AAHOA Chairman Hitesh (HP) Patel
and President & CEO Chip Rogers are joining with other hospitality industry
leaders to discuss issues important to hotel owners at the 40th Annual NYU
International Hospitality Industry Investment Conference in New York on June
4-5. Hitesh will speak during "The Continuing Relevance of Boutique
Hotels" workshop moderated by Glenn Haussman, and Chip will moderate a
workshop entitled "A New World: The Implications and Benefits of Tax
Reform on the Hospitality Industry."
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At the upcoming Hotel Business
Roundtable hosted by the Wall Street Journal, Vice Chairwoman Jagruti Panwala
will contribute to "Culture Shift: Working in 2018 and Beyond," a
discussion exploring what the workplace and
leadership look like now and how hoteliers can recruit new talent to
strengthen their businesses.
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AAHOA is proud to announce the
newly appointed 2018-2019 committee members. Thank you to the many
applicants. It is because of the efforts of our volunteers that AAHOA is
able to continue to serve as the voice of America's hotel owners. The 2018-2019
committees can be viewed at any time at www.aahoa.com/about-aahoa/committees.
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ICYMI: This week, AAHOA's
Facebook page features AAHOA members doing great things! We covered the Ecolab
Chairman's Reception, the South Pacific Regional Meeting, Town Halls in Texas
and Arkansas, a meeting with Ohio Congressman Brad Wenstrup, and more.
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On Tuesday, June 5, hoteliers in
both Pennsylvania and North Carolina will go to their respective capitals to
meet with their state lawmakers. As hotel owners, AAHOA members are uniquely
qualified to speak with their elected officials about issues affecting the
hospitality industry and small business owners. Registration for both events is
free for AHAOA members. Click here to learn more.
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Town halls are a great opportunity to build your professional network and to learn more about the AAHOA programs and resources available to help you strengthen every aspect of your business. These events are open to all hotel owners, even if you're not already a member. Coming up soon:
August 15 - Mid-South Town Hall - Knoxville, TN
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Join us for the regional meeting
closest to you for access to top vendors, incredible networking opportunities,
and region-specific industry updates you won't see anywhere else. These events
are open to all hotel owners, even if you're not already a member. Plus,
Lifetime Members receive a free Nike polo shirt for attending.
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How do you create a sales-focused culture in your hotel when you don't have a dedicated sales team? Join our workshop in Houston next month to learn how to create an "everybody sells" mindset. Seats are limited to the first 60 registrants, so reserve your spot today!
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Indiaspora and Pratham USA are conducting a comprehensive survey of Indian-American philanthropic engagement. The purpose of this survey is to gain an understanding of the perspectives, preferences, and ideas of the broader Indian-American community, and to understand the level of engagement by first and second generation individuals of Indian descent. Click here to complete this anonymous and confidential survey.
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SunTrust Robinson Humphrey reports, "Last week was another
generally clean comp (ex-2017 hurricane impact and last week's Subtropical
Storm Alberto that impacted Florida and the Gulf). The strongest days of the
week were early/mid-week (+4-5%). Weekend RevPAR was roughly flat." For more, read the full report. The April Lodging Margin Monitor is also available for review.
AAHOA partners with SunTrust Robinson Humphrey (STRH) to
provide access to comprehensive analysis of current economic and market
metrics for the hospitality industry. 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.
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JF CAPITAL ADVISORS
- Monthly reports that track and compare the valuation levels, trading levels, and credit profile of each of the U.S. publicly traded Hotel C-Corps and Hotel Real Estate Investment Trusts.
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The hospitality industry is predicted to be the fastest growing industry for connected equipment, making them "smart" buildings. Hotel owners are investing time and money in technology with the hopes to create a better guest experience.
(Source: Seeking Alpha)
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There is a class of former hoteliers who visit luxe hotels and grade them on their service standards. These individuals go through a vetting process and training to ensure that a top-tier brand hotel is providing the experience and service that is expected by guests.
(Source: skift)
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Hoteliers are constantly searching for new ways to make their properties more sustainable and environmentally friendly. Architect Margot Krasojevic designed a hotel that harnesses the tides from the ocean to create electricity. The building will be constructed using eco-friendly materials and offer guests with a unique experience.
(Source: Green Matters)
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Contents
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AAHOA News
