President Barack Obama has announced his nomination of Penny Pritzker, CEO of Pritzker Realty Group and heiress to the Hyatt hotel fortune, as head of the Commerce Department. Various groups in the travel and hospitality industries have voiced their approval of the nomination. "As a result of her family's creation of the Hyatt brand and her own investments of time and capital in the expansion and growth of the lodging industry, she brings particularly valuable insights on the issues of importance to hoteliers in this country," said AH&LA President and CEO Katherine Lugar.

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