Visit www.aahoa.com/covid-19 for the latest info
Click here if you are having trouble viewing this message.
AAHOA

Update for Wednesday, July 15

AAHOA is bringing you the latest information as it relates to COVID-19 and your business.

Help AAHOA help hotel owners by sharing this update with owners in your network, whether they're AAHOA Members or not. Turn to AAHOA's Facebook, LinkedIn, and Twitter accounts for the latest.

 

CONTENT FOUND IN THIS UPDATE

 
  • AAHOACON20: Registration is now open for AAHOA's virtual convention and trade show!
  • EIDL: SBA announces program has reached its $20B limit and is out of funds
  • CDC: New toolkit will help families stay safe while traveling in the age of COVID-19
  • Virtual Events: Two can’t-miss events from the Upper Midwest, Southwest regions next week
  • Tomorrow’s Webcasts: CARES Act benefits, cost-saving technology in the ‘new normal’ on tap
  • Kalibri Labs: Hotel occupancy, ADR continue to trend upward, airline ticket purchases still down

Registration Is Now Open for the 2020 AAHOA Virtual Convention & Trade Show!
Registration for the 2020 AAHOA Virtual Convention & Trade Show is now open and it is FREE for all AAHOA Hotelier Members. The event is set for August 11-13, with voting taking place on August 11. The cost for non-members to attend the convention is $199, however, they can join AAHOA and the registration fee will be waived. Because this will be a brand-new experience and to help you prepare to make the most of AAHOACON20, we’ve developed a voting FAQ and compiled other general information.

This event will feature all the great educational, networking, and sharing opportunities the industry has come to expect from AAHOA events, so don’t miss it. Register Now.

Economic Injury Disaster Loan (EIDL) Advance Program Runs Out of Money
The Economic Injury Disaster Loan (EIDL) Advance program – which provided $10,000 to businesses that applied for an EIDL loan, whether or not the loan itself was approved – is officially out of money, the Small Business Administration (SBA) announced on Monday. The advance program had provided grants to businesses since the CARES Act was passed but reached the $20-billion funding limit set by Congress.

The end of the grant program, which was among the government’s core responses to help businesses during the COVID-19 crisis, comes as other sources of relief for business owners also are drying up.

CDC: Toolkit Will Help Families Stay Safe While Traveling in the Age of COVID-19
The Centers for Disease Control and Prevention (CDC) recently released a Toolkit for Domestic Travelers with guidance and tools to help travelers protect themselves, their families, and their communities when they travel. It includes fact sheets about how to stop the spread of the virus, how to protect yourself and others, web resources on how to protect yourself on transportation and traveling overnight, a coronavirus self-checker, social media graphics, PSAs, and more. See the full toolkit here.

Save the Date: Two Can’t-Miss AAHOA Virtual Events on the Slate for Next Week

Join us at 2 p.m. EDT, Wednesday, July 22 as Upper Midwest Regional Director Kalpesh Joshi hosts Safe to Reopen – Proper Hotel Disinfecting and Instilling Consumer Confidence. Joshi and a panel of experts from AAHOA Club Blue Partner Ecolab will examine hotel disinfecting, best practices, and how to move forward to create consumer confidence at your property.

Then, at 2 p.m. EDT, Thursday, July 23, Southwest Regional Director Imesh Vaidya will host Arizona Virtual Event: What You Need to Know About ADA Lawsuits in the State. He will be joined by Lindsay G. Leavitt, member, Jennings, Strouss & Salmon, PLC, for an informative discussion around the latest ADA implications in the state of Arizona. Don’t miss out, add these events to your calendar today.

Tomorrow’s Webcasts: CARES Act Benefits, Cost-Saving Technology in the ‘New Normal’ on Tap
AAHOA is offering two helpful webcasts tomorrow, July 16 to aid hoteliers on their journey to recovery from the coronavirus pandemic. At 1 p.m. EDT, join us for Getting Back to Business: Maximizing CARES Act Benefits, where we will take a detailed look at retirement benefits offered through the CARES Act and other financial resources such as PPP, the SBA Bridge Loan program, and SBA Debt Relief.

Then, come back at 3 p.m. for Getting Back to Business: Success Strategies, Part 1 – Service Through High Tech & Low Touch to learn about inexpensive cost-saving technology that can help you keep up or even get ahead of guests’ evolving expectations in this age of social distancing, PPE, sanitization, etc. Register now.

virtual

Kalibri Labs: Hotel Occupancy, ADR Continue to Trend Upward: Airline Ticket Purchases Still Down

With the July 4 holiday weekend acting as a catalyst, occupancy and ADR continued on an upward week-to-week trend across all rate categories. Rack/BAR experienced a sizable increase in demand week over week, most likely attributable to the holiday weekend demand. These are two of the biggest takeaways from Kalibri Labs’ latest COVID-19 Impact: Recovery Analysis.

On the down side, net airline tickets purchased continues to trend negative in most major markets, as well as the U.S. as a whole. The uncertainty with case spikes and potential rollback of business restrictions is most likely impacting future travel purchases. See the full report here.