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| August 8, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AAHOA News
 We need your input to support our advocacy efforts for the Loans In Our Neighborhoods (LIONS) Act (H.R. 7242), which proposes increasing Small Business Administration (SBA) 7(a) loan limits from $5M to $10M.
Why it Matters: Your insights are crucial for influencing policy. Completing a brief 3-question survey by 11:59 p.m. EDT on Saturday, August 31, 2024, will bolster our case for enhanced financial support, directly benefiting our community and entrepreneurs across America.
Deeper Dive: Responses are confidential and pivotal in our collective advocacy efforts. When we each play a small role, we can have a great impact.
 AAHOA is thrilled to announce that Neeti Dewan, globally recognized author, motivational speaker, and CEO, will be the Day 1 Keynote Speaker at the 2024 HerOwnership Conference!
Taking place in Redondo Beach, CA, at the stunning Sonesta Redondo Beach & Marina on September 12-13, this transformative event is dedicated to empowering women in hospitality.
Neeti, also known as The Executive Yogi, will discuss how women can shift their mindsets to achieve success, drive growth, and advance their careers in unique ways during her keynote, "Mindset Makeover - Personal & Business Growth Strategies of Leading Women Hoteliers."
This is a can't-miss keynote that will teach attendees insights on how to effectively lead with both your head and your heart.
 What Happened: Congratulations to Midwest Regional Director Kalpesh Joshi and our incredible Ambassadors for pulling off a fantastic Hotel Owners Conference & Trade Show. With 160 attendees, we welcomed two new members and raised an impressive $8,600 for PAC!
Deeper Dive: Our event was packed with inspiration and insights from an amazing lineup of speakers: Congressman Raja Krishnamoorthi (D-IL), Consul General of India in Chicago Somnath Ghosh, and CBRE Hotels Advisory Consultant Richard Mandigo. Plus, we had special video messages from Waterloo, IA, Mayor Quentin Hart, and Illinois Hotel Lodging Association President/CEO Michael Jacobson!
We also introduced an important survey to support our advocacy efforts for the Loans In Our Neighborhoods (LIONS) Act (H.R. 7242), which proposes increasing SBA 7(a) loan limits.
 What Happened: AAHOA welcomes Macrotech as its newest Club Blue Partner. Club Blue is the highest level of partnership in AAHOA's Industry Partner program, and only 11 of AAHOA's 300 Industry Partners fall into this esteemed group of industry product and service providers.
What's Next: "We are delighted to have Macrotech join AAHOA's Club Blue Industry Partner program," said Chairman Miraj S. Patel. "Their extensive experience in guest support services will greatly benefit our members. We're eager to introduce this partnership at our upcoming events, including the Hotel Owners Conferences & Trade Shows, and AAHOACON25 in New Orleans."
Deeper Dive: Macrotech specializes in delivering technology-driven solutions for the hospitality industry. Their innovative products, including Cloud Phone Systems, Smart Locks, Guest Wi-Fi, Virtual Assistance Kiosks, Interactive TV Services, and ID Scanners, help businesses shift from selling rooms to creating exceptional experiences.
Why It Matters: "For over 23 years, AAHOA Members have been a cornerstone of Macrotech's success. Becoming a Club Blue Partner was a natural progression for us. We are excited to continue serving this community we love and making an impact with our innovative hospitality technology products,” said Macrotech CEO and Co-Founder Dipak Patel.
What Happened: This week, AAHOA released the latest issue of In Your Corner Advocacy Brief. Stay informed and empowered with "In Your Corner," AAHOA's monthly advocacy newsletter.
Deeper Dive: In this issue, we delve deep into AAHOA's impactful advocacy efforts, explore various state updates, present a quick survey on SBA loan limits, and offer you a chance to join the waitlist for the Fall National Advocacy Conference.
Why it Matters: Sign up today to receive the freshest news, updates, and insights straight to your inbox. Opt-in to stay updated on crucial advocacy information that directly affects you and your business.
 AAHOA Members are invited to the Day 1 listening session of the August 2024 AAHOA Board Meeting.
AAHOA Advocacy in Action
Featured Content
 If you are looking to do business with America's hotel owners, you need to partner with AAHOA.
AAHOA's recently released vendor partner video highlights ways potential AAHOA Vendor Partners can gain access to members of the largest hotel owners association in the country.
AAHOA Members are industry leaders with tremendous buying power and proven loyalty. If your business is in the hotel business, AAHOA is the place to be.
 What Happened: Are you ready? The 2024 HerOwnership Conference Promo Video is now available on YouTube! Get a sneak peek into why attendees return year after year and discover what awaits new attendees at this transformative event.
Why it Matters: Join us in Redondo Beach, CA, on Semptember 12-13, for an experience dedicated to empowering women in hospitality, focusing on mental health and wellness, executive leadership, and hotel ownership. Stay tuned for the full agenda to be published early next week!
See you in Redondo Beach!
Secure your spot because spots are filling up quickly! Register today before the conference is sold out.
AAHOA Education
Studies show music enhances your business by making customers happier. But it’s important to know that under federal copyright law, when copyrighted music is performed in any establishment, permission must be granted from the copyright owner. In most cases, that permission comes in the form of a music license. In this webinar, you will hear from Daniel Spears from BMI, who will help you navigate the complex world of music licensing. BMI represents more than 1.3 million songwriters, composers, and publishers with over 20.6 million musical works.
Featured Club Blue Member
Macrotech specializes in delivering technology-driven solutions for the hospitality industry. Their innovative products, including Cloud Phone Systems, Smart Locks, Guest Wi-Fi, Virtual Assistance Kiosks, Interactive TV Services, and ID Scanners, help businesses shift from selling rooms to creating exceptional experiences.
Featured Member Benefit
INFINITI HR is a Master Aggregator, The Professional Employer Organization for Hospitality Management© throughout all 50 states. INFINITI HR is recognized for the exceptional ability to support employer standards, mitigate employer risk and liability, while providing superior economies of scale and purchasing power for world-class, mid-range, and economy hotel properties of all sizes. For more information, visit our website, then contact Daniel Mormino (daniel.mormino@infinitihr.com) today to get started.
Featured Platinum/Silver Partner
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.
Industry News
A recent ruling by the nation's highest court related to regulatory overreach is being interpreted as largely favorable to employers, but the verdict brings with it several key items of which hoteliers need to be aware – including workplace safety and worker pay.
(Source: JD Supra) In search of a bigger foothold in the short-term lodging market, Airbnb is soon likely to greatly expand access to amenities often found in hotels, including massages and even personal chefs.
(Source: Business Insider)
Today's Hotelier
In the Market
As Truist Securities wrote, “Overall U.S. RevPAR was +1.3% y/y for the week ending 8/3/2024, per STR, above the prior week's result of +0.9% y/y and above the trailing 10-week average of +0.8%. Consistent with recent weekly trends in leisure-heavy summer travel, overall RevPAR results were slightly positive y/y. Houston saw +46% y/y RevPAR growth as hurricane related displacement demand persists. Upscale RevPAR: +2.5% y/y; Upper Midscale RevPAR: +1.3% y/y.”
Upcoming Events
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AAHOA Alabama Hotel Owners Conference and Trade Show - Birmingham, AL
