The future of ownership goes beyond hospitality By Cathleen Draper For decades, the playbook for hotel ownership was simple: Buy the box, flag it with a strong brand, run it well, and let the returns roll in. But for a growing number of owners, that strategy no longer plays out the way it used to. Margins have tightened, financing has gotten harder to come by, and the … [Read more...] about Spreading the Risk
The Responsibility of Representation
Rep. Suhas Subramanyam seeks to restore access to the American Dream By AAHOA Staff As the son of immigrants and one of six Indian American members of Congress, Representative Suhas Subramanyam (D-VA) acutely understands the importance of representation. He also understands the daily challenges that small business owners face – before his time in Congress, Rep. … [Read more...] about The Responsibility of Representation
The Brands Went Asset Light. Your Costs Didn’t.
An asset-light pivot is compressing your margins – here’s what the new wave of conversion brands means for what’s left By Sumit Dalwadi, DBA There is a version of hotel franchising that most of us bought into. The brand brings the flag, the loyalty program, the reservation system, and the marketing muscle. You bring the capital, the land, the debt, and the operational … [Read more...] about The Brands Went Asset Light. Your Costs Didn’t.
The American Dream We Already Built
To get the next generation in the door, hoteliers must first open it By Aaryan Patel & Jin Laxmidas For generations, hotel ownership has represented one of the purest examples of the American Dream. Many AAHOA Members arrived in this country with little more than determination, worked tirelessly, made sacrifices, and built businesses that now support their families … [Read more...] about The American Dream We Already Built
The Generation That Follows
Today's most motivated business owners build for what comes next By Kristie Kalinowski Ask most people to describe the American Dream and they will reach for the language of independence and financial security. These are real motivations, and they have driven business ownership for generations. But spend time with the people entering service-based business ownership … [Read more...] about The Generation That Follows