Hotelier Weekly
June 30, 2022
Legendary Capital

AAHOA News
  
The July edition of Today's Hotelier hits newsstands tomorrow, but you're getting a sneak peek today!
 
This edition features AAHOA President & CEO Laura Lee Blake as she discusses her goals for her first six months to a year at AAHOA, testifying at the New Jersey fair franchising bill hearing before officially starting her new role, and how she is excited to return to AAHOA and open the dialogue with the leading franchisors for the benefit of members, the brands, and all franchise systems.
 
The July edition also features an article where New Jersey state representative Raj Mukherji give his insights and opinions on the outcome of the Assembly Bill 1958 hearing regarding how the changes to fair franchising practices will impact hoteliers.
 
There's a ton of great content in this edition, so be sure to check it out!
  
As soon as they started their leadership roles, AAHOA President & CEO Laura Lee Blake and Chairman Neal Patel hit the ground running. They have participated in AAHOA Regional Conference and Trade Shows, industry events, nationwide advocacy work, attended board meetings, and much more to support our members and take this great association to the next level. Blake and Patel have begun a new era for AAHOA. Listen to how they plan to take AAHOA to the next level on the No Vacancy podcast.
  
Hospitality Financial and Technology Professionals (HFTP) and AAHOA have a shared interest in advancing the hospitality environment to the benefit of their members and the overall industry. The groups, who have long supported each other, will promote and have a presence at each association’s events, offer collaborative benefits to young professional members and more.
 
AAHOA young professional members will have the opportunity to take advantage of a complimentary one-year HFTP membership.To celebrate this offer, AAHOA and HFTP co-hosted the HITEC YP Networking Event on Tuesday, June 28. Sponsored by Aimbridge Hospitality, the event was part of HITEC Orlando and had more than 200 attendees.
 
Furthermore, AAHOA Chairman and HITEC Advisory Council Member Neal Patel spoke on Tuesday, June 28, at the HITEC Conference in the session, No Risk "IT,” No Biscu-"IT", which discussed the importance of investing in software to reduce information technology vulnerabilities that negatively impact data confidentiality.
  
The month of July is going to be another jam-packed, event-filled month for AAHOA!
 
We have several Regional Conferences & Trade Shows on the calendar for this month, as well as some industry events like the ALIS and AAHOA Summer Update, so be sure to sign up here.
 
The Regional Conferences & Trade Shows are the perfect opportunity to connect with fellow hoteliers and vendors, hear from political leaders in the area, and learn about the latest AAHOA news and updates. If you haven't attended our previous regionals but want to attend one this month in the Mid South, Northeast, Arkansas, and Upper Midwest regions, register now so you won't miss out!
 
For more information about the events happening in July, click here! We hope to see you this summer at one of our many events.
RealINSIGHT Marketplace
Charter Communications Operating, LLC
Featured Content
  
Hotels need automation now more than ever to counter market disruptions, stay competitive, and meet guest expectations. The Property Management System (PMS) at the center of hotel operations is poised to answer the call by harnessing technology’s full potential through innovation and collaboration.This special report shines a light on hospitality’s current tech challenges and how hoteliers can future proof their PMS  to leverage the abundance of opportunities that lie ahead.
 
  
Our experts can help you feel more confident in taking full advantage of the Employee Retention Credit.
 
Peter, founder of Lark Hotels thought ERC "seemed complex and overly burdensome" so he shelved it. Then, he found Leyton. He's been able to identify over $300,000 in credit and has doubled in size despite COVID.
 
Find out how you can, too.
 
Red Roof Inn
Ascentium Capital , LLC
Events and Happenings
  
July is gearing up to be yet another busy month for AAHOA! Check out our lineup of events coming your way. Make plans to join us by registering today. (All times are local.)
dormakaba, Inc.
Metro25 of Detroit Inc
In the Market
  
Truist Securities reports, “Last week’s RevPAR was up against a +109.4% comparable result in 2021 vs. +113.8% in the prior week. On a 3-year run-rate (vs. 2019), RevPAR was +12.3% vs. +9.4% in the prior week’s 3-year run-rate. We suspect the Juneteenth holiday on Monday negatively impacted business travel on Monday and Tuesday. Versus 2019, RevPAR was -5% on Monday and flat on Tuesday before accelerating significantly as the week progressed. Breaking out some of the week's results, we see clearer evidence of the tough y/y comp for Economy/Midscale with occupancy down all days last week, albeit with still-strong room rates. RevPARs for Economy and Midscale were MSD positive, a few hundred bps lower than the running 28-day average despite the start of the summer travel season.  Upscale RevPAR: +29.8% y/y and +5.4% over 3 years; Upper Midscale RevPAR: +15.4% y/y and +12.9% over 3 years.”

For more, read the full report here, and read the China/Europe report here.
DIRECTV Hospitality
Karcher North America
Featured Club Blue Member
  
With the best technology in the industry, DISH Business delivers a premium entertainment experience for properties of all sizes. EVOLVE by DISH lets your guests cast personal content, watch live TV and access the apps they love – all on your in-room TV. Get DISH to give your guests the entertainment they want at prices you’ll love. Visit the website www.dish4business.com, then contact Tyler Floyd (Tyler.floyd@dish.com) to start saving today.
Featured Platinum/Silver Member
  
MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits. For more information, visit www.massmutual.com, then contact Ana Lucia Divins (analuciadivins@massmutual.com) to get started.
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 promoting professionalism, continuing education, and improved communication, which creates a network of competent experienced attorneys committed to improving legal services throughout the hospitality industry. Access their nationwide directory to find a hospitality industry lawyer near you.
Alliance Laundry Systems-UniMac
Hotel Equities
Industry News
  
To attract would-be guests, some high-end hoteliers are offering creative wellness amenities, including IV drips, onsite psychology care, and Ayurvedic care, but this isn't limited to luxury properties as smaller hotels also are incorporating unique amenities in the race to fill rooms.  
(Source: The Wall Street Journal Photo credit)
  
Busiiness leaders are recognizing the important lessons hoteliers can offer to other industries, with human interaction key among hospitality's most vital assets.
(Source: Forbes Photo credit)
  
As has been extensively documented, hospitality can be a stressful occupation, which has contributed to the ongoing labor shortage, but some hoteliers are finding success in retaininng workers by expanding training while also implementing tech-based solutions as well.
(Source: HospitalityNet Photo credit)
  
As the cost of rent, airfare, gas, and hotel rates increase, the hotel industry to now is seemingly thriving. According to STR, weekly room demand has reached a pandemic-era high as more rooms were sold (27.6 million) than in any week since early August 2019.
(Source: Hotel Management)
FARMERS STATE BANK
USC Bovard College
Today's Hotelier: In Case You Missed It

JUNE ISSUE

The June 2022 issue is out now! In this issue, we explore the road to recovery, including finding the keys to a healthy hotel brand relationship. We also discuss topics such as mutually beneficial franchise systems, the future of EVs in hospitality, using email to capture the return of travel, and much more.

Featured Content

 

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