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| March 22, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
AAHOA News
The 2024 AAHOA Elections process is completely online via your smartphone. To participate in the voting process, you'll need to ensure:
Take two minutes today to confirm your eligibility and update your email and mobile number on MyAAHOA.com.
DID YOU KNOW?
2024 AAHOA ELECTIONS INFOGRAPHIC, VIDEO, & FAQ
Check out the FAQ page for more information. Get ready to participate in the 2024 AAHOA Elections!
The stage is set; drum roll, please! 🎉
🌟 Here are the contenders for this year's AAHOACON24 Tech Pitch Competition, Co-Powered by HFTP!
8) Wizehire
After reviewing numerous innovative entries, these talented finalists have emerged, ready to showcase their groundbreaking ideas for hotel owners in almost every facet of operations. Get ready to witness creativity, innovation, and passion collide as they compete for the coveted title of this year's Tech Pitch winner!
Be sure to check out this year's competition during AAHOACON24, from 3:30 to 5 p.m. on Thursday, April 4 in room W224, and support these trailblazers as they redefine the future of hospitality tech!
Just released, the AAHOACON24 app contains all the info you need to navigate the convention as easily as possible, including registration, agendas, speakers, Trade Show exhibitors, info for electronic voting, and so much more!
AAHOA's HerOwnership and HYPE Networking Reception at STATS Brewpub during the 2024 Hunter Hotel Investment Conference was a night of meaningful connections and opportunities. Industry professionals, including AAHOA Officers, gathered to support and mentor the next generation.
Attendees engaged in dynamic conversations, fostering valuable connections. Additionally, Chairman Bharat Patel and AAHOA President & CEO Laura Lee Blake participated in insightful panels during the conference, emphasizing the association's commitment to industry advancement.
This event exemplified the power of collaboration and set the stage for a brighter future in hospitality.
AAHOA Advocacy in Action
Featured Content
The credentialing process, which verifies your identity to cast your ballot in the 2024 AAHOA Elections, began on March 1 and closes NEXT FRIDAY, March 29. This 28-day window is the ONLY opportunity you'll have to complete this important step. If you do not complete the credentialing process within the specified timeframe, you WILL NOT be able to participate in the 2024 AAHOA Elections.
Your participation and talent are vital to AAHOA's success. Apply to serve on a committee and help shape the future of the organization.
April 12: Ambassador Application Deadline
The participation and talent of our dynamic membership is vital to AAHOA's success. If you want to make a difference for AAHOA Members and the hospitality community, we encourage you to apply to serve as an AAHOA Ambassador.
HerOwnership
Step into the spotlight at AAHOACON24 with our electrifying session: "Expert Insights: Navigating Ownership Decisions." This exclusive event, tailored for women owners and those aspiring to join their ranks, is your gateway to the world of hotel ownership.
Presented by Women Own the Room, in collaboration with HerOwnership, this is your chance to seize the reins of your destiny. No two journeys to hotel ownership are alike, and this session promises to unravel the mysteries of finding your perfect path.
What type of hotel is right for you? Will you self-manage or hire a management company? What is your experience level, and will you seek partners?
Join us for the 3rd annual Women Own the Room event at AAHOACON24 from 2:30-3:30 p.m. on Thursday, April 4, and be part of the transformational experience that awaits!
Member Testimonial
AAHOA Education
Calling all Independent Hoteliers!
There's an exclusive workshop and reception at this year's convention tailored to your needs from 1:30-5:30 p.m. EDT on Tuesday, April 2.
About the workshop
But wait... there's more!
There are more than 20 other sessions of interest to Independent Hoteliers at AAHOACON24. Also, be sure to check out the Vendor Spotlight Sessions and the AAHOA Garage, which will take place at the Trade Show on Wednesday and Thursday.
AAHOA in the News
Featured Club Blue Member
New Orleans-based Gauthier, Murphy & Houghtaling Law has had a leading role in litigation that has shaped the civil landscape in the U.S. for more than 50 years. Their attorneys have extensive experience representing clients in many areas, including business litigation, natural disaster litigation, class actions, insurance disputes, and more and have secured hundreds of billions of dollars (yes, with a "B") in verdicts and settlements for their clients. Check out their website to see how they can help with your legal needs.
Featured Platinum/Silver Partner
Our mission at Bookit N Go is to make affordable travel services to customers and to deliver pleasurable travel experiences that are seamless from end to end. We offer hasssle-free travel services from the moment you start planning your vacation. We made the search and booking process simpler and stress-free as it ought to be.
Featured Member Benefit
AAHOA is proud to collaborate with Kennesaw State University to establish the Michael Leven and Lee Dushoff AAHOA Scholarship for Compassionate Leadership. This annual scholarship will support students seeking an undergraduate degree in hospitality management. For more on the qualifications and how to apply, please call 470-578-2206. To make a tax-deductible contribution to the scholarship endowment, please click here.
Industry News
Based on recently released research for 2023 as a whole, the top 20 U.S. markets are reporting 100% recovery for group business bookings, compared against 2019 statistics, with half of those markets reporting 110% or more increases.
(Source: Knowland Research)
In a move closely watched by industries and labor groups in numerous U.S. markets, the city of Long Beach, CA, is expected to vote to incrementally raise the minimum threshold for hotel workers to $29.50 by the time of the 2028 Olympics in Los Angeles.
(Source: Capital & Main)
Today's Hotelier - In Case You Missed It
In the Market
Truist Securities reports, “Overall U.S. RevPAR was -3.5% y/y for the week ending 3/16/2024, per STR, below the prior week's result of -2.8% y/y and below the trailing 10-week average of +0.6%. Last week’s results were again soft at the headline on seemingly a clean y/y comp. There was widespread weak results for Luxury and lower-rated hotels but particularly soft on Resort (-14% RevPAR) and Economy (-8%). We view a tough y/y leisure comp continuing to drag late 1Q results. Vegas results were also materially down y/y (-41%) which could be from the y/y timing of group events. The relative outperformance was from big city Urban travel; particularly Group. Upscale RevPAR: +0.4% y/y; Upper Midscale RevPAR: -1.8% y/y.”
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AAHOACON24 | April 2-5
