Armaan Patel, founder of AGA Hotels and winner of AAHOA's Outstanding Young Professional of the Year Award, is using his passion for the hospitality indsutry to assist in the growth of franchises with a hands-on approach. Young professionals like Armaan bring tech-savvy solutions and a fresh perspective to help hotels meet the demands of current modern guests.

 

The Texas Travel Industry Recovery Grant program opened applications on July 5 to administer $180 million of federal coronavirus funds to tourism, travel, and hospitality industries that were negatively impacted by the pandemic. Funding for the program was established by state legislators last year, using money received from the Coronavirus State and Local Fiscal Recovery Funds program, a part of the American Rescue Plan. Eligible Texas businesses that experienced an economic loss due to COVID-19 can receive a one-time payment of up to $20,000, state officials said.

 

Learn more here.

 

 

Unfortunately, in the past few weeks, the Los Angeles City Council and the Glendale City Council voted to adopt the Hotel Worker Limitation ordinance rather than putting it on the November ballot and letting voters decide. In Laguna Beach, a similar measure will be heading to the ballot.

 

As we’ve seen in other communities that have adopted similar ordinances, these policy proposals triple the costs of housekeeping and cause a decrease in Transient Occupancy Tax revenue following implementation. Be on the lookout for the spread of similar ordinances in your community as they directly harm the hospitality economy and jobs.

As the summer flies by, AAHOA continues to successfully execute regionals, town halls, and charity golf tournaments. AAHOA only has three more charity golf tournaments on the calendar for the rest of the year, and if you have yet to attend one, we highly recommend going to one (or more!) of the remaining ones - trust us, you don't want to miss out!

 

At the first two golf tournaments earlier this year, we raised more than $100,000 for various charities. We do not intend for the momentum to slow down, so if you would like a chance to enjoy a beautiful day on the greens, network with other hoteliers and vendors, and most importantly, raise money for great causes, register today!

 

Hotels need automation now more than ever to counter market disruptions, stay competitive, and meet guest expectations. The Property Management System (PMS) at the center of hotel operations is poised to answer the call by harnessing technology’s full potential through innovation and collaboration.This special report shines a light on hospitality’s current tech challenges and how hoteliers can future proof their PMS  to leverage the abundance of opportunities that lie ahead.

 

Our experts can help you feel more confident in taking full advantage of the Employee Retention Credit.

 

Peter, founder of Lark Hotels thought ERC "seemed complex and overly burdensome" so he shelved it. Then, he found Leyton. He's been able to identify over $300,000 in credit and has doubled in size despite COVID.

 

Find out how you can, too.

 

The remainder of July and start of August are full of Regionals, Town Halls, and even a Charity Golf Tournament! Check out our lineup of events coming your way. Make plans to join us by registering today. (All times are local.)

This month, several AAHOA team members received their certificate to administer the Businesses Ending Slavery and Trafficking (BEST) Inhospitable to Human Trafficking Training Sponsored by AAHOA program to AAHOA Members and their staff.

 

During the Upper Midwest Regional Conference & Trade Show on Thursday, July 28, AAHOA will be conducting a FREE human trafficking prevention training session, which is an incredibly important opportunity for hoteliers and their staff to learn about how to prevent human trafficking and earn their certificate onsite.

 

Human trafficking harms victims and poses serious safety risks to guests and employees, and it can also expose your property to legal and financial liabilities. The training program helps lodging staff identify the crime and proactively prevent it from occurring.

 

If you are attending the Upper Midwest Regional Conference & Trade Show, AAHOA strongly recommends taking the time to attend this hour-long session to bolster individual knowledge on human trafficking and how it impacts everyone in the hospitality industry. Register today.

Truist Securities reports, “Last week’s RevPAR was up against a +108.7% comparable result in 2021 vs. +107.6% in the prior week. On a 3-year run-rate (vs. 2019), RevPAR was +6.4% vs. -1.1% in the prior week’s 3-year run-rate. Upscale RevPAR: +21.0% y/y and +0.8% over 3 years; Upper Midscale RevPAR: +8.9% y/y and +6.0 over 3 years. Last week was a clean comp following the recent holiday calendar shifts. RevPAR growth of 6.4% vs. 2019 was slightly below the 10-week trend.”

For more, read the full report here, read the China/Europe report here, and read the hotel P&L analyzer here.

Independent public adjusters are invaluable members of your insurance claim settlement team for help in dealing with commercial or residential catastrophic loss. Negotiating a claim after a devastating event such as a fire, flood, earthquake, hurricane, or any natural disaster is a monumental task. The insurance company will use their team to attempt to minimize your loss. That’s where we come in. WorldClaim Global Claims Management is a 33-year-old international firm of public insurance adjusters advocating on behalf of commercial, institutional and individual policyholders. We provide the highest level of claims management services to clients around the globe. For more information, visit our website, then contact Russell Heath (rheath@worldclaim.net) today.

INFINITI HR is a Master Aggregator, The Professional Employer Organization for Hospitality Management© throughout all 50 states. INFINITI HR is recognized for the exceptional ability to support employer standards, mitigate employer risk and liability, while providing superior economies of scale and purchasing power for world-class, mid-range, and economy hotel properties of all sizes. For more information, visit our website, then contact Daniel Mormino (daniel.mormino@infinitihr.com) today to get started.

AAHOA Members receive a 10% discount on CBRE’s Hotel Horizons econometric forecast reports of 60 major markets in the United States. Click here to view additional benefits. Contact CBRE Client Services (websales@cbre.com) to claim your discount or call 855-223-1200.

Due to ongoing supply-chain problems, experts predict that food costs will continue to rise, though ongoing inflation has prompted some hoteliers to implement better operations-management systems to ensure waste is kept to a minimum.

As the old saying goes, "It's always darkest before the dawn," and savvy hoteliers are taking advantage of a challenging market to examine day-to-day operations and procedures to implement changes that can impact a hotel's bottom line.

As one of the few market segments to remain relatively strong during the pandemic, the successes of extended-stay hotels during the past two-plus years can offer lessons for the rest of the industry.