Hotelier Weekly
July 11, 2019
AAHOA News
  
AAHOA Chairwoman Jagruti Panwala gave closing remarks and shared her insights on technology, the labor shortage, how brands and associations need to work together on advocacy issues, and more during the “View from the Boardroom” panel discussion Tuesday at the ALIS Summer Update in Los Angeles. Interim President & CEO Rachel Humphrey also participated on the “View from the Boardroom” panel and gave closing remarks today at the Chicago event. The ALIS Summer Updates, co-hosted by AAHOA, focus on hotel development and provide the chance to network with the hotel investment community.
  
Northeast Regional Director Jayesh R. Patel hosted a Regional Conference & Trade Show in Boston on Tuesday, his first of two scheduled for the year. Secretary of Housing and Development Mike Kennealy was the featured speaker and informed attendees about the new local-development budgets and also addressed questions regarding the issues hoteliers are facing regarding Airbnb. Treasurer Vinay Patel updated members on the state of AAHOA, while the trade show offered attendees the opportunity to establish valuable new vendor relationships and strengthen existing ones.
DISH - EVOLVE
BDK America
Events and Happenings
  
What have you missed this week? Northeast Regional Director Jayesh R. Patel hosted a Regional Conference & Trade Show in Boston, Georgia Regional Director Kapil Patel gave opening remarks at the Atlanta Young Professional Hoteliers Town Hall in Atlanta, where he and Ambassador Vik Zaver welcomed Noble Investment Group’s Mit Shah, who graciously joined our members for a chat to address concerns about the future of the hospitality industry, and so much more! Visit the AAHOA Facebook page to catch up!
  
AAHOA Chairwoman Jagruti Panwala and Treasurer Vinay Patel will join the National Association of Black Hotel Owners, Operators & Developers (NABHOOD) in Miami as they celebrate Hilton's 100-year anniversary with Chris Nassetta, Hilton President & CEO. The educational summit and trade show is designed to educate attendees on how to become a hotel owner, investor or supplier, learn how to market to minorities, look at diversity issues affecting the lodging industry, and share industry trends. Click here to register now.
  
Join us for the Regional Conference & Trade Show 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.
 
 
 
  
Town Halls are a great opportunity to build your professional network and to learn more about 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:
 
 
 
Natural Stone Gallery
Alliance Laundry Systems-UniMac
In the Market
  
SunTrust Robinson Humphrey reports, “Upper Upscale (+7.2%) was the strongest chain scale for branded hotels; Midscale was the weakest at +3.6%. Upper Midscale (+5.7%) outperformed the industry average. The calendar shift of July 4 to a Thursday from a Wednesday y/y resulted in a very mixed week – hurting the start of the week (including the end of June) and helped the late workweek/holiday. Thursday RevPAR was +19.8% and Friday was +11.7%. The strongest results were in the lowest-rated and highest-rated chain scales for the back half of the week, which suggests to us that leisure was the strongest demand segment. The relative outperformance in leisure is consistent to what we have seen in recent months where leisure is the relatively strongest demand segment (but to be clear, we would not classify any customer segment as particularly “strong”).” For more, read the full report. Also, check out May's Hotel P&L Analyzer here.
 
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.
Hilco Industrial
United Insurance Agencies
Featured Club Blue Member
  
AAHOA has partnered with AutoClerk to offer AAHOA*PMS, a property management system designed specifically for AAHOA Members. If you sign up for both Chase Merchant Services and AutoClerk, AAHOA will pay your set-up fee ($99) and the cost of your first month for each property. Visit www.aahoapms.com for more details and to sign up now.
Featured Platinum/Silver Member
  
Northeast Bank is a nationwide SBA lender that specializes in owner-occupied commercial real estate, business acquisitions, and refinances. As one of the nation's top SBA hotel lenders, we have the expertise needed to effectively deliver government-backed loans to enhance your hotel – from PIPs to FFE to expansions and more. Contact Fred Schwartz, or visit the website today!
IHG - InterContinental Hotels Group
Baywood Hotels
Featured Member Benefit
  
The members of AHIA specialize in hospitality industry legal issues and have a minimum of five years' experience for in-house counsel and 10 years' experience for outside counsel. All AHIA members are committed to improving legal services throughout the hospitality industry. Access their nationwide directory to find a hospitality industry lawyer near you.
Industry News
  
Rapid advances in technology make it difficult to keep up with what guests are expecting next. Artificial intelligence is one of those advances that leaves hoteliers wondering how to best implement the tech while keeping costs in line. Fortunately, there are ways to use AI not only for guest experience but for increasing revenue as well.
(Source: Hotel News Resource)
  
The industry is expected to take a downturn, however, independent hotels are performing well in secondary markets. These locations include Albany, NY, Gatlinburg-Pigeon Forge, TN, and Maine Southern Coast. For independent hoteliers to keep a positive momentum, the top pieces of advice are paying attention to guest reviews and understanding your local market, among others.
(Source: Hospitaity Net)
  
Home sharing is on the rise, and hoteliers are brainstorming ways to combat the competitor. Condo-hotels are properties where the condo owner may join a rental program that's run by a third-party manager. Then, the condo units are operated like hotel rooms. This is one way hoteliers and hotel management companies can compete with the home-sharing economy. 
(Source: Hotel News Now)
Today's Hotelier: In Case You Missed It

Contents

Know Before You Go: 10 Tips to Successfully Negotiate Brand Contracts

3 First Steps to Take When Creating a Modern Talent Development Strategy

Structuring Your Business for Success

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