Next week, AAHOA Chairman Hitesh (HP) Patel and AAHOA Secretary Vinay Patel will participate the National Association of Black Hotel Owners, Operators, and Developers (NABHOOD) Summit in Miami. Hitesh will share his expertise on "Hotel Development & Acquisition" and present an award on July 26. Vinay will address diversity in the hospitality industry in the Lodging Magazine Roundtable and share insights about selecting the right brand and hotel financing.Click here to see the agenda and register.

On Wednesday, July 25, AAHOA Chairman Hitesh (HP) Patel will moderate the Hotel Investment 101 panel in Miami at the Latino Hotel Association Conference, with panelists from big brands including Wyndham, Hilton, Red Roof, and Choice Hotels. Florida Regional Director Bharat Patel will also share his expertise on "Buying a Hotel and Repositioning" in a panel that same afternoon. Click here to learn more about the LHA Conference.

On July 26, AAHOA Upper Midwest Regional Director Kalpesh Joshi and his Upper Midwest Regional Ambassadors will host the second of their three 2018 Regional Meetings next week in Elmhurst. Hotel owners can look forward to making deals with vendors on the trade show floor, networking with other hoteliers in their area, and receiving region-specific industry updates. Click here to learn more and register.

What did you miss? Check out the AAHOA Facebook page to view photos of our members doing great things! This week, board members spoke at ALIS Summer Updates in Dallas and Atlanta, Lifetime Member Ina Patel was appointed to the New York Life Chairman's Council, Upper Midwest Regional Director Kalpesh Joshi hosted the Upper Midwest – Minneapolis Regional Meeting, Hotel Management held a roundtable featuring AAHOA Vice Chairwoman Jagruti Panwala, we held two successful North Pacific town hall meetings, and more.

Join us in Camas, WA on Monday, August 27, for AAHOA's annual Northwest Charity Golf Tournament! Now in its 15th year, the Northwest Charity Golf Tournament brings the AAHOA community together to raise funds for charity. Take advantage of this opportunity to network and make a positive impact on the lives of those in need. Registration is open for both players and sponsors. Click here to learn more.

AAHOA wants to provide its members with access to all of the products and services you need at the prices you want. Please complete this brief survey indicating the products and services you expect to need within the next 6-12 months. All answers will remain confidential and will be used for research purposes only. Click here to take the survey now.

August 30-31 – How to Develop a Hotel
September 5 – Think Inside the Box: An Introduction to Modular Construction
September 17 – Technology Leadership: The (Virtual) Reality of an Evolving Guest Experience
November 29 – Protect Your Business: Avoiding the Legal Pitfalls of HR Compliance

SunTrust Robinson Humphrey reports, "Midscale (+0.4%) was the "strongest" chain scale for branded hotels; Upper Upscale was the weakest at -1.5%. Upper Midscale (-0.8%) slightly underperformed the overall US hotel industry average. Day of week results reflected some of the holiday shift noise as the daily RevPAR data improved every day of the week. Sunday RevPAR was -3.1% and Monday was -1.7%; the following weekend (Friday/Saturday) averaged +0.9%." For more, read the full report.

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.

The hotel industry is in the midst of one of the longest up cycles in recent decades. Buoyed by a strong economy and robust demand, the fundamentals of the industry stand on solid footing. At three of the major lodging conferences in the last year, the tone was definitely one of optimism — tempered by a touch of cautious reality. (Source: Forbes)

At high-end hotels around the world, unlisted rooms are a subtle staple with raisons d’etre as varied as the rooms themselves. Often, these types of rooms are referred to as "owner’s suites." At other properties, they’re called "partnership rooms," which means they’re only available through exclusive membership clubs that require six-figure buy-ins. (Source: Skift)

While larger chains have more customer and performance data to tap into, smaller operators have historically had a tougher time maximizing reputation, revenue and the customer experience. Artificial intelligence is changing all that. (Source: Hotel Management)