-to-date performances:
- Palantir Technologies (PLTR): Up 38.58%
- Intuitive Surgical (ISRG): Up 17.35%
- Upstart Holdings (UPST): Down 36.44%
- Darktrace (DARK.F): Up 24.59%
- C3.ai (AI): Down 12.46%
- Exact Sciences (EXAS): Down 4.80%
- Martin Marietta (MLM): Up 26.15%
- XPO Logistics (XPO): Up 50.99%
- Axon Enterprise (AXON): Up 23.16%
Despite the shares buying and selling excessive and low, in comparison with the 2023 ranges, AI utilization makes them fascinating sufficient.

Underrated Players

Rahul believes that Darktrace PLC is among the many extra underrated gamers to flash purchase alerts. The firm makes use of AI for risk detection, making it a reputable low-cost inventory for traders. Besides Darktrade, Martin Marietta (MLM) can also be buying and selling sturdy, regardless of hailing from the Construction and Materials Industry.

MLM chart: TradingView

MLM goals to make use of predictive analytics, automated processes, and market intelligence to make a compelling case to traders. Chart-wise., MLM is flashing a robust purchase sign, courtesy of the shrinking Bollinger bands. A breach above the higher trendline of the ascending wedge can push the costs in direction of the $648 mark.

XPO each day chart: TradingView

Seaport Research has additionally hiked the value expectation of MLM to 670 from 520, a degree that aligns with Rahul’s evaluation.

Besides MLM, XPO seems to be poised for a surge to $140+, pushed by Rahul’s evaluation and Brian Ossenbeck’s — Analyst J.P. Morgan — evaluation. XPO Logistics is utilizing AI to optimize its provide chain administration system.
Neel Achary
April 9, 2024
Is Charlie Beatty Canada’s Rising Star in Freestyle Skiing?

Photo by John Robert-Nicoud:

In the world of freestyle snowboarding, a younger Canadian athlete is making waves and turning heads together with his unimaginable expertise and willpower. Charlie Beatty, born in 2007, has rapidly turn out to be probably the most promising stars in the game, together with his sights set on representing Canada on the 2026 Winter Olympic Games.

Beatty’s journey started on the age of two, when he first strapped on a pair of skis at his native hill, Horseshoe Resort. What began as a bonding exercise with household and associates quickly become a real ardour for the younger skier. As his confidence grew, Beatty discovered himself drawn to the terrain park, the place he may categorical his creativity and push his limits.

By the age of 5, Charlie Beatty was already competing in native occasions, and his pure expertise was evident from the beginning. However, that path to success was not with out its challenges. At eight years outdated, he suffered a devastating damage, tearing his proper ACL and forcing him to take a six-month hiatus from the game he beloved. This setback solely served to strengthen his resolve and solidify his dedication to snowboarding.

Charlie Beatty returned to the slopes with renewed vigor and willpower. By the age of 11, he was competing at national-level occasions, and in 2019, he was topped Junior National Champion in each slopestyle and halfpipe.

Off the slopes, Beatty is equally dedicated to giving again to the group that has supported him all through his journey. His household organizes an annual “Shred Cancer” ski and snowboard occasion at Horseshoe Resort, which has raised over $25,000 for his or her native hospital, Royal Victoria Regional Health Centre (RVH). When he’s not coaching or competing, Beatty volunteers his time as an MC at ski competitions and engages in public talking at native colleges and daycares, inspiring the following technology of skiers to pursue their desires.

In 2022, on the age of fourteen, Beatty’s exhausting work and expertise have been acknowledged when he was chosen to affix the NextGen program on the Canadian Slopestyle and Big Air Team. This alternative allowed him to coach and compete alongside his snowboarding idols, an expertise he describes as “fairly unreal.”

Beatty’s profession highlights embrace successful first place on the 2023 NorAm occasion in Copper Mountain and taking gold in slopestyle on the Junior World Championships in New Zealand. These achievements have earned him a private spot on the World Cup circuit, bringing him one step nearer to his final purpose of representing Canada on the 2026 Winter Olympic Games.

As Beatty continues to make his mark on the world of freestyle snowboarding, he has gained the eye and help of a number of essential sponsors who imagine in his potential. One of his main sponsors is Anson Funds, a privately held alternative asset management company with workplaces in Toronto, Canada, and Dallas, Texas. Led by Moez Kassam, Anson Funds acknowledges Beatty’s expertise and has chosen to help him on his journey to the highest of the rostrum.

With his sights set on the 2026 Winter Olympic Games, Charlie Beatty is a reputation to recollect in the world of freestyle snowboarding. His ardour, dedication, and unimaginable expertise have already earned him a spot amongst Canada’s most promising younger athletes. As he continues to push the boundaries of what’s doable on the slopes, there is no such thing as a doubt that Charlie Beatty will encourage a brand new technology of skiers to comply with in his footsteps and pursue their desires with the identical willpower that has pushed him to his success thus far.

Neel Achary

April 9, 2024
Ranjit Naiknavare On The Eve Of Gudi Padwa

CREDAI Pune Metro’s President Ranjit Naiknavare

PUNE: Tomorrow being a very auspicious day, we are expecting an increased number of bookings. Many flat purchasers who have decided to invest in properties eagerly wait for Gudi Padwa to book their homes. Our members have geared up to cater to tomorrow’s day.

April 9, 2024
Ranjit Naiknavare On The Eve Of Gudi Padwa

CREDAI Pune Metro’s President Ranjit Naiknavare

PUNE: Tomorrow being a very auspicious day, we are expecting an increased number of bookings. Many flat purchasers who have decided to invest in properties eagerly wait for Gudi Padwa to book their homes. Our members have geared up to cater to tomorrow’s day.

April 9, 2024
Ranjit Naiknavare On The Eve Of Gudi Padwa

CREDAI Pune Metro’s President Ranjit Naiknavare

PUNE: Tomorrow being a very auspicious day, we are expecting an increased number of bookings. Many flat purchasers who have decided to invest in properties eagerly wait for Gudi Padwa to book their homes. Our members have geared up to cater to tomorrow’s day.

April 9, 2024
Omega Seiki Mobility leads e-3W L5 cargo sales in March 2024 • EVreporter

Omega Seiki Mobility (OSM) has emerged as the leader in electric cargo L5 sales for March 2024, outperforming competitors such as Mahindra Last Mile Mobility and Piaggio by a sizeable margin. Mr Uday Narang, the Founder of Omega Seiki Mobility, attributed this sales performance to catering to various customer segments, including B2B, B2C, and B2G, with a diverse range of vehicles offering features such as swappable batteries, fixed batteries, and fast-charging capabilities. He mentioned that many prospective sales converted into successful transactions in March 2024, similar to their exceptional sales performance in March 2023.

In March 2024, OSM sold 2069 L5 goods EVs, followed by the Mahindra Last Mile Mobility (1860 vehicles) and Piaggio (644 vehicles).

Electric L5 Cargo Sales data for March 2024

Data Source: Vahan Dashboard | Data as of Apr 2, 2024

Electric vehicles are increasingly making their presence felt and are tying for the top sales among all vehicles irrespective of the fuel type, especially in the 3W L5 Auto segment. In Mar 2024, the overall penetration of EVs for passenger 3W autos was 24.3%, and for cargo 3W autos, it was 45%. As seen from the table below, almost all top cargo 3W sellers across fuel types have a sizeable share of EVs in their sales.

Data Source: Vahan Dashboard | Data as of Apr 2, 2024

Electric L5 Pax Sales data for March 2024

Data Source: Vahan Dashboard | Data as of Apr 2, 2024

Data Source: Vahan Dashboard | Data as of Apr 2, 2024

On fundraise

Regarding funding, OSM has so far relied on internal sources, including financing from the Anglian Omega Group, which has a longstanding presence of 55 years. Mr Narang, who has prior experience as a hedge fund manager in the US and Europe, emphasized their intention to seek funds only through long-term strategic partnerships, reflecting an open but cautious approach towards fundraising.

Focus for upcoming months

– OSM’s plans for fiscal year 2024-25 include a heightened focus on passenger L5 vehicles. An imminent launch of a passenger L5 vehicle featuring fast-charging capabilities is also in the works.

– Additionally, they plan to introduce the E-4W good carrier M1KA, which is due to undergo homologation at iCAT. To ensure competitiveness against rivals like Tata ACE EV, OSM has revised its vehicle design and pricing strategy.

Check out the EVreporter Data Portal for comprehensive insights into India EV sales | City-wise, category-wise, OEM-wise

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April 9, 2024
Meet Venkatraman Umbalacheri Ramasamy, A Luminary Orchestrating Innovation in Retail Technology

The significance of retail technology is not new to anyone. It serves as the cornerstone for driving efficiency, enriching customer experiences, and fuelling growth in the retail sector. In this bustling domain, Venkatraman Umbalacheri Ramasamy emerges as a luminary, orchestrating innovation and efficiency with a rich tapestry of experiences spanning over 14 years, Ramasamy has carved a niche for himself in the domains of omni-commerce, advertising, and marketing.

Quest for Innovation

Ramasamy is among those few professionals who are willing to go beyond their limited professional responsibilities and bring about extraordinary changes that profoundly impact not only their organizations but also enhance the end-user experience. Throughout his extensive career, Ramasamy has consistently spearheaded innovative projects across various domains, including e-commerce and advertising technology. His significant contributions have left a lasting impact on the industry, reflecting his steadfast dedication to advancing retail technology. He says “I firmly believe that true innovation stems from a willingness to step outside the confines of routine and embrace the unknown. It’s about daring to push boundaries, challenge conventions, and ultimately, create something that leaves a lasting impact on both the industry and the lives of those we serve.”

Navigating the Road to Retail Excellence

Ramasamy’s professional saga unfolded as a Project Engineer at Wipro Technologies in Kochi, India then he went on to work with a few of the globally recognized organizations like Litmus 7 and Walmart. During his high-achieving tenure in these organizations, he contributed to sculpting multi-tenant application platforms for major retailers like ASDA, enhancing and customizing eStore and CSC platforms to fit ASDA’s Groceries business model to introducing functionalities such as In-store Pickup and Self-Service Refunds. He also implemented Preview functionality for the French Beauty and Personal Care retail giant Sephora.com. He also played a crucial role in enhancing site capabilities for future dates and empowering teams with projects like bulk order cancellation.

The super user-friendly and quick e-commerce platforms that we see today are the result of tireless efforts given by experts like Ramasamy. His dedicated work at Walmart-Samsclub has facilitated the organization’s transition from a monolithic ATG eCommerce setup to a more agile microservices architecture. Ramasamy’s innovative creation has revolutionized the industry, setting new standards for scalability and flexibility. Additionally, his development of robust systems like CMS and PIM has made content and product management seamless for both the organization and end users. His crucial contribution in designing and implementing a payment gateway to centralize the payment functionality for e-commerce, ensuring PCI compliance and security. Ramasamy’s expertise in cloud technologies has played a crucial role in ensuring a smooth transition to the Azure cloud, enhancing security measures and compliance standards for the benefit of both the organization and its customers. Through his adept utilization of cloud-native fundamentals and technologies like Docker, Kubernetes (K8S), and various Platform as a Service (PaaS) frameworks, Ramasamy has significantly optimized the organization’s infrastructure, paving the way for enhanced efficiency and innovation in the digital realm.

Moving on to Marketing and Advertisement technology advancements, Ramasamy streamlined architectures and automated workflows, which brought significant advancements for the organization and end users alike. His work on omni-channel attribution reshaped sales analytics, providing valuable insights by correlating online ads with offline purchases. Furthermore, his implementation of various ad formats not only drove revenue and traffic but also enhanced the overall user experience. Ramasamy’s establishment of data processing frameworks like Airflow, Spark and Dataproc ensured efficient data management, leading to improved decision-making processes and ultimately benefiting both the organization and its customers. This helps to streamline the process, advocates quality and reduces errors and manual efforts. Establishing Single Source Of Truth and System of Record patterns

Professional Achievements

Ramasamy’s contributions have earned him global recognition. He serves as a judge in esteemed awards like the Stevie American Business Awards and Globee Cybersecurity Awards, underscoring his eminence in the field. Additionally, his affiliation as a senior member of IEEE underscores his commitment to professional excellence. . He has also shared his knowledge in an insightful article in IRJMETS which explores the impact of Generative Artificial Intelligence (GenAI) in enhancing retail operational systems.

Ramasamy’s expertise extends beyond Walmart – Samsclub, shaping industry standards with AI and ML. His journey from education to esteemed organizations embodies innovation in retail tech. Determination and commitment drive his endeavors, reshaping the retail landscape. His work elevates the retail experience ensuring excellence and advancement in the field.

April 9, 2024
Eid Bank Holiday April 2024: When and in which states will banks remain closed on Eid-ul-Fitr? know

Eid Bank Holiday April 2024: When and in which states will banks remain closed on Eid-ul-Fitr? know

Eid al-Fitr financial institution vacation: According to the checklist of holidays of the Reserve Bank of India (RBI), banks in some states will remain closed on Thursday on the event of Ramzan-Eid (Eid-ul-Fitr). Note that the start of Eid al-Fitr relies upon on the sighting of the crescent moon, which marks the start of the month of Shawwal, which is the tenth month in the Islamic (Hijri) calendar.

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