AAHOA Broadcast

Though it’s early in the year, 2023's headlines have been dominated by talk of what ChatGPT, an AI language-processor, can do for countless industries, hospitality included. Since it was launched in November 2022 , ChatGPT quickly hit mainstream and counts on a “ Multibillion-Dollar” investment from Microsoft . Hospitality leaders are looking into how this technology could revolutionize ...

STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast just released at the Americas Lodging Investment Summit (ALIS) . Additionally, a subsequent downward adjustment was made for 2024. The occupancy projection for this year was lower than the previous forecast by 0.1% while projections for average daily rate (ADR) and revenue per available room (RevPAR) ...

AAHOA Chairman Neal Patel was honored to attend the annual ALIS Conference alongside the AAHOA Officers, President & CEO Laura Lee Blake, and Senior Vice President of Government Affairs & Counsel Dean Heyl and participate in hotel investment conversations. On Tuesday, January 24, Patel moderated a panel discussion centered around renovating, rebranding, and conversions in hospitality. ...

AAHOA President & CEO Laura Lee Blake had the opportunity to speak on several panels at the ALIS Conference in Los Angeles this week. Blake participated in the Student Ambassador program panel with several industry leaders. The panel was well attended by many dynamic and goal-oriented college students looking for tips on securing jobs and advancing in the industry. On Monday, January ...

The Point 7 webinar released this week features AAHOA President & CEO Laura Lee Blake, Vice Chairman Bharat Patel, and Lifetime Member Akshat Patel discussing the concerns that arise from the franchise renewal process, amenity creep, marketing and advertising fees, and much more. “In this point, AAHOA advocates that there should not be high renewal fees and additional personal guarantees ...