Treasurer Vinay Patel was a featured speaker Tuesday at the Meet the Money® Conference in Los Angeles. Now in its 29th year, Meet the Money® is a hospitality industry conference focused on hotel investment, finance, and value creation. On the Winning Strategies for Buying and Selling Hotels panel, Vinay shared with owners, operators, investors, and lenders some of the insights and wisdom that have helped him be successful over the years.
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Time is running out to register for the AAHOA Women & Young Professional Hoteliers Development Day at Hyatt, to be held on Friday, June 28 in Chicago, IL. Executives will share the history of Hyatt and discuss development, architecture, design and construction, brand management, the future of the company, and more. But there are only five seats left and seating is limited to the first 25 registrants and is first come, first served. Register today to take advantage of this incredible opportunity!
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What have you missed? Young Professional Directors Purvi Panwala and Miraj S. Patel hosted the Young Professional Hoteliers Reception at the Choice Hotels Conference in Las Vegas, South Carolina Regional Director Chetan (Chet) Patel hosted a Hospitality Day in Columbia, and so much more! Check out the AAHOA Facebook page to catch up on all the great things that have taken place!
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Join us for the Regional Conference 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 golf shirt for attending.
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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 (+6.9%) was the strongest chain scale for branded hotels; Midscale was the weakest at -0.2%. Upper Midscale (+2.8%) also underperformed the industry average. As we anticipated, last week was a far better RevPAR week on a sequential basis given the rebound following the Easter/Passover/Good Friday holidays earlier in the month. Corporate travel resumed to our expected levels and this is supported by Group RevPAR of +8.1% last week. Midweek daily RevPARs averaged ~ +4% (given lighter corporate travel over the prior few weeks).” 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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Dell empowers business owners to use technology to realize their dreams. Now, the computer technology giant has partnered with AAHOA to bring members savings of 30 percent to 40 percent off the everyday price on their systems and Dell-branded electronics and accessories! Visit www.dell.com/AAHOA to shop or call 800-757-8442 today. Please mention you are an AAHOA Member and use Member ID 530002735094.
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Backed by the power of The Home Depot, The Home Depot Pro™ is the leading national provider of integrated facility maintenance solutions. Our unmatched combination of expertise, convenience, products, programs, and technology allows us to deliver smarter solutions that advance the performance of our customers' facilities. To find out what how The Home Depot Pro™ can help your business, contact Susan Wright or visit the website.
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AAHOA Members earn 5 percent of revenue back, reduce OTA fees, and can improve guest-review scores. Plus, you get your own personal FREE AAHOA Member app that includes features such as SMS texting, GPS mapping, local-area content, push messaging, and more. This app will help drive more revenue and increase guest engagement at your property. Contact Troy today to get started!
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The Texas Education Agency has approved new courses to help high school students pursue careers in the hospitality industry. The program helps provide students with national certifications and credit for college. The goal is to make sure students are "job-ready" so they can jumpstart their careers in the industry.
(Source: San Antonio Express-News)
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Machine learning has been successfully integrated into retail and other similar industries, but there also is a way to integrate the technology into hospitality. From compiling data to help upsell guests to generating a stellar guest experience, machine learning can make a huge impact in hospitality when utilized correctly.
(Source: HospitalityNet)
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Maryland's Montgomery County has recommended including seed money to help establish a hospitality industry training center in the county's budget. Items planned for the budget include a kitchen incubator and a food hall, which are expected to help train young locals for the hospitality industry, complementing Montgomery College and the Universities at Shady Grove, which offer degree programs in hospitality.
(Source: Bethesda Magazine)
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