Up-and-coming hoteliers from across the country will join AAHOA
Young Professional Directors Nishant (Neal) Patel and Purvi Panwala today and
tomorrow in Houston for two days of networking, interactive activities,
professional development, and more. After taking a guided tour of the HITEC
Houston trade show floor, young professionals will gather at Lucky Strike
Houston tonight to meet with other hoteliers and build relationships within the
AAHOA network.
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RSS 2018 once again delivers innovative content focused on the dynamic and fast-changing world of revenue strategy. Being held July 10th at the Newseum in Washington, D.C., the conference will cover topics on personalization, loyalty, big data, marketing, and technology. Register today to be inspired to think differently about your strategy. AAHOA members can receive $50 off hotelier rates when using AAHOA18 at http://revenuestrategysummit.com.
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AAHOA Treasurer Biran Patel will speak on a panel next week at the Latino Hotel Association Conference in Dallas. Entitled Hotel Investment 101, the panel will encourage participants to discuss successes with past investments and forecast future trends. North Texas Regional Director Mayur (Mike) Patel will also speak at the conference on the "Exploring Options to Acquiring, Developing, and Financing a Hotel" panel. Click here to learn more.
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How do you increase your revenue when you don't have a dedicated sales
team? Join our workshop in Houston next week to learn how to create an
"everybody sells" mindset and take advantage of incoming inquiries.
Seats are limited to the first 60 registrants, so reserve your spot 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 Gulf-Jackson Regional Meeting, Officers speaking at HITEC, Choice Hotels award winners, a new Executive Director for the Rodeway Owners Association, AAHOA members featured in Hotels Investment Outlook magazine, and more.
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AAHOA has partnered with ALIS to co-host the ALIS Summer Update events in Dallas/Frisco on July 11 and Atlanta on July 12. These events will focus on timely hotel development topics and provide the opportunity to network with the hotel investment community across America. Special guest speakers include Raj Trivedi with La Quinta, Mehul Patel with NewcrestImage, Champ Patel with Champion Hotels, and so many more. Click here to learn more and register.
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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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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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SunTrust Robinson Humphrey reports, "Overall U.S. RevPAR was +1.8% Y/Y for the week ending 6/16/2018, per STR, down than the prior week's result of 2.3%. (2-year stacked RevPAR was +3.1% vs. +3.0% in the prior week.) Independent hotels (about 1/3rd of the data set) were +1.6% y/y. Luxury (+2.6%) was the strongest chain scale for branded hotels; Upper Midscale was the weakest at +0.9%. Midscale (+1.7%) performed roughly in-line with the overall US hotel industry average." Read the full report here.
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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University of Houston
- In partnership with the University of Houston Conrad Hilton College of Hotel & Restaurant Management (UH), AAHOA provides a scholarship to students in the hospitality sector.
- AAHOA will contribute a total of $125,000 to UH over a period of five years (2016-2021), which will be matched by the Conrad N. Hilton Foundation.
- To find out more about the qualifications or how to apply for the AAHOA Student Assistantship & Scholarship Endowment, please click here.
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The panelist at HITEC discuss how to leverage technology to drive hotel revenue. The panel included five experts who shared insights about how technology is creating new opportunities, as well as new challenges for individuals in the hospitality industry. "Today's technology in the hospitality space, I believe, is extremely myopic," says Ash Kapur, senior vice president of hotel asset management and chief revenue officer at Starwood Capital Group. (Source: PhocusWire)
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Amazon is partnering with Marriott International and placing Echo devices in select hotel rooms. The device includes functions such as in-room concierge services, room temperature adjustment, lighting controls, and voice commands. Although guests will not have the ability to link their personal Amazon accounts to their hotel room, the wide range of features that are available remains attractive to guests. (Source: Bustle)
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According to data from Lodging Econometrics, the global construction pipeline is up seven percent by hotel projects year-over-year. The pipeline currently stands at 12,714 hotel projects and the number of hotel projects that are scheduled to begin construction in the next year rose by six percent. (Source: Hotel Management)
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Contents
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