Hotelier Weekly
November 2, 2023
Bayer CropScience, LP
AAHOA News
  
The second annual AAHOA HerOwnership Conference & Retreat is in full swing! Nearly 250 women showed up in Dallas, Texas, for AAHOA's second annual event.
 
Today is Day One of the 2023 HerOwnership Conference & Retreat.
 
AAHOA's community of women hoteliers came have come together for two days packed with incredible insights into hospitality, entrepreneurship, leadership development, and wellness techniques.
 
Industry trailblazers are sharing their remarkable journeys, from overcoming setbacks to celebrating triumphs. This conference is celebrating exceptional women who continue to break barriers and lead the way in hospitality.
 
There were several education sessions with the goal of empowering women in the hospitality industry by addressing key topics such as leadership, confidence-building, setting boundaries, tackling gender bias, and cultivating executive presence to help women hoteliers thrive in their entrepreneurial journey.
 
Several industry executives and leaders spoke about how the industry is aiming to broaden and diversify hotel ownership opportunities for underrepresented groups.
 
Over the course of the first day, there were discussions about the unique business needs of hoteliers, how access to capital can fuel your hospitality dreams, available educational resources to empower your journey, and how to create valuable industry connections for a strong network of partners.
 
On top of that, AAHOA and HBO are hosting The HerOwnership Pink Party: Inspired by Barbie, where attendees are encouraged to don their best pink attire, let loose, and network in a more casual environment.
 
Day two of HerOwnership has even more panels, conversations, and keynotes.
 
Stay tuned for more coverage of the HerOwnership Conference & Retreat!
  
The November 2023 issue of Today's Hotelier magazine is now available!
 
This month, we take a special look at the world of the independent hotelier, including how succession planning can go wrongthe importance of executing a will or trust, and much more. In addition, we have a very special feature with U.S. Presidential contender Vivek Ramaswamy.
 
Some notable articles:
For the latest information, news, and advocacy updates from AAHOA, please visit the Broadcast newsfeed.
 
Thank you to our advertisers, whose support helps make this publication possible.
Lead Designs LLC
Ajmera Law Group
AAHOA Advocacy in Action
  
The 2023 Fall National Advocacy Conference (FNAC) officially kicked off in the nation's capital on Tuesday, October 24, 2023. AAHOA Members and leaders from across the country are in D.C. to advocate on issues that matter most to America’s hotel owners.
 
The day's events began with an Ambassador Leadership Summit, which covered the pillars of leadership, the value of integrity and authenticity, and the importance of fostering strong communities.
 
In the afternoon, AAHOA Officers extended a warm welcome, setting the stage for the upcoming advocacy efforts during Capitol Hill meetings. U.S. Representative Beth Van Duyne delivered the keynote address. As an industry advocate herself, Rep. Van Duyne expressed her dedication to supporting pro-growth and pro-business policies that empower small business owners and the hospitality industry.
 
AAHOA's Federal Affairs team provided valuable updates on the association's legislative priorities, highlighting the significant role played by the AAHOA PAC in supporting a diverse group of elected officials and policy initiatives. During the presentation, the team announced that AAHOA Members have collectively contributed $450,744 to the AAHOA PAC as of October 16, 2023. Florida Regional Director Chetan (Chris) Patel was recognized for raising the most PAC funds out of all AAHOA regions that afternoon.
 
Later in the day, attendees were treated to a captivating Fireside Chat on the America-India Relationship, featuring Ronak Desai, Of Counsel at Paul Hastings LLP, a recognized expert on Indian affairs. This conversation held particular significance for AAHOA Members, many of whom are actively working to strengthen ties between the U.S. and India, particularly in the context of the Gujarat textile industry.
 
AAHOA’s advocacy efforts not only benefit members and their hotels but have the potential to uplift the communities they live in and serve. FNAC provides AAHOA members with the opportunity to advocate for solutions that can alleviate long-standing problems that have impacted hoteliers, who are mostly small-business owners. 
 
Stay tuned for further news coverage regarding the events of the Fall National Advocacy Conference.
Featured Content
Last week, hundreds of AAHOA Members and leaders gathered in Washington, D.C., for AAHOA’S 2023 Fall National Advocacy Conference (FNAC) to raise awareness of the most pressing matters facing hotel owners across the country. Hoteliers had the opportunity to advance their policy priorities by meeting with
more than 200 offices and 70 Members of Congress. AAHOA Leadership participates in AAHOA’s 2023 Fall National Advocacy Conference, October 24-25, 2023, in Washington, D.C.

AAHOA hosted a bipartisan group of keynote speakers for its biannual event including:

● Representative Beth Van Duyne (R-TX)
● Representative Rich McCormick (R-GA)
● Representative Shri Thanedar (D-MI)

FNAC provided the opportunity for America’s hoteliers to establish relationships with legislators in our nation’s capital and engage directly with bipartisan policy experts and lawmakers. The policy decisions deliberated upon by these officials can have a significant effect on AAHOA Members and the hospitality industry at large.
 
Read the full press release here.
Red Roof Inn
dormakaba USA Inc.
Member Testimonial
  
“It’s my sincere wish that each attendee experiences the power and support of the HerOwnership community. I hope everyone leaves with a strong sense of belonging and camaraderie."

-Nancy Patel, former North Georgia Regional Director (2007-2009) and AAHOA Lifetime Member, shared about the upcoming HerOwnership Conference & Retreat
Hotel Equities
DIRECTV Hospitality
AAHOA in the News
MORE ASSOCIATIONS ARE joining the American Hotel & Lodging Association in protesting the National Labor Relations Board’s (NLRB) recently issued final ruling on the definition of joint-employer status. The ruling essentially broadens the definition to any “entity that has an employment relationship with the employees,” and AAHOA, AHLA and the other associations say it could damage the current franchise business model.
 
NLRB’s new standard, issued last week, defines a joint employer to be any company that shares or codetermines one or more essential terms and conditions of employment. Those include:
  • Wages, benefits, and other compensation.
  • Hours of work and scheduling.
  • The assignment of duties to be performed.
  • The supervision of the performance of duties.
  • Work rules and directions governing the manner, means, and methods of the performance of duties and the grounds for discipline.
  • The tenure of employment, including hiring and discharge.
  • Working conditions related to the safety and health of employees.
The final rule rescinds the 2020 rule that was promulgated by the prior board and applies the new definition of joint employer to any entity that can control the essential terms of employment whether or not such control is exercised and without regard to whether any such exercise of control is direct or indirect. The board says the new rule “more faithfully grounds the joint-employer standard in established common-law agency principles.”
 
Read the full article here.
Red Lion Hotel Corp - Sonesta
Alliance Laundry Systems-UniMac
Industry News
Even in markets that suffered the worst slowdowns in 2020, the post-pandemic "bounceback" effect across the industry has sustained itself long enough that current travel patterns are expected to continue for the foreseeable future.
(Source: CNBC)
In the quest to fill their ranks with capable team members, some hoteliers are returning to a time-honored method for identifying a large number of job seekers — the career fair.
(Source: HospitalityNet)
According to recent U.S. workplace research, workers aged 50 and older occupy more than one-third of all hospitality jobs, with more expected to join the industry in the coming years.
(Source: OnRec)
On Wednesday, the Federal Reserve held interest rates steady for the third time this year even as central bankers confront a surprisingly resilient economy and still-too-high inflation.
 
The widely expected decision left interest rates unchanged at a range of 5.25% to 5.5%, the highest level in 22 years.
 
Policymakers have raised interest rates sharply over the past year, approving 11 rate increases in the hopes of crushing inflation and cooling the economy. In the span of just 16 months, interest rates surged from near zero to above 5%, the fastest pace of tightening since the 1980s.
 
Read more about it here.
 
(Source: Fox Business)
HUNTER
Intellihot
Today's Hotelier

NOVEMBER ISSUE

The November 2023 issue of Today's Hotelier magazine is out now! This month, we take a special look at the world of the independent hotelier, including how succession planning can go wrong, the importance of executing a will or trust, and much more. In addition, we have a very special feature with U.S. Presidential contender Vivek Ramaswamy.

Featured Content

Join thousands of AAHOA Members, brand CEOs, and industry professionals by subscribing to our magazine. Receive every digital issue of Today’s Hotelier as soon as it’s released to the public. Click here to subscribe.

   
In the Market
  
Truist Securities reports, “Overall U.S. RevPAR was +4.6% y/y for the week ending 10/28/2023, per STR, above the prior week's result of +2.9%, and above the trailing 10-week average of +2.4%. Versus 2019, RevPAR was +33.4%, above the prior week’s result of +18.8%, and above the trailing 10-week average of +17.1%. We think last week's results were helped somewhat by Halloween pushing a day later this year (10/31: following week Tues. in 2023, following week Mon. in 2022, and current week Thurs. in 2019). Our take is that some group travel was pulled forward out of the holiday week so parents don't miss Halloween with their children. We could see weaker results next week. Upscale RevPAR: +6.7% y/y and +28.9% vs. 2019; Upper Midscale RevPAR: +3.7% y/y and +31.3% vs, 2019.”

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