Hotelier Weekly
July 27, 2017
AAHOA News
Homegrown. Unique. Freedom. Personality. Innovation. If these words speak to you, it might be because you’re an independent hotel owner, or interested in becoming one. And if that’s the case, you will not want to miss out on AAHOA’s upcoming Independent Hoteliers Conference. With a tradeshow, education sessions and networking opportunities designed with the independent hotelier in mind, this is a can’t-miss opportunity for anyone with an interest or stake in independent hotel ownership. The event will be held at the Hyatt Regency in Dallas on Monday, July 31. There’s still time to register. Visit AAHOA.com for more details.
 
  
As the Dallas Cowboys take to training camp in preparation for the fall season, North Texas Regional Director Mayur (Mike) Patel is leading the charge at the North Texas Regional Conference this Tuesday. It’s a great opportunity to learn more about what’s happening in the market locally, catch up on local business and market trends, network and look into new products and services that could boost business in a big way. As a special incentive, lifetime members who attend the regional will receive a free Nike golf shirt. Don’t miss out: Register today!
  
HOTEL BUSINESS® magazine and RLH Corporation will co-host their annual roundtable discussion at the Hotel RL Baltimore next week. AAHOA Chairman Bhavesh Patel has been invited to sit on a panel of esteemed industry peers and experts to discuss emerging brands. The roundtable is part of the magazine’s National Roundtable Series, and will be featured in the September 2017 (Top 100 Owners and Developers) issue of the magazine.
SVN Hotels
BDK America
AAHOA in the News
Today, members in the U.S. House of Representatives introduced a monumental bill that will rewrite the legal definition of joint employment. If this bill is enacted, only businesses with direct control over another company’s employees can be classified as a joint employer. This is a major victory for both the small business and franchise community.
 
  

President Trump recently issued an executive order to set up a 15-member infrastructure advisory council under the Commerce Department.

Azim Saju, and other AAHOA members, hosted Representative Ted Yoho (R-FL) for a back-of-the-house tour and roundtable discussion last week. At this event, Florida hoteliers showed Yoho the daily responsibilities of operating a hotel and discussed important labor and workforce issues. This was the most widely attended back of the house tour in AAHOA’s history.
 
Events and Happenings
  
Hotel ROI Chicago is now Hotel ROI Midwest-Chicago. The updated program is more expansive and includes market updates for the entire Midwest. Pre-register today to get ahead of the competition with operation tips and best practices straight from the pros, exclusive market data, and real plans that can be used to set hotel assets up for financial success. Pre-register with promo code HM199 for an exclusive member discount.
Inder Sharma, a serial entrepreneur in the IT and hospitality industries and known for founding Hotel.com, will discuss his newest venture, HotelBids.com, and what the value it brings for hotel owners today, and what it could mean for the future of the industry. IHC is slated to take place in Dallas on July 31. Event registration is still open. Don’t miss out on this unique opportunity!
 
  
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.

SBA Lending Depot, LLC
Supplyworks
AAHOA Education
AAHOA held its second How to Form a Management Company workshop in Chattanooga, Tenn., earlier this week. The two-day event covers all the major elements required to create a hotel management company; this workshop concluded with a tour of Vision Hospitality Group’s home office where Mitch Patel, CEO, and Reggie Piercy, senior vice president of operations, provided a Q&A session at Vision University. Since it was launched last October, it has become one of AAHOA’s most popular education offerings. Feedback received on the value and usefulness of the content was positive. Stay tuned for details on the next offering of this course.
 
  
The AAHOA CHO program, the only hotel owner certification program offered in the U.S., is a nine-module course that provides a comprehensive overview on hotel ownership, strategic management and operations. The event will be held July 31-Aug. 4. Register online at www.aahoa.com.
Tuesday, Aug. 1, 2017, 1:00-2:00 p.m. EDT
Join CHOC chairman and AAHOA member, Azim Saju, on Aug. 1 at 1 pm EDT for a legislative and regulatory issues webinar. This webinar will focus on several crucial public policy issues facing hotel owners today, including tax reform, the ongoing problem of the National Labor Relations Board’s "joint employer" ruling and the progress toward reissuing the Department of Labor’s new overtime regulation.
 
Wednesday, Aug. 9, 2017, 3:00-3:25 p.m. EDT
As a small business owner, you play an important role by creating jobs and investing in your local community. When issues arise that impact your business, you should take advantage of the methods available to voice your concerns and spread awareness in your community. In this quick and informative session, you will hear from AAHOA's Director of Government Affairs Communication, Brandon VerVelde, about how to better advocate for your business and your brand by submitting LTEs. 
Wednesday, Aug. 15, 2017, 3:30-3:55 p.m. EDT
Are you looking to get a better understanding for reporting of revenue and expenses in the lodging industry? Join us for the Uniform System of Accounts for the Lodging Industry (USALI). During Part 1 you will gain an understanding of how USALI was developed, an overview of the USALI revenue and expense categories, and how USALI impacts hotel owners and operators.

In the Market
  

As a new, regular component of Hotelier Weekly, each week will feature a comprehensive summary and analysis of current economic and market metrics for the hospitality industry. The  report offers detailed insight on the impact of these metrics for hotel owners across the country. Stay ahead of the competition with this week’s report.  

The data is provided courtesy of SunTrust Robinson Humphrey (STRH), 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.

Ferguson Enterprises
Gerber Plumbing Fixtures, LLC
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Skytouch Technology
Aries/Conlon Capital
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Industry News
Hotel Business
TripAdvisor has introduced a new mobile management center experience for hoteliers, making it simpler to access and update listings from anywhere, at any time. TripAdvisor measured usage of mobile devices and found that a significant number of accommodation partners were accessing their TripAdvisor listings via mobile. The team sought to make it easier to access critical information by integrating the management center directly into the company’s native iOS and Android apps.
 
  
By Danielle Hess, Hotel News Now
Some people dream of a wedding by the ocean, and that’s why hoteliers in places such as Jamaica,  Florida and Mexico work with their staff and outside vendors to make the destination wedding experience flawless. From marketing techniques to working with planners and vendors, experts at oceanfront hotels weigh in on their methods for hosting destination weddings on-property.
By David Gernon, CNBC
A once-in-a-lifetime solar eclipse is providing a great business opportunity for hotels and airlines, who are looking to cash in on the event — the first of its kind since 1918. Many hotel chains, including Marriott International, are offering packages to travelers who are heading to cities in the path of the eclipse, which will follow a southeastern route from Oregon to South Carolina on Aug. 21.
 
Waterford Hotel Group
DISH - EVOLVE
Today's Hotelier: In Case You Missed It
By Rushi Shah, Today’s Hotelier
Looking under the hood at the mechanics will help dispel common myths and misconceptions about commercial mortgage backed securities (CMBS). This article will give you a clearer understanding of how the lenders’ and investors’ requirements benefit you, the borrower, and ensure you don’t miss out on what could be the most viable financing option for your hotel’s long-term success.
 
  
By Andrew Gould, Today's Hotelier
To consumers, hotels are symbols of convenience. If you travel 500 miles for a sporting event, you pay for a hotel room because it’s convenient. Does your hotel meeting space evoke that same feeling of convenience from business professionals? The answer most likely depends on the technology in your meeting spaces.
Larry Mogelonsky, Today’s Hotelier
There is only one aspect of your property that you absolutely cannot change — your physical address. Renovate, replace staff, add new operations, re-flag or re-brand, it makes no difference; you are where you are! Your location is uniquely yours, so why not make the most of it? When a guest arrives — especially for the first time — they rarely have the in-depth knowledge of your neighborhood to go about on their own without any guidance. While nowadays there are numerous online resources that can give visitors a broad overview, your guests will nevertheless want your help in discovering what truly makes your area special.
 
  
Support your customers during the Diwali season. Join us in this edition of Today’s Hotelier, which mails right before the festival of lights. View our media kit today.

Thank you for supporting your association! 
Baywood Hotels
 

 

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