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| August 29, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||
AAHOA News
 🚀 We're Just TWO WEEKS Away! 🚀
The 2024 HerOwnership Conference by AAHOA is right around the corner—happening September 12-13 in beautiful Redondo Beach, CA! 🌊
This is your chance to join an incredible community of women in hospitality for two days of inspiration, empowerment, and growth. Here’s what you can look forward to:
The clock is ticking—register today and secure your spot at this transformative event! 🌟
 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.
 What Happened: Thank you to Gulf Regional Director Vimal Patel, Ambassador Henil Patel, and other AAHOA members who recently met with Senator Bill Cassidy (R-LA) for his second Back-of-the-House Tour at a property in Broussard, LA.
Why It Matters: During the discussions, AAHOA Members highlighted several critical challenges facing the industry, including labor shortages, the LIONS Act, and the rising costs of credit card fees. Senator Cassidy’s commitment to advocating for our industry is commendable, and AAHOA is grateful for his continued support.
Featured Content
AAHOA Education
Join our "Decoding the Franchise Disclosure Document (FDD)" Webinar Series with Marisa Rauchway from CSG Law!
AAHOA's first ever three-part webinar series presents:
Whether you're a new or seasoned franchisee, this series provides essential insights into franchising trends and how to navigate the FDD to ensure your success.
Reserve your spot today and earn an AAHOA Learning Journey Certificate!
Are you overpaying for hotel supplies, facility maintenance, or bulk goods & services? Join us for a webinar on reverse auctions for hoteliers, brought to you by AAHOA and ERA Group (formerly Expense Reduction Analysts). By making suppliers compete for your business, you can achieve dramatic cost reductions while streamlining your procurement processes.
Reverse auctions can be a game-changer. By creating a competitive bidding environment (by assessing vendor markets and building competitive tension), hotel owners can revolutionize procurement and achieve significant cost savings while boosting efficiency.
AAHOA in the News
A new group of South Asian immigrant hotel owners is fighting a proposed bill they say would “destroy” the Big Apple’s hospitality industry and stomp out their American Dreams.
Indian-Americans behind the New York City Minority Hotel Association own some 120 non-union hotels mostly outside of Manhattan and they are pushing back against a controversial plan that would ban them from outsourcing jobs like housekeeping.
“Our coalition is the embodiment of the American Dream — hard working immigrant families who came to this nation, took a chance to build their small businesses and, over decades, created a community within the walls of their hotels,” said Mukesh Patel, a New York City hotelier and a founding member of the group who moved from India 30 years ago.
A new group, led by two Indo American hoteliers, has formed to oppose the New York City Council’s proposed “Safe Hotels Act,” otherwise known as Intro 991. The new group, the NYC Minority Hotel Association, joins other associations including AAHOA, the American Hotel & Lodging Association and the Hotel Association of New York City in saying the proposed ordinance would damage the city’s hotel business.
The bill, originally proposed by Councilwoman Julie Menin on July 18 and revised on Aug. 2, would require hotels to obtain a license in order to operate in the city. “The application term would be two years, and there would be an license fee of $200. Hotels would be required to maintain continuous front desk coverage and large hotels would be required to have continuous coverage by at least one security guard,” the city says on its website.
“All hotels would be required to maintain the cleanliness of each guest room. The licensee would be required to directly employ their core employees, subject to enumerated exceptions. Hotels that violate the license conditions would be subject to civil penalties.”
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
Docyt, pronounced “docket”, is a bundled, integrated, AI-powered accounting automation software platform. Docyt AI’s super power is enabling much faster decision making. Because it digitizes financial data, automates workflows, and continuously reconciles the books, you get real-time accounting. It also reduces the cost and technical complexity of bookkeeping and back-office tasks for businesses and their accountants.
Featured Platinum/Silver Partner
G6 Hospitality LLC is the leading economy lodging franchisor, with nearly 1,500 economy lodging locations under the Motel 6 and Studio 6 brands in the United States and Canada. Its portfolio of iconic brands has been synonymous with quality and great travel value for over 60 years. G6 Hospitality is committed to making hospitality accessible to all through responsible business practices and unparalleled opportunity for franchisees to build a legacy through ownership. Both Motel 6 and Studio 6 were recognized in the 2024 Entrepreneur Franchise 500® report, with Motel 6 ranking in the top 50 of all franchises. The Carrollton, Texas, based company was named a 2024 Leader in Diversity by Dallas Business Journal.
Industry News
As artificial intelligence expands its reach and application within the industry, hoteliers are adjusting future budgets to allocate funds to harness this still-evolving tool.
(Source: HospitalityNet)
Today's Hotelier
In the Market
As Truist Securities wrote, “Overall U.S. RevPAR was +4.5% y/y for the week ending 8/24/2024, per STR, above the prior week's result of +0.9% y/y and above the trailing 10-week average of +1.2%. Last week was one of the better leisure-centric weeks we have seen in some time, perhaps driven by timing. Last week we highlighted that the lift in August RevPAR is likely from August 2024 having five weekends whereas August 2023 had four weekends. Aiding results: DNC in Chicago (RevPAR +51.1% y/y) and Houston hurricane displacement continuing (+45.7%). Upscale RevPAR: +4.9% y/y; Upper Midscale RevPAR: +4.0% y/y.”
Upcoming Events
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AAHOA Georgia Town Hall | Augusta, GA
