The world’s largest hotel investment conference kicks off in a couple of months (Jan. 22-24) at the JW Marriott & Microsoft Theater in Los Angeles. Americas Lodging Investment Summit (ALIS)
speakers and panelists will discuss a wide variety of topics regarding hotel investment, development and acquisitions. Technology will be a big focus this year. On Tuesday, Jan. 23, AAHOA President & CEO Chip Rogers will moderate a panel discussion on franchise strategies. ALIS Law, which focuses on current legal matters of interest to hotel owners and operators, will take place just before ALIS (Jan. 21-22) at the Residence Inn and Courtyard Los Angeles. While ALIS covers issues and opportunities related to buying, selling and building hotels, ALIS Law
focuses on legal issues that owners and operators face after the deal closes. To register, visit alisconference.com
Hotelier Weekly will not run next Thursday (Nov. 23). We are making some updates and changes to the layout and content during the holiday week, and will start anew the week after. We’d love to hear what you think! To send feedback about the newsletter and what we can do to improve, email email@example.com
AAHOA will host its final Certified Hotel Owners (CHO) program of the year
, Nov. 27-Dec. 1 in Kansas City, Mo. The 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.
Friday, Nov. 17, 2017, 1:00-1:25 p.m. EDT
Are your housekeepers as particular as your guests? Do they know what details to focus on and how to balance quality with efficiency? The cleanliness of the guest room is a key value driver for your hotel, which leaves no room for error. To ensure you never miss an opportunity to provide an exceptional guest experience, this webinar will provide a systematic approach to cleaning guest rooms and teach your staff what to focus on to ensure no detail is overlooked.
Friday, Nov. 17, 2017, 2:30-2:55 p.m. EDT
It may seem like the big chains have the advantage, but there are plenty of things smaller, independent hotels can do to level the playing field and establish a successful customer loyalty program. This webinar will provide proven tips on how to attract new guests, drive direct bookings and encourage retention.
Tuesday, Nov. 21, 2017, 1:00-1:25 p.m. EDT
Many hotels use Section 1031 of the Internal Revenue Code (IRC) to defer capital gains taxes by selling a property and reinvesting the proceeds into a new property — referred to as a "1031 exchange." Join us to learn how to turn a 1031 transaction into a robust resource by eliminating the negatives and adding elements that enhance your bottom line with the help of this well-used section of the IRC.
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.
Hotel News Now
Economy hotels outlast all other chain scales when sticking with their first brand affiliation, but across the board, the average length of a brand affiliation decreases as a hotel property ages.
Expect more travel brands to extend their reach into the dining experience in the future, especially since consumers have to eat every day and may only travel on occasion.
A few of the big brands have started to introduce smart-room technology. But which brand’s approach will work better in a hospitality setting, and which is more appealing not only to guests but to hotel owners, too?