Hotelier Weekly
September 12, 2024
Champion PTAC, LLC
AAHOA News
The Safe Hotels Act, proposed by the New York City Council, would negatively impact the city's hotel industry, which contributes millions annually to the local economy, according to speakers at an industry rally held today, September 12, at New York City Hall. AAHOA joined other industry associations and organizations to oppose the proposed Safe Hotels Act (Int. No. 991).
 
If passed, this act would prohibit hotels from operating without an additional license and prohibit using subcontractors for core functions such as housekeeping, front desk, and security.
 
Among industry leaders, AAHOA Treasurer Rahul Patel represented AAHOA and voiced concerns on the proposed act with support from AAHOA Northeast Regional Director Preyas Patel and AAHOA Mid-Atlantic Regional Director Mahendra (MZ) Patel.
 
"The Safe Hotels Act was not created in good faith, or the City Council would have reached out to us and our members," Rahul Patel said. "This act [City Council] is trying to pass will destroy our livelihoods. For us, this bill not only hurts small businesses but will hurt thousands of hospitality employees in the New York City area."
 
He noted in the Manhattan area, hotels contributed over $2.3 million in state and local taxes in 2021 and $7.2 million to the GDP. These numbers demonstrate how vital these small hotels are to the local economy.
 
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.

More than 100 AAHOA Members attended an LA City Council meeting where Councilmembers John Lee (CD-12) and Traci Park (CD-11) introduced AAHOA and paid tribute to the role local hoteliers have played in the city's development. Park and Lee presented AAHOA with a resolution recognizing the hoteliers' contributions.
 
After the presentation, LA Mayor Karen Bass made a special appearance to meet with AAHOA Members and congratulate them on their efforts, which warranted the recognition of a dedicated AAHOA Day.
 
AAHOA is excited to relaunch the 1-888-MY-AAHOA Member Call Center as part of our ongoing commitment to enhance member support and engagement. This valuable service gives AAHOA Members direct access to the resources, guidance, and solutions they need to succeed in today's competitive landscape.
 
With a focus on helping you make money, save money, and protect your investments, the
1-888-MY-AAHOA Call Center is here to assist with:
  • Franchise Relations Assistance
  • Legal and Business Challenges
  • Educational Resources
Call 1-888-MY-AAHOA (1-888-692-2462) today and unlock the full potential of your AAHOA membership. Whether you are looking to drive profitability, reduce operational costs, or safeguard your investments, we are here to help.
 
The call center is available Monday through Friday, from 9 a.m. to 5 p.m. ET. Calls will be answered by our team or routed to a dedicated voicemail, and we will respond within two business days.
  
AAHOA does not provide business or legal advice or representation to anyone. AAHOA goes to great lengths to ensure the information it provides is accurate and useful, but strongly recommends that all members consult an outside lawyer and obtain professional advice and representation that is appropriate to his/her particular situation.
 
The Southwest Region held a successful Hotel Owners Conference & Trade Show this week. Thanks to the leadership of Southwest Regional Director Dharmesh Ahir and the support of AAHOA Ambassadors, the event welcomed 120 attendees, gained four new members, and raised $33,212 for PAC! 
 
Speakers included Albuquerque Mayor Tim Keller and Lancing Adams, Acting Cabinet Secretary of the New Mexico Tourism Department. Attendees also received a special video message from New Mexico District Attorney Sam Bregman.
 
AAHOA Members and women hoteliers from across the country are gathered in Redondo Beach, CA., for the HerOwnership Conference. Stay tuned for a full recap and more information.
 
Here is a look at the 2023 event. Highlights for 2024 include:
  • Keynote Speakers: Raji Brar & Neeti Dewan, ready to ignite your leadership journey
  • Breakout Sessions: Covering everything from hotel ownership to personal branding
  • Masterclasses & Networking: Elevate your skills and connect with like-minded professionals
  • A Coastal Reception: Transport yourself to the Italian Coast for an unforgettable evening 
 
AAHOA Members will converge in Washington, D.C., for the annual Fall National Advocacy Conference next week. The event allows AAHOA to raise awareness of the most pressing matters facing hotel owners nationwide. At FNAC 2023, hoteliers had the opportunity to advance their policy priorities by meeting with more than 200 offices and 70 Members of Congress. 
 
AAHOA also hosts a companion event, the Spring National Advocacy Conference
 
AAHOA will discuss its legislative priorities. Members will also visit and meet with elected officials and share their stories with congressional representatives.
 
AAHOA also will honor its top Political Action Committee (PAC) donors with a special reception. 
 
What You Need to Know
  • A lawsuit alleging excessive fees charged to business owners by Visa and Mastercard has recently been settled.
  • Businesses that accepted Visa and Mastercard credit cards from 2004 to 2019 could potentially receive a portion of a $5.54 billion settlement.
  • Act soon: Claims must be submitted by Saturday, November 30, 2024. 
Time Is Running Out - Act Now!
The claim deadline has been extended! Don't miss out on your opportunity to receive funds from a $5.54 billion settlement reached with Visa and Mastercard for merchants who used their credit card services between January 1, 2004, and January 31, 2019. 
 
Draco Hygienic Products Inc.
PayRange
AAHOA Advocacy in Action
AAHOA needs your input to support our advocacy efforts for the Loans In Our Neighborhoods (LIONS) Act (H.R. 9176), which proposes increasing Small Business Administration (SBA) 7(a) loan limits from $5M to $10M. 
 
Your insights are crucial for influencing policy, especially ahead of the upcoming 2024 AAHOA Fall National Advocacy Conference. Completing a brief 3-question survey will bolster our case for enhanced financial support, benefiting our community and entrepreneurs across America.
 
Responses are confidential and pivotal in our collective advocacy efforts. When we each play a small role, we can have a great impact.
 
Take the survey here.
American Pride Bank
Charter Communications Operating, LLC
AAHOA Education
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, Wednesday, September 18
    INNRLY: Make QuickBooks Work Better For You!
    Register Today
  • CSG Law: Decoding the Franchise Disclosure Document (FDD) Part 1
    View on Demand
  • CSG Law: Decoding the Franchise Disclosure Document (FDD) Part 2
    View on Demand
  • CSG Law: Decoding the Franchise Disclosure Document (FDD) Part 3
    View on Demand
  • Booking.com: Finance Training With AAHOA
    View on Demand
  • ERA Group: Your Secret Weapon for Saving Money: Reverse Auctions!
    View on Demand
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
  
HBO, the oldest and most award-winning premium channel in the U.S., is offering AAHOA Members the chance to earn money back. Members get a rebate of $9 per room (5-year contract) or $7 per room (3-or 4-year contract) when they add or renew HBO at their properties. Click here today to complete the rebate form and get started.
DISH Business
Condair Ltd.
Featured Member Benefit
  
With an on-ground coast-to-coast presence, TV Asia is aired across multiple platforms, including satellite, cable, and broadband. Available as part of South Asian Combo Packages, TV Asia represents a significant opportunity to market to a South Asian audience with a strong cultural connection. We offer custom ground opportunities to create events, build relationships, and strengthen and reinforce your brand with exposure on social media (Facebook, Twitter, Instagram, YouTube, and Snapchat), TV, print, and radio.
Featured Platinum/Silver Partner
  
Extended Stay America is a hospitality company that goes beyond the basics of just simple accommodations. We pride ourselves in focusing on long-term stays with emphasis on the right level of simplicity and functionality. To ensure we make quality connections with each one of our guests, we are determined to hire the right kind of people who have a desire to do great work, and ensure our values are passed on to you.
Naylor Association Solutions
Industry News
The recently proposed "Safe Hotels Act” may be lingering in legislative limbo, but it is already affecting the financial viability and operational costs for existing hotels and impacting risk for and development of future projects in New York City.
(Source: Hotel Management)
With travelers always in search of a bargain, short-term rentals, like Airbnb, are gaining market share in small- and mid-sized cities, though regulation in major metropolitan areas is helping drive hotel growth in the economy as a whole.
(Source: CoStar)
Illinois is set to become the latest in a growing number of states that have outlawed the commercial use of single-use toiletries in hotel rooms as environmental advocates push for a future with less plastic waste.
(Source: NBC Chicago)
Naylor Association Solutions
Naylor Association Solutions
Today's Hotelier

We've come a long way

As we celebrate AAHOA's 35th anniversary, we are reminded AAHOA was founded to give Asian American hoteliers a unified voice, amplifying our message and strengthening our influence.

Our influence extends to significant bargaining power with vendors, government entities, commercial institutions, and private companies, making AAHOA a crucial platform for businesses to connect with our network.

To echo a longstanding slogan, AAHOA best serves its members by "Making Money, Saving Money, and Protecting Your Investments."

We encourage all members to fully leverage the advantages of AAHOA membership, ensuring their businesses thrive now and in the future.

Read more

In the Market
  
As Truist Securities wrote, “Overall U.S. RevPAR was -5.2% y/y for the week ending 9/7/2024, per STR, below the prior week's result of +3.6% y/y and below the trailing 10-week average of +0.6%. Last week's results were overall soft in the midweek and weekends, likely impacted by an earlier Labor Day this year following an extra weekend in August. There was a tough group setup in several major markets including Las Vegas (RevPAR -19% y/y). In Houston, we may be seeing hurricane-related displacement demand moderating as RevPAR was +19% last week versus +35% over the last month. Upscale RevPAR: -5.6% y/y; Upper Midscale RevPAR: -5.0% y/y”.
 
For more, read the full report here, and read the China/Europe report here.