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| November 21, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||||
AAHOA News
 New Ideas. New Connections. New Orleans.
Get ready for the hospitality event of the year! With the industry’s largest trade show, powerful keynotes, and transformative educational sessions, AAHOACON25 is more than a convention—it’s where innovation, networking, and success come to life.
This year, join us in vibrant New Orleans! Immerse yourself in an unforgettable atmosphere while gaining the tools, insights, and partnerships to shape the future of hospitality. Lifetime Members: Early access rates start at just $199—register by December 31 to take advantage of this special offer!
Take a look at the brand-new AAHOACON25 promo video and get excited for the event of the year!
 In order to be eligible to vote on April 16, 2025, you must satisfy the following requirements:
Reminders:
 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
- Time: 8:30 a.m.-5 p.m.
- Date: December 5, 2024
- Location: Sheraton Dallas, Dallas, Texas
AAHOA Advocacy in Action
Featured Content
 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: DEI Advisors, a nonprofit organization dedicated to fostering self-empowerment in the hospitality industry, is proud to announce the launch of It's Personal Stories, A Hospitality Podcast, the first and only podcast of its kind to focus on the personal journies of self-empowerment from leaders across the hospitality sector.
Deeper Dive: The launch of It's Personal Stories is driven by overwhelming feedback from listeners who find the leaders' stories of career triumphs, setbacks, and strategies deeply inspiring and applicable. These interviews offer practical guidance on navigating workplace challenges, self-advocacy, achieving work-life harmony, and building influential networks.
Why It Matters: To date, DEI Advisors has conducted over 200 interviews with renowned professionals in the hospitality industry. Their conversations have featured nearly all CEOs of major hotel companies, as well as prominent AAHOA leaders like AAHOA Chairman Miraj S. Patel, Past Chairwoman Jagruti Panwala (2019-2020), Mit Shah, Rupesh Patel, Heena Patel, Seema Patel, Mitch Patel, and many others.
All interviews, past and future, can be accessed on ItsPersonalStories.com and through major podcast platforms, including Spotify and Apple Podcasts.
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.
AAHOA in the News
Featured Club Blue Member
Featured Member Benefit
All Insurance Underwriters (AIU) is a National Managing General Agency giving AAHOA Members the option to retain current Insurance Agents. We also offer all Commercial General Lines of insurance, together packaged with Worker’s compensation (where applicable) extra savings can be found. Check out the website for more information on AAHOA Member benefits, and fill out a form to contact one of our dedicated team members.
Featured Platinum/Silver Partner
Red Roof is a leader in the economy lodging industry with franchised, corporate-managed, and corporate-owned properties, serving millions of guests each year. With coast-to-coast locations, Red Roof has over 360 properties in the U.S. The primary goal at Red Roof is to provide customers with savings without sacrificing comfort. The brand recently completed a $150 million investment to renovate and upgrade hotels nationwide with sleek and modern NextGen® redesign elements.
Industry News
According to updated research, the leisure and hospitality segment of the economy continues to struggle more than other industries when it comes to attracting and retaining workers.
(Source: Statista) The Trump administration has said it plans to prioritize U.S. leadership in further developing AI technology, which bodes well for an industry like hospitality, where it remains challenging to fill job openings while guests simultaneously expect tech-based experiences.
(Source: PhocusWire)
Today's Hotelier
In the Market
As Truist Securities wrote, “Overall U.S. RevPAR was +0.4% y/y for the week ending 11/16/2024, per STR/ CoStar, above the prior week's result of -3.5% y/y and below the trailing 10-week average of +2.1%. There are many moving pieces to last week's results that present a weaker net result than what we will expect for many of the following weeks of 4Q. Veterans Day's public holiday shifted into this Monday from the 2023 prior week Friday (net negative). Las Vegas and San Francisco had difficult comps given the lapping of the F1 race and APEC, respectively. Upscale RevPAR: +2.7% y/y; Upper Midscale RevPAR: +2.0% y/y.”
Upcoming Events
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AAHOA Northeast Town Hall | Randolph, MA
