Hotelier Weekly
September 21, 2017

AAHOA News
Registration for 2018 AAHOA Annual Convention & Trade Show Now Open
  
The world’s largest hospitality convention and trade show will take to the nation’s capital in just a few short months. From March 27-30, thousands of hotel industry professionals and vendors will convene to make the types of connections that maximize business potential. If you have not already registered, now is the time. You do not want to miss out on this year’s dynamic speaker slate, robust education sessions, endless networking opportunities, great food and entertainment options, and expansive trade show floor featuring hundreds of vendors. Members who register between now and Dec. 1, 2017, will be entered to win a four-night stay at the Gaylord National Resort and Convention Center during #AAHOACON18—and lock in early-bird pricing at the same time. 
2017 Red Roof Brand Conference Coming Up Soon
The Sheraton New Orleans Hotel will host the 2017 Red Roof Brand Conference, Sept. 24-26. Among numerous networking opportunities and education sessions, the conference will feature a Forum for Leadership for Women Entrepreneurs. The 90-minute session, lead by Dr. Lalia Rach, an internationally known business consultant and speaker, will focus on pathways to success through operational leadership. Red Roof Inn’s Chief Marketing Officer Marina MacDonald provides a little more insight on the forum in a Hotel Management profile. AAHOA will host a brand alliance meeting on Sept. 26 during the event. It’s a great opportunity to join the AAHOA officers and Red Roof Inn brand executives to learn more about the AAHOA/Red Roof partnership.
 
SVN Hotels
BDK America
AAHOA in the News
AAHOA Applauds Senate Testimony Supporting Like-Kind Exchanges
  
Jeffrey DeBoer, president and CEO of The Real Estate Roundtable, urged a Senate tax committee this week to protect Section 1031 like-kind exchanges when writing the tax reform bill. Promoting and protecting like-kind exchanges has been a key priority for AAHOA for several years because the tax provision promotes growth and job creation. AAHOA President and CEO Chip Rogers called DeBoer’s testimony illuminating. 
Lodging Industry Execs Push Congress to Take Action on Joint Employer Issue
  
AAHOA President and CEO Chip Rogers joined Robert Cresanti, president and CEO of the International Franchise Association, and Katherine Lugar, president and CEO of the American Hotel and Lodging Association, in penning a new op-ed for The Hill that urges Congress to take quick action on the joint employer issue. The bipartisan bill, the Save Local Business Act, would restore the traditional joint employer standard that business owners and workers have understood for decades. 
SBA Lending Depot, LLC
Supplyworks
Events and Happenings
  
Hotel ROI Atlanta: Leverage Assets for Maximum Returns
Hotel ROI is a fast-paced education series built to inform, inspire and provide actionable insight that hoteliers can take and apply to their businesses right away. Hotel ROI will take place next at the Crowne Plaza Atlanta – Midtown on Sept. 27. Local market experts will focus on critical issues, like problems that could be eating into your bottom line, and provide usable data that will help you drive profits upward. Hotel ROI will wrap up the six-city tour in Charlotte, N.C., on Oct. 11. Don’t miss out. Register today! 
Mid Atlantic Regional Coming Up Soon
There is still time to pre-register for the free Mid Atlantic Regional Conference & Trade Show, which will be held at the Crowne Plaza Philadelphia in Cherry Hill, N.J., on Sept. 28. Expect more than 90 hotel and hospitality vendors, an excellent opportunity to network, and two quick-fire, info-packed education sessions. At 2 p.m., an education session aimed at young professionals will cover generational succession planning, which will be immediately followed by a quick education session on human resources best practices for hiring and retaining associates. As a special incentive, lifetime members who attend will receive a free Nike golf shirt. Dinner will be served; register today!
 
Upcoming Town Halls
  
Join us for one of these upcoming town hall meetings for AAHOA updates, a short education session and industry info that every hotelier needs to know.
Ferguson Enterprises
Gerber Plumbing Fixtures, LLC
AAHOA Education
Hotel Industry Analytics Training & Certification Coming Up Soon
  
Hotel professionals seeking to become certified in hotel industry analytics will be able to do so in a couple weeks. In partnership with the American Hotel & Lodging Educational Institute, the International Council on Hotel, Restaurant and Institutional Education, and STR, AAHOA is pleased to offer members-only access to an exclusive training program that results in Certification in Hotel Industry Analytics (CHIA). CHIA is primarily geared toward revenue managers, general managers and research professionals. It is the only hotel-related certification for industry professionals focused on analytics. Core content areas include: hotel industry analytical foundations, hotel math fundamentals, property level benchmarking and hotel industry performance reports. The onsite training will take place Oct. 3-4 in Little Rock, Ark., at the Holiday Inn Little Rock Conference Center. There are only 10 seats left; register today.
  
Upcoming Webinar: Partnerships vs. Corporations: Why Does it Matter?
Thursday, Sept. 25, 2017, 2:00-2:25 p.m. EDT
When it comes to safeguarding your bottom line, it is important for hotel owners to understand the distinction between a partnership and a corporation. This webinar will take an in-depth look at the pros and cons of each—in particular the tax implications involved—to help you choose the right entity structure.
Upcoming Webinar: Sink or Swim: Pool Safety and Compliance
Tuesday, Sept. 26, 2017, 1:00-1:25 p.m. EDT
Guests love pools, but do you know everything you need to know to stay out of the deep end? Along with an overview of general pool rules, this webinar will cover safety, equipment usage, record keeping, and important regulations to help protect your guests and your business.  
Upcoming Webinar: The Market Downturn – How You Can Brace for It
Tuesday, Sept. 26, 2017, 3:30-3:55 p.m. EDT
Once a potential guest arrives on your website, give them every reason to check rates and ultimately complete a reservation. Hear four best practices to help drive conversions and learn the one thing that only you can offer to secure business that the OTAs cannot.
Upcoming Webinar: Financing Beyond the Bank
Thursday, Sept. 28, 2017, 1:00-1:25 p.m. EDT
Are you looking to refinance or purchase a hotel and want to explore non-recourse options outside of your local bank? Please join our webinar on how to use alternative refinancing and acquisition financing to minimize risk, maximize cash flow, and grow your business. 

In the Market
  
AAHOA partners with SunTrust Robinson Humphrey (STRH) to provide members-only access to comprehensive analysis of current economic and market metrics for the hospitality industry. These complimentary reports offer detailed insight on the impact of these metrics for hotel owners across the country. Stay ahead of the competition with this week’s reports.  


This report provides a close look at how the holiday and calendar shifts will impact weekly STR results.

STRH is a leading, full-service corporate and investment bank dedicated to helping its customers successfully manage and grow their companies through a comprehensive range of strategic advisory, capital raising, risk management, financing and investment solutions.

United Insurance Agencies
Aries/Conlon Capital
Featured Club Blue Member

Learn more about Chase.

Featured Platinum/Silver Member
Featured Member Benefit

 

  • Leading HR Solution provider for the hotel industry
  • Preferred pricing for AAHOA members
  • Exclusive deals and discounts for TriNet clients

DIRECTV Hospitality / AT&T Business Solutions
Industry News
IHG Launches New Avid Brand to Attract Midscale Travelers, Developers
  
Hotel Management
IHG revealed the name of its new midscale brand, avid™ hotels, alongside a brand logo and renderings of the hotel exterior, public space and guest rooms. First introduced to owners at the IHG Americas Conference in June, avid hotels is franchise ready, officially marking the start of licensing in the U.S.
How the Return of Convention Hotels will Affect Demand
  
Hotel News Now
Development for large, meetings-oriented, full-service hotels is back, and bigger than ever. Eight new meetings-focused hotels are set to open in 2018, which is as many as the last three years combined. Many factors are driving the sudden surge in growth, such as localized market conditions and the new properties themselves, which are expected to stimulate new demand. 
7 Elements of Hotel Brands Built to Endure
  
Skift
The hotels that have stood the test of time all have a few things in common: lasting appeal, a reliable customer base, and an enduring integrity. Find out how hotels can last despite a disposable, digital consumer culture and continuous online price wars.
Baywood Hotels
Today's Hotelier: In Case You Missed It
Are my Property Tax Assessments Accurate?
  
Fact:  Sixty percent to 70 percent of property tax assessments are incorrect. Chances are yours are too.
Why:  A tax assessor’s job is obtaining tax funds, not accuracy. They seldom review property in detail. Assessors really don’t know what your hotel is worth. They use an average value based on other property sales. Assessors are not appraisers. They lack the skills and time to value your hotel accurately.
Sustainability in the Laundry Starts with Knowing Where Inefficiencies Reside
  
Occupancy sensors in rooms, CFL and LED lighting, and linen re-use programs are just a few of the ways properties in this industry are displaying their commitment to sustainability. Implementing a similar focus on sustainability in the laundry room can deliver equally significant savings. The trick is identifying where to focus your attention.
Staying Ahead of the Curve
  
Today’s Hotelier recently spoke with Diego Lowenstein, CEO of Lionstone Development, about the evolution of luxury properties, how to appeal to female business and leisure travelers, and why it’s essential for hotels to customize the guest experience.
 

 

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