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Business & Finance

Marcus Hotels & Resorts Donates $5,000 to AHLEF's 2017 Annual Giving Campaign

WASHINGTON, D.C. August 14, 2017 — Marcus Hotels & Resorts contributed $5,000 – a diamond level gift – to the American Hotel & Lodging Educational Foundation (AHLEF) 2017 Annual Giving Campaign.

The Annual Giving Campaign is the Foundation’s yearly fundraiser that raises unrestricted funds to support its core missions, including providing scholarships to hospitality management students and hotel employees; funding important research in areas such as room tax, economic impact studies, and ADA requirements; and workforce development initiatives that promote hospitality as a career of choice.

“Over the past 50 years, our vision at Marcus Hotels & Resorts has been to make a positive difference in the lives of the people and communities we serve, the owners and brands with whom we partner, and the associates we employ coast to coast,” said Joseph Khairallah, President and COO of Marcus Hotels & Resorts. “Investing in student scholarships and professional development opportunities to fuel the current and future talent pipeline while supporting research that will undoubtedly drive our industry forward naturally dovetails with that vision. We are proud to participate in AHLEF’s Annual Giving campaign and look forward to the innovative ways the Foundation will help our industry continue to thrive now and for generations of leaders to come.”

“A long-time donor of the Foundation, we are incredibly thankful for Marcus Hotels & Resorts’ contributions at the six-diamond level,” said Rosanna Maietta, AHLEF interim president. “As we continue our mission to train new talent and our current employees, it’s contributions at this level that become so important in helping us accomplish our goals and develop first-class hospitality team members.”

AHLEF is the not-for-profit affiliate of AHLA and is funded solely by charitable donations from progressive hospitality leaders and companies within the industry. In 2016, AHLEF disbursed $851,000 in scholarships to promising college students and professionals seeking a career in hospitality, and $305,000 to fund valuable research for the industry. Since the Foundation’s inception, more than $21.5 million has been distributed through its scholarship, education, outreach, and research programs.

Support the Foundation by helping fund the future of the lodging industry. For more information about donating, contact Michelle Poinelli, Senior Vice President of Foundation Programs, at (202) 289-3181 or mpoinelli@ahlef.org, or visit www.ahlef.org.

About the American Hotel & Lodging Educational Foundation

AHLEF is the industry’s philanthropic organization, dedicated to helping people build careers that improve their lives and strengthen the lodging industry. Founded in 1953, AHLEF is a subsidiary of the American Hotel & Lodging Association and provides resources for hospitality-related education and research.

About the American Hotel & Lodging Association

Serving the hospitality industry for more than a century, the American Hotel & Lodging Association (AHLA) is the sole national association representing all segments of the 8 million jobs the U.S. lodging industry supports, including hotel owners, REITs, chains, franchisees, management companies, independent properties, bed and breakfasts, state hotel associations, and industry suppliers. Headquartered in Washington, D.C., AHLA focuses on strategic advocacy, communications support, and educational resources for an industry that advances long-term career opportunities for employees, invests in local communities across the country and hosts more than one billion guests’ stays in American hotels every year. AHLA proudly represents a dynamic hotel industry of more than 54,000 properties that supports $1.1 trillion in U.S. sales and generates nearly $170 billion in taxes to local, state and federal governments. Learn more at www.AHLA.com.

About Marcus Hotels & Resorts

Marcus Hotels & Resorts owns and/or manages 17 hotels, resorts and other properties in the U.S. The company’s distinctive portfolio includes city-center meeting hotels, upscale resorts, historic properties, and premium branded and independent first-class hotels. Marcus Hotels & Resorts is an approved operator for all major lodging brands. A leader in the hospitality industry since 1962, Marcus Hotels & Resorts creates asset value for hotel owners through its expertise in management, development and product repositioning, including hotel food and beverage concepts developed by its Marcus Restaurant Group, featuring premier brands such as Mason Street Grill, ChopHouse and Miller Time Pub & Grill. The company is also growing its experiential restaurant concept, The SafeHouse, with a second location that opened in early 2017 in Chicago, Ill. For more information, please visit: http://media.marcushotels.com and follow the company on Facebook and Twitter (@MarcusHotels).

CONTACT:
Katie Longo
klongo@ahla.com

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.