Click here if you are having trouble viewing this message.

Your Daily AAHOA Update for Monday, Nov. 9, 2020

Today's Top Stories

AAHOA President Speaks at 42nd Annual NYU International Hospitality Industry Investment Conference

A hand, not a handout. That’s what President & CEO Cecil P. Staton replied when asked what AAHOA Members were looking for when the Biden administration assumes the White House in January. “Many of our members came here originally because of their belief in the American Dream, and I see the fulfillment of the dream,” Staton said. “But they may lose what they have been building, some for more than a generation. Our members are not looking for a handout, just some help to get to the other side. And I think that help is there. There is hope for the future.”

Staton joined AHLA President & CEO Chip Rogers, USTA President & CEO Roger Dow, and NABHOOD President & CEO Andy Ingraham today for Policy Matters: What Lodging Needs to Know Now About Public Policy for a high-level discussion on the continued impact of the ongoing COVID-19 pandemic.

Learn More

Over the Weekend: AAHOA Congratulates President-Elect Biden

AAHOA President & CEO Cecil P. Staton issued the following statement on President-elect Joe Biden's victory in the 2020 presidential election: "On behalf of AAHOA’s 20,000 hotel owners, we offer our sincere congratulations to President-Elect Joe Biden and Vice President-Elect Kamala Harris. We wish them success in their endeavors to combat the COVID-19 pandemic, reinvigorate travel, and get our economy back on track.

Baird/STR Hotel Stock Index Mostly Flat in October

The Baird/STR Hotel Stock Index was mostly flat in October, down just 0.2% to a level of 3,323. Year to date through the first 10 months of 2020, the stock index was down 36.9%. The Baird/STR Hotel Stock Index in October outperformed both the S&P 500 and the MSCI US REIT Index, which both dropped 2.8%. The Hotel Brand sub-index increased 0.4% from September to 5,993, while the Hotel REIT sub-index decreased 2.1% to 723.

Read Full Report

Upcoming AAHOA Events & Webcasts

Getting Back to Business: Property Improvement Plans – Tips and Advice for Hoteliers

All hotel properties require periodic refreshes and property improvement plans (PIPs) that can demand significant capital investment. From a strategic standpoint, property improvements are meant to improve guest satisfaction and enhance competitiveness. Join us to learn tips and advice for navigating through the PIPs that are triggered by a new ownership change, a license renewal, or a brand conversion and what is the best plan of action during the COVID-19 pandemic.

3-3:30 p.m. EST Tuesday, Nov. 10, 2020

Register Now

AAHOA California Regions Virtual Event: Property Tax Discussion Sponsored by O'Connor & Associates

Join us as O'Connor & Associates updates AAHOA Members in California on what they need to know regarding property taxes in the COVID-19 era. Greater Los Angeles Area Regional Director Naresh (ND) Bhakta, North Pacific Regional Director Kamalesh (KP) Patel, and South Pacific Regional Director Mike Riverside will host the event with guests O’Connor & Associates’ Andrew Choy, Director of National Hotel Property Tax, and Abraham Tieh, Director of National Commercial Property Tax.

Meeting ID: 993 5086 1836

Join by Phone: 646 558 8656

4 p.m. EST Tuesday, Nov. 10, 2020

Event Link

AAHOA North Central and Upper Midwest Regional: A Virtual Experience

AAHOA's 2020 Regional Conferences & Trade Shows continue this Thursday with the AAHOA North Central and Upper Midwest Regional: A Virtual Experience (2-6 p.m. CT). Join us to hear from Stacey Nadolny, Managing Director, Senior Partner, HVS; Phil Hugh, Chief Development Officer, Americas, Radisson Hotel Group; Shreyas (JR) Patel, President, Helix Hotels; Michael Jacobson, President & CEO, Illinois Hotel & Lodging Association, and many more! Reminder: All Regionals are FREE, and you can attend as many as you like!

2-6 p.m. CST Thursday, Nov. 12, 2020

Register Now

Upcoming Industry Events & Webcasts

Webinar Series

Register for the FREE NYU Hospitality Investment Conference Webinar Series

The virtual dates for this year’s NYU Hospitality Investment Conference Webinar Series are November 6-12, while the in-person event is slated for June 6-8, 2021, in New York City. The industry at large is invited to join NYU for five days of free programming, which continues tomorrow through next week.

November 6-12, 2020

Learn More

Virtual Event

BDNY Virtual Conference Registration Is Open

Each year, industry leaders and game changers gather for BDNY to take part in the expansive conference program. This year’s BDNY virtual conference, of which AAHOA is a sponsor, will provide industry insight, best practices, and shifts to watch. On Nov. 16-17, 2020, BDNY connects the hospitality A&D community via peer-based learning with the industry’s brightest minds. Registration is $99 for two full days of programming.

November 16-17

Register Now

Webinar

U.S. Booking Trends for Thanksgiving and Beyond

As we move closer to the end of the year for hospitality, you are invited to join AHLA and Amadeus for a presentation reviewing the current booking trends they’re seeing for the Thanksgiving holiday and beyond. They’ll suggest best practices based on these trends and provide an actionable checklist for you to use when building your strategy to drive demand for the rest of the year and moving into 2021.

2 p.m. EST Tuesday, November 17

Register Now