Last week, Knights Inn–one of RLH Corporation's brands–announced the newest members of their advisory board. AAHOA Gulf Regional Director Girish (Gary) Patel, South Central Texas Ambassador Nancy (Nayana) Patel, and members Amish Patel and Anand Patel joined the board for the 2018-2020 term.
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The Colorado Division of Homeland Security and Emergency Management recently recognized the Holiday Inn Express & Suites Alamosa for their assistance during the Spring fire in Colorado this summer. Owned by AAHOA Lifetime Member Sunni Tolani, the property offered emergency management and public safety officials lodging during their time of need.
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AAHOA will host two regional meetings next week: one on August 28 in Portland, OR and the other on August 30 in Salt Lake City, UT. In Portland, we'll host an education session about the new tax law and a Charity Golf Tournament the day before the meeting to benefit 3 deserving charities. Jordan Garn, Executive Director of the Utah Hotel & Lodging Association, will be our guest speaker in Salt Lake City. Register for these and other upcoming regional meetings here.
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What did you miss this week? Check out the AAHOA Facebook page to view our members doing great things! AAHOA Vice Chairwoman Jagruti Panwala was invited to speak at the U.S. Department of Energy’s Better Building Summit, South Central Texas Regional Director Sawan Patel hosted a Young Professionals Town Hall meeting in Houston, AAHOA Mid South Regional Director Sunil Patel held his first regional meeting, and more.
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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, “Economy (+5.6%) was the strongest chain scale for branded hotels; Upscale and Upper Midscale were the weakest at +3.5%. Midscale (+5.4%) outperformed the overall US hotel industry average. Last week was a relatively clean comp with summer leisure travel being a larger portion of overall demand. Independent hotels (+6.2%) outperformed the national average by 110 bps. Both Transient and Group were relatively strong last week.” 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.
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HBO brings your guests addictive series like Game of Thrones® and VEEP®, more of the biggest and latest movies, smart talk-shows like Last Week Tonight® with John Oliver, thought-provoking documentaries, family favorites like Sesame Street® and much more. Our wide range of programming is why HBO is the #1 choice, with guests choosing it 5 times more often than any other premium network.* See if your property qualifies for one of our special property rebates, visit: www.hbobulk.com.
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Sysco Guest Supply is the leading provider of operating supplies and equipment to the lodging industry. With product development and design, manufacturing, and a direct to property sales force, Guest Supply is the only vertically integrated company in the industry. From sixteen company owned and operated Sales and Distribution Centers, Guest Supply services over 26,000 hotels in the United States with a comprehensive product line that meets the needs of hotels at all market levels.
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- New company name, same expert team! - Preferred access to market's best rates & terms - Non-recourse bridge & permanent loans - Refinance and acquisition hotel loans - LTV’s up to 75% with potential for cashout
Contact Rushi Shah today at rshah@magmilecapital.com for a no-obligation pre-approval.
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According to Travelport's "U.S. Business Traveler & Travel Policy 2018" survey, four out of five people like to travel for work. A new research study reveals insight into what business travelers want from their hotel stay experience. As the workforce continues to evolve, hoteliers need to be aware of what this niche group of travelers expects and how to capitalize from it. (Source: Hotel Management)
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Direct bookings have a significant impact on a property’s financial performance but leave hoteliers waging an uphill battle to profitability every single day, no matter the season, the type of hotel, or its location. To ensure success in a marketplace, hotels must think outside-of-the-box in regards to revenue management strategies to make properties stand out from the competition—especially online. (Source: Lodging)
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A new analysis released by the U.S. Chamber of Commerce Global Energy Institute (GEI) found that electricity customers across the United States will save billions as a result of the recently enacted “Tax Cuts and Jobs Act of 2017,” while the broader economy will create tens of thousands of jobs and see billions more in economic activity. (Source: Global Energy Institute)
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