Rain or shine, AAHOA Members showed up and showed out for the 2022 North Texas Inaugural Charity Golf Tournament! It was an incredible day at the Cowboys Golf Club where we welcomed almost 80 players and raised $65,000!

 

Thank you to our North Texas Regional Director Dhiren Masters, all regional ambassadors who were able to attend, and our sponsors who help make these events as successful as they are!

 

As summer comes to a close, there is only one charity golf tournament left on the calendar on Friday, September 9 at Chateau Elan in Braselton, GA. The Southeast Charity Golf Tournament is your LAST CHANCE to enjoy a day of competitive golf while connecting with other hoteliers and vendors, and most importantly, raise money for local charities.

 

Register today before all of the spots fill up - we hope to see you there!

 

 

AAHOA has exciting things planned for the near future! We commenced shooting this week with AAHOA President & CEO Laura Lee Blake for the upcoming 12 Points of Fair Franchising webcast series. This series will cover each of the 12 Points, with one webcast dedicated to each point; the indidivual webcasts will be released about every two weeks.

 

We are eager to launch this content, because we know how important this subject matter is to our members right now - as the foremost resource and advocate for America's hotel owners, we have a responsibility to ensure members have the tools and resources necessary to realize a mutually beneficial relationship between franchisors and franchisees.

 

Stay tuned for the release dates of each webcast - you won't want to miss any of them!

Multiple AAHOA Members have been listed on International Hospitality Institute's list of 100 Most Powerful People in USA Hospitality, featured in their August issue of Global Hospitality Magazine. AAHOA Chairman Neal Patel, AAHOA President & CEO Laura Lee Blake, AAHOA Female Director Western Division Tejal N. Patel, and AAHOA Lifetime and Committee Member Vimal Patel are included on this list.

 

To see the full lists and to read more, click the link for the digital version.

The Employee Retention Credit has been one of the most beneficial tax credits available to hotels that have been financially impacted by COVID-19. Due to various updates and changes to the legislation, there remain many misconceptions about business eligibility, which has resulted in an underutilization of this tax credit.

 

If you think you don't qualify, it's time to take a second look. You can claim up to $26k per employee.

 

Text Vivek Arora to find out how much you may be eligible for: 781-985-2784.

Ready to hop on a call? Schedule here.

The month of August is almost over, but we still have one more charity golf tournament and two town halls on the calendar! Check out our lineup of events coming your way. Make plans to join us by registering today. (All times are local.)

Truist Securities reports, “Last week’s RevPAR was up against a +74.9% comparable result in 2021 vs. +77.8% in the prior week. On a 3-year run-rate (vs. 2019), RevPAR was +12.2% vs. +10.5% in the prior week’s 3-year run-rate. Upscale RevPAR: +21.3% y/y and +4.4% over 3 years; Upper Midscale RevPAR: +12.6% y/y and +13.3% over 3 years. Overall results were strong last week although aided by a couple easier comps: Delta variant + Tropical Storm Henri (y/y). The good news outside of the easy comps is that ADR continues to lead the charge on RevPAR growth both y/y and vs. 2019. ADR growth is of great benefit given flow to profits over labor-intensive occupancy. Due to the disruption of travel in 2019 from Hurricane Dorian, and assuming for now no 2022 hurricanes, the comps should present as easy vs. 2019 starting next week.”

For more, read the full report here, and read the China/Europe report here.

AAHOA Members, get 5 percent off all your everyday purchases when you use the Lowe’s LAR business credit card. There’s no annual fee, and you can make purchases by phone, fax, or at LowesForPros.com.

You’ll also be able to take advantage of exclusive cardholder promotions and receive discounted delivery on your purchases! Click here for more details, then contact Anthony Ruiz (Anthony.ruiz@lowes.com) to get started.

Guest Supply, a Sysco Company, is the leading provider of operating supplies and equipment to the lodging industry. With product development and design, manufacturing, and a direct to property sales force, Guest Supply is the only vertically integrated company in the industry. From 16 company-owned-and-operated Sales and Distribution Centers, Guest Supply services more than 26,000 hotels in the U.S. with a comprehensive product line that meets the needs of hotels at all market levels. For more info, contact Justin Haggart (jhaggart@guestsupply.com) or visit the website.

Beyond the obvious benefit of ensuring everyone goes home safe at the end of the day, creating an environment where workers are physically protected can also help with worker retention, cost-savings, and more.

Though price creep seems to have tabled in much of the global economy, the hospitality segment is still dealing with inflation-related problems, coupled with a continued shortage of physical goods.

According to new polling data, consumers aged 18-65 have clear, industry-specific preferences on expanded technology offerings, sustainability efforts, inclusivity issues, and more.