Hotelier Weekly
October 3, 2024
Champion PTAC, LLC
AAHOA News
RECAP: Red Roof Brand Alliance Meeting
What Happened: This past week, AAHOA hosted a Brand Alliance Meeting with Red Roof. AAHOA leadership had the chance to share AAHOA’s latest efforts in advocacy, membership, events, and more.
 
Special thanks to Red Roof President Zack Gharib, Chief Development Officer Matthew Hostetler, and AAHOA Lifetime Member & Director of Strategic Franchise Initiatives Lina Patel for being such welcoming hosts.
 
Why It Matters: These meetings provide our members with valuable face-to-face interactions with brand leadership, fostering dialogue on key industry topics and strengthening our partnership.
 
OUT NOW: The October 2024 Issue of Today's Hotelier Magazine!
What Happened: Meet Purnima Patel and Shetal Zina Patel, AAHOA Women Hoteliers Directors who are revolutionizing the hotel industry for women! From growing up in family-run motels to leading successful hotel businesses, they know firsthand what it takes to turn dreams into reality.
 
Why It Matters: Through the incredible HerOwnership initiative, they're empowering women across the country to take charge, own their businesses, and thrive in hospitality.
 
Their message? You already have the knowledge and skills -- now it's time to take the leap and build your empire! Whether it's running your hotel business or climbing the corporate ladder, you deserve the chance to your own success. 
 
Join AAHOA at The Lodging Conference Next Week!
What's Happening: AAHOA is proud to announce its participation at The Lodging Conference, taking place October 7-10 at the JW Marriott Phoenix Desert Ridge Resort & Spa. This premier industry event brings together hospitality leaders for networking, learning, and collaboration.
 
Hear from Present and Past Leaders: AAHOA Officers Chairman Miraj S. Patel, Vice Chairman Kamalesh (KP) Patel, Treasurer Rahul Patel, and Secretary Pinal Patel will be featured speakers, sharing their insights on the future of hospitality. Additionally, Immediate Past Chairman Bharat Patel (2023-2024) will join them as a speaker, highlighting AAHOA's continued leadership and expertise in the industry.
 
Reception: Take advantage of the opportunity to connect with AAHOA at the conference! Join us for a VIP reception hosted by AAHOA on Tuesday, October 8, from 5:30-7 p.m. in the Isle of Capri room at the JW Marriott. Network with industry professionals and learn more about AAHOA's initiatives in hospitality.
 
See you in Phoenix!
 
Swing for a Cause at the AAHOA North Texas Charity Golf Tournament!
Register now for next month's AAHOA North Texas Charity Golf Tournament!
 
Date: Monday, October 14
Location: Cowboys Golf Club
 
What's Happening: Join us for a day of golf at the renowned Cowboys Golf Club, the only NFL-themed golf club in the world! Network with fellow professionals while enjoying the top-notch course and vibrant atmosphere. All proceeds will benefit local charities, making this event a winning combination of business and community support.
 
Are you interested in becoming a sponsor? Contact sales@aahoa.com to learn more about sponsorship opportunities and how you can make a significant impact.
 
Draco Hygienic Products Inc.
PayRange
AAHOA Advocacy in Action
AAHOA Needs Your Input on SBA
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. 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.
Featured Content
SAVE THE DATE! HYPE Conference 2025
Exciting news for all young hospitality professionals! Get ready for the AAHOA HYPE (Helping Young Professionals Evolve) Conference 2025 in Mexico City, Mexico! 🌸
 
📅 February 6-7, 2025 – Mark your calendars for two days of powerful networking, learning, and growth opportunities. This is your chance to connect with industry leaders and other aspiring professionals in an inspiring and vibrant setting.
 
Stay tuned for more details—let's make 2025 the year of growth and ownership!
 
Claim Deadline Extended for $5.45B with Visa/Mastercard
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! Take advantage of 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. 
HerOwnership
October is National Women's Small Business Month!
National Women's Small Business Month is celebrated every October to recognize women-owned businesses and their contributions to the economy. The month also aims to encourage more women to pursue entrepreneurship.
 
Fun Facts:
  • The month of October was chosen to commemorate the signing of the Women's Business Ownership Act in 1988. Before this act, women needed a male relative to co-sign their business loan applications.
  • The number of women-owned businesses in the U.S. has grown exponentially since 1972, when there were just over 400,000. Today, there are more than 13 million women-owned businesses in the U.S.
  • The Small Business Administration (SBA) offers resources for women entrepreneurs, including the ability to apply for and maintain certification as a women-owned business.
AAHOA's HerOwnership Initiative aims to uplift, empower, and educate women in hospitality and give them the confidence to pursue hotel ownership. Let's continue to encourage women in all industries to follow their dreams of entrepreneurship!
 
American Pride Bank
Charter Communications Operating, LLC
AAHOA Education
Mark Your Calendars for These Upcoming October AAHOA Webinars!
  • Save Money Through Contract Spend Analysis!
    • Date: Wednesday, October 9, 2024
    • Company: ERA
    • Registration Link
    • Stay tuned for further details
  • Union Organization: How It Works, What to Know, and What You Can and Cannot Do as an Owner
  • Smart Hotels of the Future: Spoiler Alert -- The Future is Here!
    • Date: Wednesday, October 30, 2024
    • Company: Macrotech
    • Registration Link
    • Stay tuned for further details
 
Decorative Ceiling Tiles, Inc.
Red Roof Inn
Featured Club Blue Member
MACROTECH
  
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.
DISH Business
Condair Ltd.
Featured Member Benefit
STR
  
AAHOA Members get a 25% discount on the STAR report (during the 1st year of enrollment), a 15% discount on Pipeline reports, and a 10% discount on the School Break Report. Click here to view additional benefits, then contact STR at (615) 824-8664, ext. 3504 or info@str.com to get started.
Featured Platinum/Silver Partner
BEST WESTERN HOTELS & RESORTS
  
BWH Hotels is a leading global hospitality enterprise comprised of three hotel companies, including WorldHotels™, Best Western® Hotels & Resorts, and SureStay Hotels®. The global enterprise boasts approximately 4,300 hotels in over 100 countries and territories worldwide. With 19 unique brands across every chain scale segment, from economy to luxury, BWH Hotels suits the needs of developers and guests in every market, as each brand offers its own personality and style.
Naylor Association Solutions
Cox Business
Industry News
Women in Hospitality Work to Close Gender Gap
Thanks to the efforts of several key industry groups, gender equity in hospitality leadership positions is steadily increasing, though women still occupy far fewer executive-level positions than their male counterparts, even though women compose a majority the industry's overall workforce.
(Source: MSN)
What Does the OYO and G6 Hospitality Deal Mean for the Industry?
In a move that reverberated throughout the hospitality industry, hoteliers and investors are assessing the long-term future of the budget-hotel landscape.
(Source: HotelDive)
Recent Trends Report Anticipates the Rise of 'Travel Maximizers'
A noteworthy industry report is predicting a continued shift in the industry, with many travelers planning trips that maximize experiences over pure relaxation.
(Source: CoStar)
Naylor Association Solutions
Naylor Association Solutions
Today's Hotelier

Shattering the glass ceiling

Women in the hospitality industry comprise most of the workforce. They're the backbone of our families and our industry. Today, they represent 51.2% of the industry – quite a leap from 1980 when women held a minority of management roles. This progress is a testament to women’s hard work and resilience in our industry and should give us all a reason to feel proud and hopeful about the future.

That said, there remains much to be done. Studies show hotels with women in ownership roles outperform the brand average RevPAR index by 5%. This data highlights the positive impact of female leadership on business performance and should drive us to continue supporting and promoting women into leadership positions.

Read more
In the Market
U.S. RevPAR +10.2% y/y Last Week; Strong Results Due to Yom Kippur Holiday Shift
  
As Truist Securities wrote, “Overall U.S. RevPAR was +10.2% y/y for the week ending 9/28/2024, per STR/ CoStar, above the prior week's result of +2.5% y/y and above the trailing 10-week average of +1.9%. Last week's results benefited from an easy y/y comparison due to the holiday shift of Yom Kippur, which took place on Sunday 9/24 - Monday 9/25 last year. Yom Kippur takes place on Friday 10/11 - Saturday 10/12 this year and will make for a more difficult y/y comparison at that time. Upscale RevPAR: +10.3% y/y; Upper Midscale RevPAR: +6.6% y/y.”
 
For more, read the full report here.