| Archive | Subscribe | Send to a Friend | www.aahoa.com |
November 4, 2021
 AAHOA News
Today marks the beginning of Diwali, the Festival of Lights. One of the holiday's main tenets – the celebration of light over darkness – could not be more apropos. For the past nearly two years, we have struggled to overcome the devastating effects of the COVID-19 pandemic, with the hospitality industry being hit especially hard. These have been some of the darkest times in the history of our industry, but thankfully, we are starting to see glimmers of light at the end of the tunnel. Diwali marks a time for all of us to reflect on ways we can uplift others and shine light into the world. It is a time to celebrate and appreciate the past and prepare for the future. From our family to yours, we wish you all the best this holiday season.
Held in conjunction, HX: The Hotel Experience Powered by AAHOA and Boutique Design New York are both returning to New York City’s Javits Center on November 14-15. HX serves as a community for hospitality professionals, offering unparalleled access to education, solutions, and innovation to deliver extraordinary guest experiences and improved profitability. BDNY is the curated, creative event of the industry, bringing designers, architects, purchasing agents, hoteliers, owners, and developers together with inventive manufacturers of design elements for hospitality interiors for a highly curated experience. Register for one or both today!
Join AAHOA at 1 p.m. EST next week on Wednesday, November 10, for a timely and thorough discussion on the latest implications of immigration and labor shortage issues, including the limitations and guidelines of H-2B and J-1 visas for future labor. Jorge L. Lopez, a shareholder of Littler Mendelson P.C., a leading firm with a singular focus on labor and employment law, will share what the business community has done so far this year on promoting immigration reform in the hospitality industry, and what we can expect in the future. Register now.
Our family just keeps growing as we welcome Totem Solutions as our newest Platinum Industry Partner! Totem Solutions specializes in solving complex benefits, enrollment, and administration problems for a wide variety of clients. Totem is the benefits consulting firm that does much more than benefits consulting; they can accelerate engagement, reduce costs, and eliminate administrative bottlenecks. Totem handles everything from administration, to enrollment, to part-time benefits, and more. All so you can be there for everyone. Welcome aboard, Totem! Learn more.
The November 2021 issue of Today's Hotelier magazine is now available. In this issue, we examine the involvement in state and local committees as a key part of a hotel ownership playbook, while also looking at marketing strategies for an unpredictable world and defensible terminations in a post-pandemic world. And don't miss our contribution from new AAHOA President & CEO Ken Greene to learn more about the vision for AAHOA's future. We also take a look at what Diwali means to the AAHOA Board of Directors, how to know your worth, optimizing the guest experience, the importance of multi-layer insurance policies, and much more. Read the issue here.
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 -48.4% comparable result in 2020 vs. -51.8% in the prior week’s 2-year run-rate. On a 2-year run-rate, RevPAR was -4.3% vs. -9.6% in the prior week’s 2-year run-rate. Upscale RevPAR: +86.2% y/y and -11.6% over 2 years; Upper Midscale RevPAR: +64.3% y/y and +3.4% over 2 years. Last week's results were impacted by the shift of Halloween. The impact vs. 2019 was not as frightening with group occupancy down 31% last week vs. 38% over the running 28 day average. Day-by-day results vs. 2019 had more "tricks" than "treats" in analysis with Monday RevPAR down 21%, Thursday up 15%, and then Saturday down 4%. We await a smoother comparison for analysis in the next few weeks.”
Featured Club Blue Member
Ecolab, the global industry leader in hotel cleaning and sanitization, offers preferred pricing to AAHOA Members. Save on laundry, housekeeping, kitchen, pool and spa chemical programs, and more! For more information, please visit the website, then contact Michael Pfister or call 952-852-0926 today!
Featured Platinum/Silver Member
From the beginning, every Amana® brand product has been made with the same core philosophy: to provide our customers with high-quality products that are reliable, meet their needs, and last longer than the rest. And we keep that philosophy firmly in mind as we build our industry-leading Amana brand Packaged Terminal Air Conditioners (PTACs) and other heating and cooling products. Amana brand PTACs are designed to simplify your business with plain-and-simple product durability and advanced energy management features, while helping you to create the best environmental experience possible for your customer. For more information, contact Byron Cortez or check out the website.
Featured Member Benefit
The members of AHIA specialize in hospitality industry legal issues and have a minimum of five years' experience for in-house counsel and 10 years' experience for outside counsel. All AHIA members are committed to promoting professionalism, continuing education, and improved communication, which creates a network of competent experienced attorneys committed to improving legal services throughout the hospitality industry. Access their nationwide directory to find a hospitality industry lawyer near you.
Industry News
As the hospitality sector continues to face workforce attrition and shortages, hoteliers and restauranteurs are implementing a host of options to find qualified applicants while simultaneously retaining their best people.
(Source: Forbes Photo credit)
Ahead of an expected surge of travelers beginning on Nov. 8, the date when the U.S. lifts international restrictions for fully vaccinated travelers, airlines are bracing for an overwhelming influx of passengers, which could lead to increased hotel bookings and increases in hospitality-related spending.
(Source: NASDAQ Photo credit)
While gas prices are continuing to rise, they are showing signs of slowing, with the week-over-week last week marking the smallest increase in more than a month. AAA attributes the trend to a possible reintroduction of Iranian oil as a contributing factor, and retailers across the country are hoping less pain at the pump will lead to increased spending elsewhere, including travel.
(Source: AAA Photo credit)
Today's Hotelier: In Case You Missed It
|
||||||||||||||||||||||||||||||
1100 Abernathy Road NE - Suite 725
Atlanta, GA 30328 (404) 816-5759 |
|