Earlier this week, AAHOA hosted the Northwest Charity Golf Tournament in Camas, WA, where attendees and event sponsors raised more than $100,000. The event–including golf, an auction, dinner, and an awards ceremony–was held to benefit Business Ending Slavery and Trafficking (BEST), Make-A-Wish® Oregon, and the Doernbecher Foundation.
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AAHOA has partnered with Hotel Management to offer a series of four education sessions at AAHOA Regional Meetings throughout the year. The first session, held at the North Texas Regional Meeting, welcomed some of the industry's top movers and shakers to discuss Brand Choice. Download the ebook to get the latest intel on finding the right fit among the wide assortment of hotel products to help you successfully maximize revenues and minimize costs.
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Optimists make strong leaders since they are open to innovation, demonstrate big picture thinking, inspire employees, and deal with adversity with a positive attitude. GlobalHotelNetwork.com featured Ann Fastiggi, Leader, Hospitality and Leisure, RSR Partners and Darleen DeRosa, Managing Partner, OnPoint Consulting in its GHN Perspective column: The Role of Optimism in Leadership. Click here to read more about how leaders are embracing joy and optimism.
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Join us in Cherry Hill, NJ on September 6 to learn how to keep up with increasing changes in consumer demands. AAHOA Immediate Past Chairman Bhavesh Patel, Kevin Brickner of Wyndham, Daniel Hanrahan with CBRE, and Jeffrey Kolessar with GF Management will tell you what you need to know to stay competitive. Then stick around for the bustling trade show, informative business meeting, and second-to-none networking opportunities. Click here to see more details and register.
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What did you miss this week? Check out the AAHOA Facebook page to view our members doing great things! AAHOA South Central Texas Regional Director Mike Patel hosted his first regional meeting, Female Directors Nimisha Patel & Lina Patel previewed the 2018 Women Hoteliers Conference, Choice Hotels hosted a Young Professional and Women Hoteliers Development Day, Florida Regional Director Bharat Patel held a town hall meeting in Orlando, players at the Northwest Golf Tournament raised more than $100,000 for charity, and 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:
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SunTrust Robinson Humphrey reports, “Luxury (+5.0%) was again the strongest chain scale for branded hotels followed by Upper Upscale (+4.0%); Middle and lower tier hotels were the weakest. Last week was a very noisy week to compare year-over-year due to: 1. The solar eclipse (Monday, August 21st, 2017). 2. The beginning of the impact of Hurricane Harvey (biggest impact to Texas and Louisiana) being seen. The next few weeks of data (and continuing for the rest of the year) will be noisy due to the combined impact of Hurricanes Harvey and Irma.” For more, read the full report.
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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 The mission of Live Oak Bank is to create an unprecedented banking experience for small business owners nationwide, through service and technology. With a laser focus on innovation in finance and technology, we bring efficiency and excellence to the lending process. We believe deeply in personal service and focus on taking care of our customers throughout the life of the relationship.
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 Choice Hotels International is recognized as one of the world’s largest hotel companies, representing more than 6,800 properties open in more than 40 countries and territories. From the transformed Comfort and popular Quality Inn and Econo Lodge brands, to the upscale Cambria Hotels and the Ascend Hotel Collection, Choice Hotels has a variety of options to fit your investment needs.
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 - Apply here
- No Annual Fee
- 1.5 points per dollar on any transaction
- High-value credit limit
- Created exclusively for AAHOA Members
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The Highland Group has released its “2018 U.S. Extended-Stay Lodging: Mid-Year Report.” According to the findings, extended-stay hotels continue to absorb record levels of new rooms while maintaining occupancy above their long-term average. The two-year trend of accelerating supply growth and declining occupancy reversed in 2017 and demand has grown faster than supply. (Source: Hotel Business)
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Since launching a decade ago, Airbnb has become the undisputed poster child of an alternative form of travel. Its rise to fortune has been nothing short of breathtaking, with a valuation of $31 billion in May 2017. However, there are signs that the sharing economy's growth is experiencing a shift. (Source: Hospitality Net)
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As more states in the U.S. are legalizing the medicinal or recreational use of marijuana, hoteliers are seeing opportunities to attract those consumers to book at their properties. But to run a business associated with marijuana, there are plenty of legal concerns that must be taken into consideration. (Source: Hotel News Now)
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AAHOA News
