Vice Chairwoman Jagruti Panwala, Treasurer Biran Patel, and AAHOA President and CEO Chip Rogers will be providing their expertise in a series of panels at The HX Conference in New York City on November 11th and 12th. This conference, presented by Hospitality Media Group, provides a look at the future of the hospitality industry. Click here to learn more and register!
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Join AAHOA Gulf Regional Director Girish (Gary) Patel and the Gulf Regional Ambassadors on October 4th for the Gulf - Baton Rouge Regional Conference and Trade Show. Network with over 35 vendors in one location to find your next business partnership on our trade show floor and receive localized updates and information at the AAHOA business meeting. Click here to register!
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Hospitality Industry professionals have the unique position to impact people's lives on a daily basis. General Manager Vishant of the Quality Inn in Kodak, TN, shows how a simple act of kindness for a weary traveler can truly make a difference. For that act of kindness, Vishant has been featured as one of Choice Hotel's Quality Stars. Click here to read Vishant's story, and congratulations for this honor.
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What did you miss this week? Check out the AAHOA Facebook page to view our members doing great things! All five AAHOA officers spoke at The Lodging Conference, AAHOA Chairman Hitesh Patel and Treasurer Biran Patel gathered with AAHOA Members and G6 executives at the AAHOA/G6 Hospitality Brand Alliance Meeting, AAHOA members received Human Trafficking Awareness Training in Sacramento, CA, 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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Thinking about dying is never fun, but it's important to have a succession plan in place to ensure your property can continue to run smoothly after you're gone. Join us in Cherry Hill, NJ on October 22 to learn the steps you should take to secure your family's legacy. Plus, if you attend with your parent or child, you receive a discount! Register now before seats fill up.
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AAHOA is committed to promoting awareness of human trafficking and has partnered with Businesses Ending Slavery & Trafficking (BEST) to offer free Human Trafficking Awareness Training at AAHOACON19. Protect your business—and do the right thing—by reserving your space and getting trained. Click here to register now.
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SunTrust Robinson Humphrey reports, “Overall U.S. RevPAR was -2.3% Y/Y for the week ending 9/22/2018, per STR, better than the prior week's result of -3.7%. (2-year stacked RevPAR was -4.8% vs. -1.8% in the prior week.) Independent hotels (about 1/3rd of the data set) were -1.7% y/y. Economy (+0.0%) was the "strongest" chain scale for branded hotels; Luxury was the weakest at (-7.4%). Upper Midscale (-2.8%) and Midscale (-1.6%) were down in part from the holiday shift and y/y hurricane comp. Within Upper Upscale & Luxury class hotels, Group (-10.8% vs. -9.7% prior week) was far softer than Transient (-0.7% vs. -2.6% prior 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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Meridian One specializes in providing associations, chambers and other member organizations with best in class savings programs to offer their members. AAHOA members receive discounts of up to 40%, plus 50% off select services for up to four weeks after you enroll.
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Foliot Furniture is dedicated to providing quality furnishings for the hospitality and educational housing communities. With over 25 years of manufacturing experience and having delivered over 500,000 rooms in hotels, resorts, universities, and colleges throughout North America, these achievements speak volumes about Foliot’s credibility and capabilities. Learn more at www.foliot.com
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As an AAHOA member, you receive monthly reports from JF Capital Advisors that track and compare the valuation levels, trading levels, and credit profile of each of the U.S. publicly traded Hotel C-Corps and Hotel Real Estate Investment Trusts. This report includes pro forma adjustments for any announced, acquisitions, dispositions, financings, and other corporate actions. All data is based on publicly available information, including equity research analyst estimates. For more information, email Jonathan Falik at jonathan@jfcap.com.
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Alibaba's artificial intelligence arm, A.I. Labs, has created a hotel robot, capable of anything from delivering meals to guests and returning laundry—while interacting with customers through voice command prompts, touch, and hand gestures.. (Source: Hotel Management)
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Hotels that offer exclusive spaces like rooftop bars, library rooms or exercise facilities, the issue of controlling who can access these areas—and other parts of the hotel—can pose a logistical challenge. (Source: Hotel News Now)
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Success-oriented hotel operators must adapt to the changing landscape of the industry by adopting the most versatile technology on the market, big data. Luckily, as an industry that has always specialized in the customer experience, hospitality is primed to harness all that big data has to offer. (Source: Travel Daily News)
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AAHOA News
