Hotelier Weekly
December 5, 2024
Champion PTAC, LLC
AAHOA News
Nationwide Injunction Halts Corporate Transparency Act: What AAHOA Members Need to Know
What Happened: The U.S. District Court for the Eastern District of Texas has issued a nationwide preliminary injunction halting enforcement of the Corporate Transparency Act (CTA). This ruling means that AAHOA Members and other small business owners are not required to comply with the CTA's reporting requirements at this time.
 
The CTA, which was set to require millions of U.S. businesses to disclose "beneficial ownership" details to the Treasury Department by January 1, 2025, has been blocked as the Court found it exceeded Congress' regulatory powers.
 
What This Means for AAHOA Members
  • No Immediate Action Required: The Court's ruling means that businesses, including hotels owned by AAHOA Members, are not required to file beneficial ownership reports as previously mandated.
  • Temporary Relief: The CTA's requirements were criticized for being overly burdensome and costly for small businesses. This injunction relieves small businesses from the administrative and financial burdens the CTA would have imposed. AAHOA Chairman Miraj S. Patel described the court's decision as a "monumental win," protecting AAHOA Members from unnecessary compliance burdens for now.
  • Ongoing Legal Process: The ruling is preliminary, and the U.S. Department of Justice is expected to appeal. If the injunction is overturned, enforcement could resume.
Bottom Line
AAHOA will continue to monitor developments and provide updates as needed. Members do not need to take any action at this time regarding CTA compliance. If you have any questions or need additional resources, please contact AAHOA. To learn more, click here.
 
For even more information, and to get caught up on other adovcacy-related news, click here to read the latest edition of AAHOA's In Your Corner Advocacy Brief. 
 
Celebrate Excellence: Nominate A Fellow Member Today for the Annual AAHOA Awards!
What's Happening: The AAHOA Annual Awards are an incredible way to recognize the members and properties that exemplify excellence in our industry. From leadership and philanthropy to advocacy and community service, these awards celebrate the best of hospitality.
 
Awards include:
  • AAHOA Award of Excellence
  • Cecil B. Day Community Service Award
  • Outreach Award for Philanthropy
  • Outstanding HerOwnership Award of Excellence
  • Outstanding HYPE Award of Excellence
  • Political Forum Award for Advocacy
  • IAHA Independent Hotel of the Year Award
Deeper Dive: Recipients will be celebrated and announced at AAHOACON25 in New Orleans. The deadline to nominate is February 14, 2025. Submit your nominations here. Help celebrate the best of the best in hospitality and nominate someone today!
 
Stay Ahead of the Holiday Rush This Season -- Secure Your Right to Vote in the 2025 AAHOA Elections!
Winter may be slow, but deadlines don't wait! There are only 26 days left to ensure you are eligible to vote in the 2025 AAHOA Elections.
 
In order to be eligible to vote on April 16, 2025, you must satisfy the following requirements:
  • Become a Lifetime Member on or before December 31, 2024 OR
  • Have paid your Annual Membership dues no less than twice in the previous three calendar years AND
  • Renew your Annual Membership on or before Sunday, March 2, 2025
Reminders:
  • Renewing your 2024 membership also impacts your eligibility to vote in the 2025 AAHOA Election.
  • You can sign up for automatic renewals or upgrade your membership 24/7 at MyAAHOA.com.
  • The 2025 AAHOA Elections will take place online, and all eligible voters will be able to participate, regardless of geographic location.
ICYMI: Lifetime Member Sweepstakes
  • Lifetime Members, register for AAHOACON25 by December 31, 2024, at the exclusive Early Access rate of $199, and you'll be entered to win:
 
AAHOA Upper Midwest Regional Director Kalpesh Joshi Wins Prestigious Award
What Happened: On November 23, 2024, AAHOA Upper Midwest Regional Director Kalpesh Joshi received the Distinguished Entrepreneur Award from the Gujarat Cultural Association of Chicago. The award, presented by Consulate General Somnath Ghosh and other officials, recognizes Joshi’s entrepreneurial excellence and his commitment to supporting Indian American businesses and the community.
 
Why It Matters: This honor highlights the significant impact community involvement can have on cultural pride and economic growth. AAHOA congratulates Kalpesh Joshi on this achievement and encourages members to engage in initiatives that strengthen their communities.
 
Read Now! The December 2024 Issue of Today's Hotelier Is Here
What's Happening: In this month's cover story of Today's Hotelier, "The Trump Administration, Hospitality, and AAHOA,” we unpack what the next four years may hold under a returning presidency and how AAHOA is preparing to navigate shifts in government.
 
Dive into insights about legislative priorities, policy shifts, and what it all means for the hospitality industry, including proactive measures to support industry-friendly bills like the LIONS Act. Read the full story on page 8.
 
Reminder - Register Today for AAHOACON25!
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! 
 
Draco Hygienic Products Inc.
PayRange
AAHOA Advocacy in Action
AAHOA Members: Last Call for Input on SBA Loan Limits
What's Happening: We need 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 $5 million to $10 million.
 
Why It Matters: Your insights are crucial! By completing a brief 3-question survey by 11:59 p.m. EST on Friday, December 13, 2024, you'll help us advocate for greater financial support, benefiting our community and entrepreneurs across America.
 
Your responses are essential to our collective efforts. When we each play a small role, we can make a big impact.
Featured Content
Reminder: Nominate a Young Professional for the 35 Under 35 Awards!
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!
 
American Pride Bank
Charter Communications Operating, LLC
Decorative Ceiling Tiles, Inc.
Red Roof Inn
Featured Club Blue Member
ADP
  
AAHOA Members get up to 25 percent off ADP payroll and tax compliance services. Companies with fewer than 50 employees get the first month free and no set-up fees! ADP serves 585,000 clients, from the smallest to the largest businesses worldwide. Our services can help you manage your risk of tax penalties, improve your cash flow, and take advantage of available tax credits. Contact Thomas Bell (thomas.bell@adp.com) or call 973-712-3290 today to obtain a free, no-obligation quote!
Condair Ltd.
Featured Member Benefit
DOCYT
  
Docyt, pronounced “docket”, is a bundled, integrated, AI-powered accounting automation software platform. Docyt AI’s super power is enabling much faster decision-making. Because it digitizes financial data, automates workflows, and continuously reconciles the books, you get real-time accounting. It also reduces the cost and technical complexity of bookkeeping and back-office tasks for businesses and their accountants.
Featured Platinum/Silver Partner
WYNDHAM HOTELS & RESORTS
  
Wyndham Hotels & Resorts makes travel possible for all. From big cities and small towns to beachfront resorts and highway hotels, our 24 iconic brands bring a diverse perspective to the travel experience. With friendly service, thoughtful amenities, and a range of options for the everyday traveler, Wyndham will be there to welcome you wherever you go.
Inn-Flow
Cox Business
Industry News
Potential Tariffs Would Raise Costs for U.S. Hoteliers, Procurement Experts Say
Economists looking to predict the effects of the incoming presidential administration on hospitality are cautioning that goods could become more expensive should President-Elect Trump implement a promised plan to impose tariffs on foreign-made items.
(Source: CoStar)
Extended-Stay Hotels Post Strong Room Revenue Gains
According to a recent industry report, extended-stay properties are enjoying an overall boost in earnings, with demand surging in several key markets.
(Source: Hotel Management)
U.S. Hospitality to Add a Projected 822,000-Plus Jobs in 10 Years
According to the U.S. Department of Labor, one out of every eight jobs added to the economy will be in the leisure and hospitality sector during the coming decade, with an estimated 822,700 new hires coming to the industry in that time.
(Source: U.S. Department of Labor)
Panasonic
Today's Hotelier

Examining the Effect of Governmental Turnover on AAHOA’s Advocacy Efforts

Next month, Donald Trump will once again take the oath of the President of the United States as he becomes the 47th United States President. His election to the country’s highest office marked the culmination of a hugely contentious election cycle, which included numerous races for governor, seats in Congress, and many others. Now, a much clearer picture of the next four years is beginning to emerge from the fog of campaign season.

As the incoming administration starts to take shape and more is learned about policy priorities and legislative agendas across the country, AAHOA is paying close attention and developing its own strategies for addressing the hospitality industry’s most pressing concerns.

Read More
In the Market
U.S. RevPAR -10.5% y/y Last Week; Thanksgiving Calendar Shift Difficult Comp as Expected (Ex-Hurricane Demand)
  
As Truist Securities wrote, “Overall U.S. RevPAR was -10.5% y/y for the week ending 11/30/2024, per STR/ CoStar, well below the prior week's result of +31.1% y/y and below the trailing 10- week average of +4.0% y/y. Last week's headline results were impacted by the calendar shift of Thanksgiving, which was one week later in 2024 vs. 2023. Understandably, there was limited business/group travel last week as most travel was leisure-focused. The Economy and Midscale chain scales had positive RevPAR last week which we attribute to the chain scales' leisure orientation plus continued hurricane-related demand. Upscale RevPAR: -17.9% y/y; Upper Midscale RevPAR: -7.9% y/y.”
 
For more, read the full report here, and read the China/Europe report here.
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