This year, all five AAHOA Officers will be speaking at The Lodging Conference in Phoenix. President & CEO Chip Rogers, Vice Chairwoman Jagruti Panwala, and Secretary Vinay Patel will speak on Tuesday, September 25. Chairman Hitesh (HP) Patel and Treasurer Biran Patel will speak on Wednesday, September 26. Click here to view the full agenda.
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We've all heard of Khan Academy and the incredible resources it provides for students. Join us at AAHOACON19 in San Diego on April 24-27 to hear how Salman Khan developed the online company that's educating millions of people worldwide. Click here to learn more about Sal Khan and register for the event.
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AAHOA Vice Chairwoman Jagruti Panwala will be joining over 20 C-suite executives in the hospitality industry in Washington, DC for the Expedia Owners Council on September 27th.
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What did you miss this week? Check out the AAHOA Facebook page to view our members doing great things! Hundreds of hoteliers gathered in DC for the Legislative Action Summit, AAHOA Treasurer Biran Patel spoke at the Hospitality International Conference, AAHOA President & CEO Chip Rogers released a statement on the proposed new rule on joint-employer status, nearly 100 members earned their human trafficking awareness training certificates in Sacramento, 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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Succession planning is vitally important for all hotel owners, especially family business owners. Join us in Cherry Hill, NJ on October 22 to learn the steps you should take to secure your family's legacy. Plus, if you attend with a family member from a different generation, you receive a discount! Register now before seats fill up.
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AAHOA is committed to promoting awareness of human trafficking and has partnered with Businesses Ending Slavery & Trafficking (BEST) to offer free Human Trafficking Awareness Training at AAHOACON19. Protect your business—and do the right thing—by reserving your space and getting trained. Click here to register now.
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SunTrust Robinson Humphrey reports, “Midscale and Upscale (-4.0%) were the "strongest" chain scales for branded hotels; Luxury was the weakest at (-7.6%). Upper Midscale (-4.7%) also underperformed the overall U.S. hotel industry average. Last week's results reflected a continuation of very noisy data, as the U.S. lodging industry weighed the impact from 2017 and 2018 hurricanes and the start of the Jewish High Holidays. Many markets had significant y/y RevPAR declines, including Houston (-38.8%), Norfolk/Virginia Beach (-30.7%), Orlando (-23.1%), DC (-19.4%), and Tampa/St. Petersburg (-18.4%). We expect results will continue to be choppy next week due in part from the combined impact of the Yom Kippur calendar shift (impacting midweek business demand due to the Tuesday/Wednesday holiday) and the impact of Hurricane Florence, which we believe will result in mixed impact by market (some hotels will be sold out while others will have low demand). We also note that there continued to be flight cancellations related to Florence through yesterday (including to major markets such as NYC).” 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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Mastercard is pleased to offer AAHOA members a special Business Edition Mastercard, with no annual fee for AAHOA members. In addition, you get 1.5 points per dollar spent on any transaction, as well as a high-value credit limit. To learn more and apply online, click here.
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American Express provides education to AAHOA members about merchant services, as well as information regarding charge backs, and how they affect their business. American Express is hosting an exclusive LIVE webinar on Wednesday, September 26 to discuss best practices for dispute prevention in the hospitality industry. Click here to register, and make sure to watch live- the sesion will not be recorded.
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Special savings for AAHOA Members:
- Up to 25% off ADP payroll and tax compliance services!
- First Month Free*
- No Set-up Fees*
- Please call 973-712-3290 today to obtain a free, no obligation quote.
*For companies with under 50 employees.
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Hoteliers are stepping up and offering to help in the aftermath of the destruction left by Hurricane Florence. Rosen Hotels & Resorts President Harris Rosen offered steep discounts at his hotel properties. Choice Hotels International, Inc. will match Choice Privileges member donations to the American Red Cross. Hoteliers from the affected areas are also sharing dispatches as they begin to assess storm damage and find ways to get back to business. Click here to view additional hurricane resources. (Source: Hotel Business)
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Senator Chuck Grassley (Iowa) announced that he and Senator Mike Rounds (South Dakota) sent a letter to United States Attorney General Jeff Sessions seeking clarification on whether the Americans with Disabilities Act (ADA) applies to websites. The letter urges the Department of Justice to help resolve uncertainty regarding website accessibility obligations under the ADA. (Source: JDSUPRA)
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In taking the temperature of the current business climate, members of the Hospitality Asset Managers Association recorded a positive outlook among hotel asset managers for the near future, shadowed by rising uncertainty as 2019 approaches. An internal survey conducted by the organization found more than 40 percent of its members are anticipating a 0- to 2-percent increase in revenue per available room for full-year 2018 versus the 2018 budget, compared to just 10 percent last year. (Source: Hotel Management)
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AAHOA News
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