Gulf Regional Director Nick Zaver hosted his second Regional Conference & Trade Show of 2019, in Jackson, MS, on Monday. More than 150 attendees turned out for the event, which is the final Regional Conference of the year for the region. Secretary of State Delbert Hosemann was the featured speaker and Treasurer Vinay Patel provided an AAHOA update. The trade show gave attendees the chance to establish new vendor relationships and build on existing ones.
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Make solid investments and enjoy the booming economy but be prepared for a downturn in 2021. That's the advice AAHOA Chairwoman Jagruti Panwala had for hoteliers in the June 24 issue of LODGING magazine. Jagruti said the new tax laws enable small business owners to depreciate their assets more efficiently, resulting in savings they can put back into existing properties or new development, a trend she expects to continue. She also shared her insights on other hospitality industry issues. Read the full article here.
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AAHOA will host the Charlotte Charity Golf Tournament August 24-25 at the The Golf Club at Ballantyne, one of North Carolina's premier courses. The two-day event will feature a lunch, awards ceremony, and raffle to raise money for 11 charities, including the USO of NC and Samaritan's Feet. AAHOA is committed to giving back to the local communities that support our businesses. Register today as a player or sponsor and help support these worthy causes.
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What have you missed this week? Southeast Texas Regional Director Sawan H. Patel hosted two Town Halls, one in Huntsville and the other in Brenham; the AAHOA HOTEL OWNERS ACADEMY TM, an ever-growing resource for in-person workshops, development days at hotel brands, certificate programs, and more, reached a milestone of 350+ webinars available on demand, and so much more! Check out the AAHOA Facebook page to catch up on all the great things that have taken place!
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Join us for the Regional Conference & Trade Show 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 golf shirt for attending.
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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, “Upper Upscale (+0.7%) was the strongest chain scale for branded hotels; Economy was the weakest at -0.8%. Upper Midscale (+0.1%) and Midscale (-1.1%) also underperformed the industry average. Last week was another relatively clean comp with even more mediocre results than the prior week. Given the results over the past several weeks, we assume that run rate RevPAR has shifted downward to +0-1% from our prior assumption of +1.5%. With run rate RevPAR at these levels, it is difficult for most hotels to maintain profit margins. If the above was not disconcerting enough, last week occupancy was negative for all chain scales and independents with ADR barely positive for the industry (Luxury had the strongest ADR growth at +1.9%).” 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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Dell empowers business owners to use technology to realize their dreams. Now, the computer technology giant has partnered with AAHOA to bring members savings of 30 percent to 40 percent off the everyday price on their systems and Dell-branded electronics and accessories! Visit www.dell.com/AAHOA to shop or call 800-757-8442 today. Please mention you are an AAHOA Member and use Member ID 530002735094.
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Spectrum Enterprise Solutions builds business-to-business solutions with a people-to-people focus, providing the bandwidth and support AAHOA Members need to accelerate business. Charter’s largest customers enjoy enterprise-grade voice, video, data, network, cloud, and managed services via a flexible and secure fiber-based network. For more information, contact David Fitts today!
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AAHOA Members can enjoy 5 percent off using the LAR card and an additional 2-percent prompt-pay discount off your statement, as well as free shipping when you use affiliate company code D001. Click here for more details, then contact Anthony Ruiz to get started.
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Working in hospitality is hectic to say the least. From guest needs to managing your back of house, there's plenty of room for something to go wrong. Falls from slipping or tripping, injuries from lifting, being struck by an object, falls from heights, and acts of violence are the most common injuries in the industry. Fortunately, there are ways to prevent these, such as appropriate signage, appropriate training, and much more.
(Source: Modern Restaurant Magazine)
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Across the industry, hotels have tried to keep up with tech changes to keep the guest experience seamless. Now, guests expect to be able to use an app to enter their rooms rather than using the tradtitional key card. Augmented reality, workflow management, stronger internet connections, and predicting future bookings are other areas where tech has changed the hospitality industry.
(Source: Innovation & Tech Today)
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The hospitality industry is strong. The focus on guest experience and customer satisfaction means the industry is always changing. As guests' needs change, pillars of the hospitality industry often are used as examples to follow in other industries. Loyalty, consistency, and leadership are some of the top examples other industries strive to follow.
(Source: Entrepreneur)
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