AAHOA is pleased to join top industry players from around the country at the ALIS Law Conference next week. AAHOA VP of Government Affairs Chirag Shah will participate on "The Update from DC" panel on Monday, January 28 during the general session, where he will discuss anticipated changes in the political landscape for the coming year. Click here to view the full agenda.
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January is Human Trafficking Awareness Month, and AAHOA is committed to promoting awareness of human trafficking by educating hoteliers on how to spot and report any suspicious activity. We encourage all members and their staffs to take advantage of one of AAHOA's FREE training options during the month of January. Click here to view available training options.
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SunTrust Robinson Humphrey reports, “Upper Upscale (+11.7%) was the strongest chain scale for branded hotels; Economy was the weakest at +3.7%. Midscale (+4.5%) and Upper Midscale (+6.7%) underperformed the industry average. As a reversal of the prior week's very tough holiday comp related to the calendar shift of MLK Day, last week's results were generally very positive throughout the chains scales and markets for the week ending 1/19. As a reminder: in 2018, the MLK holiday fell on Monday, January 15th, thus impacting corporate travel during the week and leisure travel over the weekend. In 2019, the holiday shifted to January 21st, thus we expected an easier holiday comp in last week's results. Day-of-week RevPAR indicated some of the impact. Friday/Saturday RevPAR averaged +18.7%; Monday to Thursday RevPAR averaged +8.3%.” For more, read the full report. Also, check out November's Hotel P&L Analyzer 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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AAHOA has partnered with AutoClerk to offer AAHOA PMS: a property management system designed specifically for AAHOA members. If you sign up for both Chase Merchant Services and AutoClerk, AAHOA will pay for your set-up fee ($99) and the cost of your first month for each property. Visit www.aahoapms.com for more details and to sign up now.
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Now available to AAHOA members: Exclusive discounts and solutions from industry-leading organizations like UnitedHealthcare®, Optum® and DigiPro Media:
• Group-rated Association Health Plan for hotel member employers and various discounts on group-rated medical, dental, vision, life, disability, accident, and critical illness benefit plans • FREE Pharmacy Discount Card program saving AAHOA members, employees, and their families up to 75% on all FDA-approved prescriptions • Discounted Health Savings Account (HSA) • Discounts on website accessibility solutions related to the Americans with Disabilities Act. Visit www.DigiProMedia.com/AAHOA to learn more.
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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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With online travel agencies accounting for a large portion of guest bookings, hotels are continuing to fight for guest bookings. However, according to a recent study from Kalibri Labs, the hotels are gaining ground in their struggle to recapture many of those bookings.
(Source: Hotel Management)
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Thanks to a host of contributing factors, including continued economic growth, record-low unemployment and rising government spending, among others, the U.S. hotel industry experienced another record-breaking year in 2018, although analysts are split on whether the trend will continue in 2019.
(Source: Globe St.)
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With the looming threat of limited resources and increasing demand, it's more important than ever for the hospitality industry to develop and implement models of sustainable practices. According to a recent report from the World Tourism Organisation, we could see 1.8 billion overnight travelers by 2030, which will add to the current strain on the earth's natural resources.
(Source: Open Access Government)
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