Have you registered for the 2019 AAHOA Convention yet? It takes place in San Diego on April 24-27, and you don't want to miss it! The rate expires February 23, so be sure to register by this Saturday. Check out the incredible education opportunities, exhibitors, and entertainment here: www.aahoa.com/convention.
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This year, AAHOA turns 30. AAHOA's story is made up of your stories, thousands of hotel owners across the country living out the American Dream. As part of our 30th anniversary, we are collecting the stories of the people who make AAHOA great – people like you. Glenn Haussman's No Vacancy podcast will be broadcasting live from the 2019 AAHOA Convention and we're asking you to stop by the booth to share your professional journey.
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What have you missed? Check out the AAHOA Facebook page to view photos of our members doing great things! Last week, AAHOA Officers and the IHG executive team met in Atlanta to further expand the partnership and discuss important updates. Chairman Hitesh (HP) Patel spoke at the Arkansas State Capitol Lobby Day in Little Rock, where he met with Gov. Asa Hutchinson, and Vice Chairwoman Jagruti Panwala was a featured guest during Stay Boutique Live, The Trifecta in L.A.
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Town Halls are a great opportunity to build your professional network and 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:
March 1 - South Pacific Town Hall Meeting - Artesia, CAMarch 4 - Georgia Women Hoteliers Town Hall Meeting - Savannah, GAMarch 4 - South Central Texas Town Hall Meeting - Corpus Christi, TXMarch 4 - South Carolina Town Hall Meeting - Walterboro, SCMarch 4 - Southwest Town Hall Meeting - Tucson, AZMarch 5 - Mid South Town Hall Meeting - Nashville, TNMarch 5 - South Central Texas Women Hoteliers Town Hall Meeting - San Antonio, TXMarch 5 - Northwest Region Town Hall Meeting - Vancouver, WAMarch 5 - Washington D.C. Area Town Hall Meeting - Roanoke, VAMarch 6 - North Pacific Town Hall Meeting - San Jose, CAMarch 7 - North Carolina Town Hall Meeting - Greensboro, NCMarch 7 - North Central Town Hall Meeting - Lincoln Park, MIMarch 12 - Florida Town Hall Meeting - Tallahassee, FLMarch 19 - North Central Women Hoteliers Town Hall Meeting - Cincinnati, OHMarch 19 - South Pacific Town Hall Meeting - Chino Hills, CAMarch 21 - Mid Atlantic Young Professional Hoteliers Town Hall Meeting - Philadelphia, PAMarch 26 - Mid South Town Hall Meeting- Bowling Green, KYMarch 27 - Southwest Town Hall Meeting- Salt Lake City, UTMarch 28 - Mid South Town Hall Meeting- Paducah, KYApril 2 - Mid Atlantic Women Hoteliers Town Hall Meeting - New JerseyMay 24 - Florida Town Hall Meeting - Fort Myers, FL
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There are 30 Regional Conferences scheduled for 2019. Click here to find the one closest to you to gain 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 golf shirt for attending.
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Meet Better Buildings partners who are implementing design strategies and benchmarks in their buildings and sustainability plans that focus on the wellness, health, and productivity of the people inside them. Speakers will highlight new research around health in affordable housing, wellness certifications such as Fitwel and WELL, and more. Register here to attend. The webinars occur monthly and provide information on a range of topics, as well as access to experts in the field of energy efficiency. View the complete schedule here.
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Upscale (+5.7%) was the strongest chain scale for branded hotels; Midscale was the weakest at +0.9%. Upper Midscale (+3.8%) outperformed the industry average. The calendar shift of Valentine's Day to a Thursday in 2019 from a Wednesday in 2018 contributed to very strong Group performance last week (+11.4%). Our rule of thumb: When a holiday falls on a Wednesday, this is bad for business travel, especially Group/Convention. Tuesday (RevPAR +12.8%) was especially helped by the shift this year. San Francisco RevPAR was +62.2% last week, of which ADR was +51.7%. These results indicate to us what we have been anticipating for the big markets – that the renovated/expanded Moscone Convention Center in San Francisco is taking share from some large group markets in 2019. For more, read the full report. Also, check out January'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 Members can get preferred pricing on laundry, housekeeping, kitchen, and pool and spa chemical programs from the global industry leader in hotel cleaning and sanitization. For more info, please contact Michael Pfister or call 952-852-0926 today.
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Need ink and toner for your property? AAHOA Members enjoy an exclusive toll-free number that directly connects you to your own ink and toner specialist who has been trained with you in mind and can provide simple solutions to all of your printing needs. Reach out and ask for the AAHOA program by name to learn how you can start saving money today. Call 800-231-4553 or contact Kyle Kurtz for more info.
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HotStats is a unique profit-and-loss benchmarking service for hoteliers, enabling AAHOA Members to find out monthly how your hotel stacks up against the competition. The platform provides in excess of 500 key performance indicators across multiple areas of hotel revenue, cost, and profit in a database that currently totals close to two million hotel rooms worldwide. Contact David Eisen, director of Hotel Intelligence and Customer Solutions, or visit the HotStats website today.
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As the hotel industry works to identify opportunities in which artificial intelligence (AI) can boost the bottom line and generate more repeat stays, experts say the industry needs to be prepared to fill the jobs AI will create.
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InterContinental Hotels Group recently announced plans to launch a new upper-midscale brand later this year in an effort to further tap into this $18-billion segment of the industry and close gaps in the company's portfolio.
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Due to several factors – including the recent government shutdown, market disruption from competitors like Airbnb, and rising constructions costs – lenders are likely to approach the hospitality finance market with caution in 2019.
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