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October 5, 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AAHOA News
This year's highly anticipated AAHOA HerOwnership Conference & Retreat, taking place November 2-3 in Dallas, TX, at The Beeman Hotel, is specifically designed to provide you with an unparalleled opportunity to enhance your professional growth and achieve new heights in your career.
Attending the HerOwnership Conference & Retreat will provide you with numerous benefits, including expanded professional networks and potential mentorship opportunities. By connecting with industry leaders, seasoned professionals, and fellow attendees, you will forge meaningful relationships that can accelerate your career progression and open doors to exciting new ventures.
In addition, look forward to various wellness activities designed to help you recharge, reduce stress, and enhance your overall well-being, ensuring you return to your professional endeavors with renewed energy and focus. Registration is now open at the brand-new MyAAHOA.com! Steps to register:
Don't delay; register today! You won't want to miss out on this year's HerOwnership Conference.
The October 2023 issue of Today's Hotelier is out now!
This month, we turn our focus to industry advocacy, including AAHOA’s current advocacy priorities, the collective power of advocacy, and much more.
Some of the highlights from this issue include:
For those who are keen on staying informed about the latest happenings in the hospitality industry, the upcoming October issue is an absolute must-read. This edition showcases a strong emphasis on AAHOA's advocacy initiatives and how they are contributing towards the betterment of legislation that may have an impact on hoteliers. It is an incredibly informative piece that is bound to offer valuable insights and knowledge for all professionals involved in this field.
AAHOA's HerOwnership: Opening Doors for Women in Hospitality initiative made a significant impact at the 2023 AAHOA Convention & Trade Show, with scores of women attending "Landslide Victory," the official HerOwnership session at AAHOACON23. The President and Owner of The Communications Coach, LLC, Denise Thomas, led the powerful “Landslide Victory” presentation. She focused on motivation, engagement, business strategies, relationship building, communication, and leadership techniques.
Listen to the entire AAHOACON23 HerOwnership “Landslide Victory” session today.
Do you want more top-level HerOwnership content? Register for the 2023 AAHOA HerOwnership Conference & Retreat, November 2-3, 2023, in Dallas, TX. You can check out the conference agenda and secure your spot today. Don’t miss out on the HerOwnership experience.
AAHOA Advocacy in Action
Member Testimonial
AAHOA Education
Time: 2 - 2:45 p.m. EDT
Day: Wednesday, October 11 Company: National Tax Group Panelist: Kelly Colvin Registration Link: register.gotowebinar.com Description: Discover IRS best practices that will allow you to maximize the value of your hotel. Through the power of depreciation, you can literally save thousands of dollars in those crucial initial years of operation where cash flow is integral to the success of your business. National Tax Group has been helping commercial property owners unlock the capital in their real estate holdings and save on their taxes since 2009. Miss this webinar and you may be missing out on easy ways to save on the taxes you pay.
AAHOA in the News
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, then contact Tyler Floyd (Tyler.floyd@dish.com) to start saving today!
Featured Member Benefit
No Vacancy with Glenn Haussman is the travel industry’s most exciting podcast. It's a fun, fast-paced, genre-bending program that peels back the veneer of the travel business. Click here to subscribe to the No Vacancy Podcast. Visit novacancynews.com for more information.
Featured Platinum/Silver Partner
At Curve Hospitality, we combine creative design solutions with our ability to manufacture and deliver contract furnishings. Our experienced hospitality interior design team works closely with clients to turn their vision into a marketable commercial product. Visit our website for more information.
Industry News
Despite the connotation that technology can be cold or impersonal, service-industry businesses are finding tech-based solutions allow them to create unique experiences and enhance the guest experience.
(Source: Forbes) There can be comfort in the tried-and-true when it comes to hotel operations, but 21st century problems require adaptive solutions, and forward-thinking hoteliers are finding success in staying on the cutting edge.
(Source: HospitalityNet) Today's Hotelier
In the Market
Truist Securities reports, “Overall U.S. RevPAR was +5.4% y/y for the week ending 9/30/2023, per STR, above the prior week's result of +1.2%, and above the trailing 10-week average of +1.9%. Versus 2019, RevPAR was +18.7%, above the prior week’s result of +15.4% and above the trailing 10-week average of +14.1%. Even though Yom Kippur negatively impacted demand at the start of the week, overall midweek business travel was quite decent in our view. Comps vs. 2019 and 2022 were easy (Rosh Hashanah both on the same week Sunday-Tuesday in the prior years). Comps should be even easier next week as 2023 lacks a holiday and Yom Kippur was midweek in 2019/2022. Upscale RevPAR: +6.8% y/y and +14.1% vs. 2019; Upper Midscale RevPAR: +2.7% y/y and +17.6% vs. 2019.”
For more, read the full report here. Upcoming Events
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