| Archive | Subscribe | Send to a Friend | www.aahoa.com |
September 30, 2021
 AAHOA News
Next week, AAHOA unveil the full results of the Oxford Economics Study: AAHOA Ownership & Economic Impact. The new section on AAHOA.com will feature the full national report, an interactive map, and more. AAHOA engaged Oxford Economics, an leader in global forecasting and quantitative analysis, to conduct an impact analysis of our more than 34,000 member-owned hotels on the U.S. economy. “AAHOA Members are the heart and soul of the hospitality industry and will continue to play an essential role in our nation’s economic recovery,” AAHOA President & CEO Ken Greene said.
The AAHOA Officers and brand executives will host a Brand Alliance Meeting 4-5 p.m. Tuesday, October 5 during the 2021 Best Western North American Convention, slated for October 5-7 at the MGM Grand in Las Vegas. These meetings give AAHOA Members the chance to have face-to-face interactions with leadership to further dialogue about the important topics on the minds of owners and serve to further strengthen AAHOA's valuable relationships and encourage open lines of communication with brand partners. Don't miss this chance to voice your questions and concerns directly to leadership. Register now.
We are pleased to welcome Hotel Furniture as our newest Silver Partner! Hotel Furniture believes there’s a better way to complete hotel builds and renovations, especially when you need to meet brand standards. Their online platform allows you to complete your projects all in one place. Design and preview your hotel with clear, 3D renderings, then they submit the design to your brand flag for approval. Once the brand signs off, Hotel Furniture orders everything and you tell them how and when to ship it. Their support team is ready to answer questions, resolve issues, and ensure you have an great experience!
AAHOA in the News
Events and Happenings
In the Market
Truist Securities (formerly SunTrust Robinson Humphrey) reports, “Last week’s RevPAR was up against a -51.7% comparable result in 2020 vs. -51.6% in the prior week’s 2-year run-rate. On a 2-year run-rate, RevPAR was -12.8% vs. -13.9% in the prior week’s 2-year run-rate. Upscale RevPAR: +85.2% y/y and -20.7% over 2 years; Upper Midscale RevPAR: +63.8% y/y and -3.8% over 2 years. Y/y and 2-yr comps are going to be noisy for several more weeks with Rosh Hashanah starting Sunday 9/29/19 and Friday 9/18/20 – resulting in some leisure and business/group travel adjusted for the holidays. On an absolute 2021 basis, we note continued soft demand in midweek for many Top 25 markets and strong results for the weekend – booming especially for limited-service properties. But results vary widely especially for midweek. Economy ADR was up a very healthy 10.9% vs. 2019 vs. -2.0% for the industry.”
Featured Club Blue Member
AAHOA Members, get 5 percent off all your everyday purchases when you use the Lowe’s LAR business credit card. There’s no annual fee, and you can make purchases by phone, fax, or at LowesForPros.com. You’ll also be able to take advantage of exclusive cardholder promotions and receive discounted delivery on your purchases! Click here for more details, then contact Anthony Ruiz to get started.
Featured Platinum/Silver Member
With the best technology in the industry, DISH Business delivers a premium entertainment experience for properties of all sizes. EVOLVE by DISH lets your guests cast personal content, watch live TV and access the apps they love – all on your in-room TV. Get DISH to give your guests the entertainment they want at prices you’ll love. Visit the website, then contact Tyler Floyd to start saving today!
Featured Member Benefit
AAHOA Members get a 25% discount on the STAR report (during the 1st year of enrollment), 15% discount on Pipeline reports, and a 10% discount on the School Break Report. Click here to view additional benefits, then contact STR at (615) 824-8664, ext. 3504 or info@str.com to get started.
Industry News
In a promising sign of continued recovery, hotels are continuing to report growing occupancy rates during the past 11 weeks. Will the trend continue, and how could this affect your property?
(Source: HospitalityNet Photo Credit)
Despite early predictions that business travel could be among the last sectors to fully bounce back, there have been promising signs on the road to recovery, especially now that the U.S. has announced plans to reopen its borders.
(Source: Hotel Online Photo credit)
Even before the pandemic began, the hospitality industry was beginning to implement more centralized operations within properties, and this has only intensified in the past 18 months.
(Source: Lodging Magazine Photo credit)
Today's Hotelier: In Case You Missed It
|
||||||||||||||||||||||||
1100 Abernathy Road NE - Suite 725
Atlanta, GA 30328 (404) 816-5759 |
|