Hotelier Weekly
September 5, 2024
Champion PTAC, LLC
AAHOA News
Just ONE Week Away! Get Ready for the 2024 HerOwnership Conference by AAHOA!
We’re just one week away from the 2024 HerOwnership Conference in Redondo Beach, CA! 🚀
 
Here’s what you need to know:
  • Last Chance to Enter the Race to Redondo Sweepstakes!
    • Register by Friday, September 6, to be automatically entered to win a 2-night stay and round-trip airfare to the conference. The winner will be announced on Friday, September 13, at the conference, and you MUST be present to claim your prize.
  • Bonus Giveaway: Yeti Cooler from M3
    • M3 has graciously offered to raffle off a Yeti cooler on Friday! Another reason not to miss this event. More details will be available onsite at the conference.
  • La Dolce Vita Reception
    • Join us Thursday evening for the La Dolce Vita reception, inspired by the Italian coast. 🌅 Please come dressed in elegant attire in shades of blue, yellow, and white. It’s going to be a night to remember!
  • Ready to Register?
    • Remember, registration is FREE for AAHOA Members. If you’re not a member, your registration fee will go toward an annual AAHOA membership, giving you access to a world of benefits.
The clock is ticking—register today and secure your spot at this transformative event! 🌟
 
Read the September 2024 Edition of Today's Hotelier Magazine!
🌟 Exciting news! Rep. Young Kim (CA-40) is the cover feature for the September issue of Today's Hotelier! In this inspiring article, she talks about the importance of diversity in government and her commitment to transparency in the hospitality industry.
 
Rep. Kim is championing H.R. 6543, the No Hidden Fees on Extra Expenses for Stays (FEES) Act, a bill backed by AAHOA that aims to ensure all short-term lodging providers clearly disclose mandatory fees. She also highlights the vital role hoteliers play in her district's local economies.
 
"California's hospitality industry is one of the largest in the country and is critical for local economies in my district," she shared.
 
Make sure to dive into this insightful piece when you read the new edition of Today's Hotelier Magazine!
 
AAHOA Member Contributions to Los Angeles Recognized by Los Angeles City Council 
What Happened: The Los Angeles City Council recognized AAHOA with "AAHOA Day" on Wednesday, September 4, in acknowledgment of the association's pivotal role as entrepreneurs, job creators, and contributors in the Greater Los Angeles Area.
 
Deeper Dive: AAHOA Members attended a city council meeting where Councilmember John Lee (CD-12) and Councilmember Traci Park (CD-11) introduced AAHOA and paid tribute to the role the area hoteliers have played in the city's development. Park and Lee presented AAHOA with a resolution recognizing the hoteliers' contributions.
 
Councilmember Paul Krekorian (CD-2) said it was appropriate that the recognition coincided with the city's 243rd birthday.
 
"It's easy to say 'I love LA and be an LA booster,'" he said. "You came here, worked 12- to 14-hour days to build a business, create savings, and then invested your life savings in the soil we are on….that is how you show you love LA."
 
PayRange
AAHOA Advocacy in Action
Action Alert: Support the LIONS Act Before FNAC
What's Happening: Ahead of the 2024 AAHOA Fall National Advocacy Conference in Washington, September 18-19, AAHOA is seeking to build momentum on the landmark legislation addressing AAHOA Members needs: the Loans In Our Neighborhoods (LIONS) Act.
 
Deeper Dive: AAHOA has long advocated for increases to SBA loan limits. We’re pleased to report Congressman Shri Thanedar (D-MI) announced the introduction of the LIONS Act, a bill designed to amend the Small Business Act by increasing the maximum gross loan amount for section 7(a) loans, from $5M to $10M, which would provide greater financial support to small businesses. Furthermore, this bill is bipartisan in that Congressman Mark Alford (R-MO) and Raja Krishnamoorthi (D-IL) have both supported it.
 
Thanks to Congressman Thanedar's leadership, this legislation has been referred to the House Small Business Committee, but we also have you to thank; it is because of your persistence, advocacy, and connections with lawmakers to showcase the need for this legislation that we are where we are today.
Read the Latest Edition: AAHOA In Your Corner Advocacy Brief
The August Edition of In Your Corner, AAHOA's advocacy brief designed to keep you informed and engaged with our ongoing efforts to advocate for the hospitality industry, is now available to read.
 
Staying active and engaged in AAHOA is crucial. This newsletter will provide you with the latest updates on our advocacy efforts, opportunities to get involved, and stories of how members are making an impact.
 
 
HerOwnership
Race to Redondo: Win Your Way to HerOwnership!
We're just two weeks away from the 2024 HerOwnership Conference! Register now, and you could win a 2-night stay and round-trip airfare to beautiful Redondo Beach, CA!
 
Simply register by September 6 to be automatically entered. The winner will be announced at the conference—don’t miss out!
 
This is your chance to attend an empowering event made BY women hoteliers, FOR women hoteliers. Register today and race to Redondo!
  • Details:
    🔹 Eligibility: Open to all who register by September 6.
    🔹 Prize: Reimbursement of up to $1,100 for 2-night hotel stay & round-trip coach airfare.
    🔹 Winner must be present at the conference to claim the prize.
American Pride Bank
Charter Communications Operating, LLC
AAHOA Education
September Is Packed With Valuable Learning Opportunities With AAHOA's Webinar Series!
Whether you're navigating the complexities of the Franchise Disclosure Document (FDD) or looking to master financial strategies with industry leaders like Booking.com, we've got you covered. Take advantage of these expert-led sessions designed to empower hotel owners and operators to succeed.
 
Recent and Upcoming Webinars:
  • 2 p.m. EDT, Tuesday, September 3
    CSG Law: Decoding the Franchise Disclosure Document (FDD) Part 1
    View on Demand
  • 2 p.m. EDT, Wednesday, September 4
    CSG Law: Decoding the Franchise Disclosure Document (FDD) Part 2
    View on Demand
  • 2 p.m. EDT, Thursday, September 5
    CSG Law: Decoding the Franchise Disclosure Document (FDD) Part 3
    Register now
  • 2 p.m. EDT, Tuesday, September 10
    Booking.com: Finance Training With AAHOA
    Register now
  • 2 p.m. EDT, Wednesday, September 11
    ERA Group: Your Secret Weapon for Saving Money: Reverse Auctions!
    Register now
  • 2 p.m. EDT, Wednesday, September 18
    INNRLY: Next-Gen Business Performance Analysis: Manage What Matters!
    Details coming soon!
These sessions will give you the knowledge and tools you need to thrive in the competitive hospitality industry.
 
Mark your calendars and register today!
Decorative Ceiling Tiles, Inc.
Red Roof Inn
Featured Club Blue Member
AVENDRA
  
As North America’s leading hospitality procurement services provider, Avendra offers AAHOA Members competitive pricing from its 800+ supplier contracts. Earn huge savings on engineering, rooms operations, administrative, replacement FF&E, and more! Check out the website or call 866-AVENDRA and start saving today!
DISH Business
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
SONESTA
  
At Sonesta International Hotels, we open our doors and welcome the world. We offer service with a passion, loyalty with a purpose, and a commitment to the many faces—new and familiar—that stay with us. The human side of hospitality is the core of our culture. Our mission is to wow every guest, team member, partner and community in which we operate by delivering quality, value and amazing hospitality.
Naylor Association Solutions
Industry News
More Hotels Around the World Report an Average Rate of Over $1,000
In a continuing show of industry strength and resilience, hotel room rates are rising across the globe, with more rooms than ever commanding north of $1,000-per-night.
(Source: CoStar)
Strikes Start at Top Hotel Chains Across the Country as Housekeepers Seek Higher Wages
With perpetual labor shortages and rising materials costs remaining ongoing industry concerns, workers and hoteliers remain divided on worker pay, as employees at numerous major branded properties are walking off the job this week amid negotiations between worker unions and the brands.
(Source: CBS News)
Understanding America’s Labor Shortage: The Most Impacted Industries
WIth a current average quit rate of 4%, hospitality remains one of the most volatile industries as hoteliers continue to search for creative ways to identify and nurture top talent.
(Source: U.S. Chamber of Commerce)
Naylor Association Solutions
Naylor Association Solutions
Today's Hotelier

How AAHOA advocacy protects your profitability

Revenue is more than just a metric – it's the lifeblood that enables us to invest, innovate, and sustain our businesses.

Our industry continues to face significant challenges, most notably in labor and insurance costs. If you’ve been to an AAHOA Hotel Owners Conference & Trade Show this year, you’ve likely heard me address this very thing on the General Session stage.

Recruiting and retaining skilled workers continues to be increasingly difficult, with competitive wages putting pressure on our budgets. Insurance costs continue to soar, further straining our financial resources.

Given these challenges, we must adopt innovative strategies to maintain and grow our revenue and ensure the sustainability of our industry. AAHOA’s advocacy efforts aim to protect the businesses of AAHOA Members and push forward industry-friendly legislation that reduces red tape, levels the playing field, and ensures the long-term health of our industry. So much of the work AAHOA is doing in Washington is to protect the bottom lines of AAHOA Members.

Read more