Hotelier Weekly
June 6, 2024
Champion PTAC, LLC
AAHOA News
STAY TUNED! HerOwnership Registration Opens Tomorrow!
  
Are you ready to register?
 
Gear up for the Third Annual AAHOA HerOwnership Conference by AAHOA! Join us on Sept. 12-13, 2024, in beautiful Redondo Beach, CA, for two inspiring days of networking, learning, and growth tailored for women in hospitality.
 
Ensure you register for this empowering event - look out for the registration link and be sure to share with your network!
ICYMI: The June Edition of Today's Hotelier is Here!
  
The June 2024 edition of Today's Hotelier is out!
 
Read about businessman and philanthropist Dr. Kiran C. Patel, building a better workforce, AAHOA relationships with government leaders highlighted at AAHOACON24, and much more.
 
Here's an excerpt from the June 2024 cover story, Building a Brighter Future:
"We all have a purpose in life," he said. "Without purpose in life, there’s no meaning. It’s our duty to do the work but never expect any rewards from it. My message is very simple; philanthropy doesn’t mean millions of dollars. Small actions can make a huge impact and change many, many lives. Don’t focus on the dollars and sense. Focus on what you as an individual can do. We are among the top .5% of the seven billion people on this planet, so it’s our moral responsibility to try and help others who have been left behind."
AAHOA President and Chairman Attend NYU International Hospitality Industry Investment Conference
  
This past week, AAHOA President & CEO Laura Lee Blake and AAHOA Chairman Miraj S. Patel traveled to New York to attend the NYU International Hospitality Industry Investment Conference. Laura Lee participated in a panel, "Value in the Midscale: Matching Product, Price, and Location with Demand," where she engaged in a thoughtful discussion with the fellow panelists. Miraj also participated in a panel, titled, "India: Inbound and Outbound Investment Opportunities with Asia's Growing Powerhouse."
 
Furthermore, Laura Lee and Miraj, along with AAHOA Treasurer Rahul Patel attended the UJA Federation of New York Hospitality Annual Event during the NYU conference. This year, Geoff Ballotti, President & CEO of Wyndham Hotels & Resorts, was recognized for his service and dedication to UJA and its mission.
Amerifab International, Inc.
Ajmera Law Group
AAHOA Advocacy in Action
SAVE THE DATE! AAHOA 2024 Fall National Advocacy Conference
  
The 2024 Fall National Advocacy Conference (FNAC) will be here before we know it. Save the date and ensure you're ready to convene on Capitol Hill with fellow AAHOA Members to advocate for America's hotel owners.
 
The 2024 AAHOA Fall National Advocacy Conference is taking place Sept. 18-19, 2024, in Washington, D.C., at the National Press Club.
 
AAHOA's Spring and Fall National Advocacy Conferences bring together industry leaders and hoteliers to engage in discussions with elected officials on issues that matter most to the hospitality industry. By participating, you are helping to make a difference for hotel owners and operators nationwide.
 
Stay tuned for further details as the event gets closer; AAHOA will soon launch the waitlist for those interested in attending. 
In Your Corner: Introducing AAHOA's Advocacy Newsletter
  
 AAHOA is thrilled to announce the launch of a new Advocacy eNewsletter, In Your Corner, designed to keep you informed and engaged with our ongoing efforts to advocate for the hospitality industry.
 
It is crucial to stay active and engaged in AAHOA. This newsletter will provide the latest updates on our advocacy efforts, opportunities to get involved, and stories of how members are making an impact.
 
One small housekeeping detail: AAHOA Members need to opt in to receive advocacy news from AAHOA. You can do this via MyAAHOA.
Featured Content
Get a Discount on CBRE Hotels Research Reports
AAHOA Members: CBRE has an exclusive discount code when purchasing a Hotels Research Report!

During the checkout process, use the following discount code when prompted to receive a 10% discount:  AAHOA_CBRE24
 
Take advantage of this discount code and purchase a CBRE Hotels Research Report today!
HerOwnership
HOTELS Magazine Asked Women Industry Leaders When Will "Women in Hospitality" Features Become Unneeded - Here’s What They Had to Say
  
HOTELS Magazine asked various women industry leaders the following question: It's 2024; when will "Women in Hospitality" features cease being written because the industry has reached a point where sex doesn't matter?
American Pride Bank
Charter Communications Operating, LLC
Member Testimonial

"It's an amazing opportunity to be able to come into a room with people from all over the hospitality industry and have the opportunity to connect with everyone around."

-Grant Gordon, Kennesaw State University, AAHOACON24 Collegiate Hotel Turnaround Competition Participant

AAHOA Education
WEBINAR - Effortless OTA Management: Tips for Accurate Commission Reconciliation
  
Day: Thursday, June 13
Company: INNRLY
Panelists: Vimal Patel and Biju Namboothiri 
 
Join our insightful webinar explicitly designed for hotel owners to master the intricacies of reconciling OTA booking commissions. Learn the common pitfalls and how failure to properly reconcile these commissions has become an industry-wide epidemic. Review proven manual processes and learn how new, automated procedures can improve both efficiency and accuracy. The best and fastest way to improve your profitability is by not paying unnecessary expenses. Don't miss this opportunity to hear how you can boost your bottom line.
Hotel Equities
Red Roof Inn
Featured Club Blue Member
DISH™ BUSINESS
  
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!
DISH Business
Panasonic
Featured Member Benefit
FORTIS
  
Simplify hospitality payments with the Fortis Platform. Our all-in-one solution seamlessly integrates into your property management system, specialty solution, or hospitality interface. Our Guides help tailor our proprietary platform to meet your specific needs and connect you with the right solutions for your guests.
Featured Platinum/Silver Partner
BOOKIT N GO
  
Our mission at Bookit N Go is to make affordable travel services to customers and to deliver pleasurable travel experiences that are seamless from end to end. We offer hasssle-free travel services from the moment you start planning your vacation. We made the search and booking process simpler and stress-free as it ought to be.
Red Lion Hotel Corp - Sonesta
PayRange
Industry News
Pent-Up Demand for Lodging has Waned While Other Areas Are Getting Stronger
In a recent interview, Loews Hotels' Executive Chairman Jonathan Tisch said pent-up travel has largely leveled off after the a post-pandemic frenzy, but the industry remains very strong, with group travel continuing to be strong, and corporate travel is finally starting to rebound.
(Source: CNBC)
Survey: Americans Favor "Bleisure" Trips as Business Travel Rebounds
The trend of combining business and leisure trips, which gained major traction in the early days of post-pandemic recovery, doesn't appear to be going anywhere, as a recent survey revealed nearly half of all business trips planned for this coming year will be combined with leisure activities.
(Source: Asian Hospitality)
Inconsiderate Pot Smokers Are Infiltrating Hotels. What Can Be Done?
Thanks to changing legislation and attitudes, marijuana use is on the rise, and hotels are seeing a dramatic increase in pot-related negative reviews from guests who don't particularly appreciate the strong odor and secondhand smoke, as well as the negative ramifications of turning a room reeking of weed after checkout.
(Source: Forbes)
Hilco Real Estate
Naylor Association Solutions
Today's Hotelier

Building a Brighter Future

AAHOA Lifetime Member Dr. Kiran C. Patel wears many hats – cardiologist, philanthropist, community leader, entrepreneur, and hotelier – and earned the distinction of being named Floridian of the Year in 2018. And his keynote presentation during AAHOACON24 in Orlando, FL, drew rapt attention as he gave a tiny glimpse into a few of his countless philanthropic endeavors. As demonstrated by his many successes in business and medicine, it’s clear he’s no stranger to hard work nor the vision and work ethic required to execute his vision, time after time.

"I want people to know money and wealth can create comfort and convenience but can never bring fulfillment," Dr. Patel said. "If you want happiness for a year, create a fortune. If you want happiness for a lifetime, help someone else.

Read more
In the Market
U.S. RevPAR +1.0% y/y Last Week. Mediocre Results for a Leisure-Heavy, Low Relative Occupancy, Holiday Week
  
Truist Securities reports, “Overall U.S. RevPAR was +1.0% y/y for the week ending 6/1/2024, per STR, below the prior week's result of +3.9% y/y and below the trailing 10-week average of +2.0%. On a holiday Memorial Day week with relatively light business travel (a relatively heavier leisure week), we are not surprised RevPAR growth was up slightly y/y. We would say Memorial Day weekend performance was not a bust but also a reflection that Americans are seeking value vacations (home or abroad), which is contributing to modest RevPAR growth y/y for summer leisure. Upscale RevPAR: +1.3% y/y; Upper Midscale RevPAR: +0.5% y/y”.
 
For more, read the full report here, and read the China/Europe report here.