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| November 14, 2024 | |||||||||||||||||||||||||||||||||||||||||||||
AAHOA News
 Step into an exclusive opportunity created just for AAHOA Members and hotel owners to explore development possibilities with Marriott. Join us for this full-day forum designed to connect you directly with Marriott leadership and to uncover investment potential in top brands like Aloft Hotels, Element Hotels, Fairfield Inn, SpringHill Suites, City Express by Marriott, and StudioRes.
Event Highlights
- Date: December 5, 2024
- Time: 8:30 a.m.-5 p.m.
- Location: Sheraton Dallas, Dallas, Texas
 In order to be eligible to vote on April 16, 2025, you must satisfy the following requirements:
Reminders:
 Get ready to celebrate the next generation of hospitality leaders! The "35 Under 35" Award Program will launch at the 2025 AAHOA HYPE Conference to spotlight young professionals shaping the future of hospitality. These trailblazers—under 35 and already making waves in hotel ownership, management, associations, and hospitality brands—are setting new standards in innovation, leadership, and dedication.
Ready to elevate the industry? Join us in honoring the leaders who are driving it forward!
Click the link below to nominate a young professional today!
 What Happened: South Florida Regional Director Chetan (Chris) Patel and North Florida Regional Director Jayesh (Jay) Patel, Ambassadors, and all the sponsors, vendors, and attendees made the Florida Region Hotel Owners Conference & Trade Show a huge success!
Deeper Dive: With 226 attendees, 70 vendors, and an impressive $80,128 raised for AAHOA PAC, this was the perfect way to close out the 2024 Hotel Owners Conferences & Trade Shows.
Thank you to the esteemed panelists who took part in the special Q&A Panel – Rep. Tom Leek, Sen. Debbie Mayfield, Rep. Ryan Chamberlin (R-D24), Rep. Chase Tramont (R-D30), and Ormond Beach Mayor Bill Partington. We also welcomed guest speaker Andy Palmer, Partner at Metz, Husband & Daughton (MHD).
AAHOA is eager to carry this momentum into 2025!
 What Happened: AAHOA wrapped up its final Charity Golf Tournament in style. Held in Daytona Beach at the beautiful LPGA, the North and South Florida Regions came together under the leadership of Regional Directors Jayesh (Jay) Patel and Chetan (Chris) Patel, along with the dedicated Ambassadors of the regions.
Deeper Dive: With 90 golfers and 12 sponsors, AAHOA raised nearly $76,000 for the AAHOA Charitable Foundation.
Thank you to the incredible sponsors for their support and to everyone who participated and made this event such a success. Your contributions are helping AAHOA continue its mission of giving back to those in need.
Cheers to an amazing year of tournaments, and here’s to making an even bigger impact in 2025!
AAHOA Advocacy in Action
Featured Content
What You Need to Know
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 with Visa and Mastercard for merchants who used their credit card services between January 1, 2004, and January 31, 2019.  What's Happening: From Hollywood to Capitol Hill, the influence of Indian Americans is stronger than ever! This vibrant community has brought unique perspectives to the U.S., and their contributions are reshaping the landscape in politics, entertainment, and hospitality.
Deeper Dive: Around 60% of America’s hotels are owned by Indian Americans, with many moving into executive roles in major hotel chains. In the November issue of Asian Hospitality magazine, Lina Patel, former AAHOA Women Hoteliers Director Eastern Division (2017-2023), highlights the values that drive their success: hard work, entrepreneurship, and family.
Giving Back: Additionally, Lina recently traveled to Nepal in partnership with Red Roof Inn and the AAHOA Charitable Foundation, making a meaningful impact at Hillary School, one of the highest-altitude schools in Nepal. Lina and her team delivered backpacks filled with educational supplies to the children and teachers who will benefit from them for years to come. Despite a customs hurdle, the AAHOA Charitable Foundation stepped in with a letter to ensure the backpacks reached the students safely.
AAHOA Education
AAHOA in the News
Featured Club Blue Member
New Orleans-based Gauthier, Murphy & Houghtaling Law has had a leading role in litigation that has shaped the civil landscape in the U.S. for more than 50 years. Their attorneys have extensive experience representing clients in many areas, including business litigation, natural disaster litigation, class actions, insurance disputes, and more, and have secured hundreds of billions of dollars (yes, with a "B") in verdicts and settlements for their clients. Check out their website to see how they can help with your legal needs.
Featured Member Benefit
Since 2007, Jacaruso Enterprises has led the industry in Remote Hotel Sales Services. We support over 3,500 hotels worldwide, ranging from suburban, urban, airport, and metropolitan to boutique hotels. Our dedicated team of Regional Sales Directors with diverse expertise ensures we always have the right fit for your hotel and market niche. We help you navigate sales resources and brand tools, champion your brand’s sales culture, and customize specific strategies to boost your hotel’s revenues and rankings.
Featured Platinum/Silver Partner
Extended Stay America is a hospitality company that goes beyond the basics of just simple accommodations. We pride ourselves on focusing on long-term stays with an 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.
Industry News
Some experts are prediction the incoming administration will prioritize the passage of pro-business legislation while simultaneously lowering tax rates, both of which, in tandem, could provide a boost to the hospitality industry.
(Source: Yahoo! Finance) As consumer spending tightens and domestic leisure travel declines, hoteliers in the budget end of the economy are seeing a shrinking bottom line.
(Source: Hotel Dive)
Today's Hotelier
In the Market
As Truist Securities wrote, “Overall U.S. RevPAR was -3.5% y/y for the week ending 11/9/2024, per STR/CoStar, below the prior week's result of +3.1% y/y and below the trailing 10-week average of +1.5%. As expected, there was soft business travel (particularly Group) during election week. Group RevPAR was -14.5% y/y last week which comps against what is normally a decent group week of early November. Some corporate offices were closed in anticipation of potential uncertainty around election results/protests. RevPAR declines were pronounced on Monday and Tuesday of around -13% to -14% y/y. Hoteliers expect recovering business travel for the rest of 4Q ex-holidays. Upscale RevPAR: -5.8% y/y; Upper Midscale RevPAR: -1.2% y/y.”
Upcoming Events
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AAHOA Southeast Texas Town Hall | Bryan, TX
