Hotelier Weekly
October 11, 2018

AAHOA News
  
The grand opening of the first-ever avid hotel, owned by AAHOA Lifetime Member Champ Patel, took place today in Oklahoma City. avid hotels is the newest soft brand offered by InterContinental Hotels Group (IHG). AAHOA board members and IHG CEO Elie Maalouf joined Champ in celebrating the opening of this trendsetting property.
  
AAHOA is pleased to announce that AAHOA Central Midwest Golf Tournament yesterday raised more than $16,000 to support Make-A-Wish Oklahoma. Thank you to all who supported and attended the golf tournament. It’s because of AAHOA’s hotelier and vendor members that Make-A-Wish Oklahoma is now able to grant more wishes to Oklahoma children with critical illnesses and transform lives, one wish at a time.
  
AAHOA members who sign up for Chase Merchant Services before October 26, and register for and attend the AAHOA Independent Hoteliers Conference on October 26 in Charlotte, N.C., are automatically entered into a sweepstakes to win 3 nights at the Grand Hyatt during AAHOACON19 in San Diego, CA. Click here to register for the Independent Hoteliers Conference and view the official sweepstakes rules.
  
HX is the must-attend Marketplace and Conference for the hospitality industry. Every trend and innovation is here — from front-of-the-house, guest-facing amenities and technologies to back-of-the-house resources. HX caters to hotel owners, GMs and hospitality property executives from casinos and resorts, independent and branded hotels, management and purchasing companies, and more. HX: The Marketplace and Conference will conclude with an all-new HX: The Awards, honoring and highlighting the movers and shakers in the hospitality industry. Use promo code AAHOA18 for your complimentary registration.
  
AAHOA Treasurer Biran Patel will participate in the "Hospitality Game Changers" panel at the Asian Real Estate Association of America National Convention on October 18, in Las Vegas. Along with Chris Chakford of Kawa, John Hamilton of Pyramid Hotel Group, and Tim Scarpino, Biran will discuss trends in the commercial hospitality sector including new up-and-coming hotel brands and the effect of Airbnb on the hotel industry. Click here to learn more and register.
  
Join AAHOA Northeast Regional Director Jayesh R. Patel and the Northeast Regional Ambassadors on October 16, for the Northeast – Boston Regional Conference and Trade Show. Network with over 40 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!
  
Congratulations to AAHOA Members Sanjay Patel (G6 Legacy), Dinesh Patel (Franchisee of the Year), Jayesh Jain (Guest Experience), and Kunal Dave (Outstanding Renovations) on being recognized by G6 Hospitality for going "above and beyond to represent G6 Hospitality by offering a comfortable, affordable place to stay." Click here to view the full list of winners.
Maytag Commercial Laundry
BDK America
DIRECTV Hospitality / AT&T Business Solutions
HotelSigns.com an Intersign Company
Events and Happenings
  
What did you miss this week? Check out the AAHOA Facebook page to view our members doing great things! Young Professional hoteliers joined La Quinta at their headquarters for a Brand Development Day, AAHOA Florida Regional Director Bharat Patel hosted the Florida Regional Conference with a special Hotel ROI education session and advocacy panel, AAHOA members hosted a fundraiser for Florida gubernatorial candidate Ron DeSantis, AAHOA Vice Chairwoman Jagruti Panwala met with Dr. Kiran Patel, and more.
  
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:
 
 
  

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.

 


October 16 - Northeast-Boston Regional Meeting - Boston, MA
October 23 - Southeast Texas Regional Meeting - Houston, TX
October 25 - North Carolina Regional Meeting - Charlotte, NC
October 30 - Northeast-Syracuse Regional Meeting - Syracuse, NY

Rentokil North American Pest Control
Clean Brands LLC
AAHOA Education
  
CBRE Hotels' Americas Research and AAHOA are pleased to offer a discounted rate of 10% off the retail cost of our Hotel Horizons® National and market level reports. Contact CBRE Client Services to claim your discount: websales@cbre.com, (855) 223-1200. Click here to view additional details.
  
Facilitated by Bharat Patel, Chairman & CEO, Sun Development & Management Corporation, the "Enhance Your Operations and Improve Profitability" workshop will take place in Indianapolis, on November 15-16. This workshop includes a reception and dinner to offer additional networking and learning opportunities. Don’t miss out on this uniquely-designed event to improve your hotel’s operations to increase efficiency and profitability. Click here to learn more and register.
In the Market
  
SunTrust Robinson Humphrey reports, “Luxury (+5.9%) was the strongest chain scale for branded hotels; Upper Midscale was the weakest at -1.5%. Midscale (-0.9%) also underperformed the industry average. There were some really strong and some really weak markets last week (even ex-hurricane impact), so the results were quite varied. New Orleans was +57.8% and the Northeast markets were generally strong (see Boston/NYC below; Philly was +11.3%). However, the major Florida markets and Houston were all down and we believe this impacted nationwide RevPAR by 150-200 bps (just as it helped by 150-200 bps last year).” For more, read the full report. Also, view the September Lodging RevPAR Monitor.
 
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. 
Featured Club Blue Member
  
At Mag Mile Capital, clients leverage our 27 years of trusted lender relationships and proven ability to expertly close well-structured loans, to gain preferred access to high-leverage, bridge and permanent, non-recourse loans with cash out for hotel purchase or refinance nationwide. Ask about Club Blue Member benefits.
Featured Platinum/Silver Member
  
Since 2009, LCM has been manufacturing unparalleled casegoods exclusively to the hospitality industry. Our philosophy since then has remained the same: Listen to our customers. Due to our design and workmanship commitment, LCM has achieved repeat customer loyalty and brand approval recognition. From when we started with just one factory, today we have offices in Los Angeles, Mexico, China and Indonesia, yet treat each project with hands-on touches.
Featured Member Benefit
  
- Group rated health insurance available for AAHOA members with hospitality industry codes and 2-99 full time employees
- FREE pharmacy cards for all AAHOA hotelier and vendor members, their families, and employees –savings up to 70%
Learn more and take advantage now at www.hotelhealthcare.org.
IHG - InterContinental Hotels Group
Baywood Hotels
Industry News
  
Forbes Travel Guide has developed a digital program for luxury service training and certification with Lobster Ink, an online hospitality training company. Tailor-made for hospitality professionals, this comprehensive program, in combination with Lobster Ink’s learning library, offers on-demand training with interactive video lessons and real-time feedback. (Source: Hotel Business)
  
It’s no secret that hotels experience shoulder seasons, or off-peak times, that causes revenue to fluctuate. However, that doesn’t mean hoteliers can’t strategize to maximize dollars coming in during these times. (Hotel Management)
  
Hotel executives at the 2018 Lodging Conference spoke about how their companies are operating and their predictions given the continuing strength in the industry. (Hotel News Now)
Huddle House
Today's Hotelier: In Case You Missed It

Contents

Consumer trends by Mark Hoplamazian, President and CEO Hyatt Hotels Corporation

The jobs originated through launching Travel (JOLT) Act

Are non-recourse CMBS fixed-rate loans better than bank loans? Are the risks worth the rewards?

 

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