Increased
competition and operating costs are impacting the success of business in the
hospitality industry. Chairman Hitesh (HP) Patel and President &
CEO Chip Rogers will both provide their insights on day-to-day challenges
facing hoteliers in a Fireside Chat on June 20 at HITEC. For more information
on HITEC and to learn how to receive a complimentary pass to the HITEC Trade
Show, click here.
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Jay H. Shah, AAHOA Member and CEO of Hersha Hospitality Trust, has been nominated for the HOTELS Magazine 2018 Hotelier of the World Award. Now in its 38th year, the awards recognize individuals who have contributed to the greater good of the global hotel business. The winners will be profiled in the November issue of HOTELS. Click here to learn more and cast your vote today.
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The AAHOA Women’s Development Day at Hilton this week was a
great success! Women hoteliers from across the country joined Hilton
executives--including SVP Global Head Tru by Hilton Alexandra Jaritz, SVP
Development Americas Bill Fortier, and SVP Global Head Hampton by Hilton Shruti
Gandhi Buckley--to learn about the brand and its plans for the future. Interested in similar events? Click here to register for upcoming brand development days.
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By popular demand,
AAHOA's Top Webinar of 2017 has been expanded into a 1-day workshop in Houston
on June 28. Learn how to generate revenue for your hotel without a
dedicated sales team, capitalize on incoming inquiries, and foster a
sales-focused culture in your staff. Seats are limited to the first 60
registrations. Register today!
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What did you miss this week? Check out the AAHOA Facebook page to view photos of our members doing great things! This week we covered the Hotel Business Roundtable with The Wall Street Journal, the Gulf - Little Rock Regional Meeting, a Town Hall Meeting in Greensboro, NC, and more.
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AAHOA members in the Northwest region are joining together in Camas, WA to play golf, network, and raise money for three deserving charities: BEST Alliance, Make-A-Wish Oregon, and the Doernbecher Foundation. Following the tournament, AAHOA will host an auction, dinner, and awards ceremony with plenty of great prizes. Click here to learn more about playing and sponsoring.
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AAHOA Gulf Regional Director Girish (Gary) Patel and the Gulf
Regional Ambassadors held their first regional meeting of the 2018-2019 year in
Little Rock, AR. With more than 301 attendees and 43 booths on the trade show
floor, the event was a smashing success. Click here to see when a regional
meeting is coming to your area.
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Town halls are a great opportunity to build your professional network and to learn more about the AAHOA programs and resources available to help you strengthen every aspect of your business. These events are open to all hotel owners, even if you're not already a member. Coming up soon:
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Join
us for the regional meeting closest to you for access to top vendors,
incredible networking opportunities, and region-specific industry updates you
won't see anywhere else. These events are open to all hotel owners, even if
you're not already a member. Plus, Lifetime Members receive a free Nike polo
shirt for attending.
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Indiaspora and Pratham USA are conducting a comprehensive survey of Indian-American philanthropic engagement. The purpose of this survey is to gain an understanding of the perspectives, preferences, and ideas of the broader Indian-American community, and to understand the level of engagement by first and second generation individuals of Indian descent. Click here to complete this anonymous and confidential survey.
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SunTrust Robinson Humphrey reports, "Luxury was once again
the top performing chain scale (we believe from the wealth effect). The
strongest days of the week were once again likely driven by mid-week Corporate
(Monday-Wednesday RevPAR averaging ~ +3.4%), likely reflective of a continued
small uptick in business travel for both individual and group business." Read the full report here. Also, be sure to check out an in-depth update to the RevPAR outlook and an analysis of recent hotel labor cost trends.
AAHOA partners with SunTrust Robinson Humphrey (STRH) to
provide access to comprehensive analysis of current economic and market
metrics for the hospitality industry. STRH is a leading, full-service
corporate and investment bank dedicated to helping its customers
successfully manage and grow their companies through a comprehensive
range of strategic advisory, capital raising, risk management, financing
and investment solutions.
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Waldorf Astoria is repositioning their brand through the launch of a marketing campaign that highlights the brand's unique experience. "The majority of luxury campaigns in hospitality look the same; however, luxury consumer preferences continue to change," says Kellyn Smith Kenny, chief marketing officer of Hilton. (Source: Travel Pulse)
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Marriott CEO Arne Sorenson shares insights on some of the big tech giants that may be a threat to the hospitality industry. "We are in an absolute war for who owns the customer," Sorenson says. (Source: TechRepublic)
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A recent publication takes a close look at today's soft brand business landscape. As the soft brand movement is growing, there are multiple factors hotel owners should take into consideration if thinking about joining a soft brand. George Jordan, SVP of operations of Oxford Hotels and Resorts shares insight on individually owned and soft brand hotels. (Source: Skift)
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Contents
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