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Business & Finance

Handlery Foundation Reaffirms Pledge to AHLEF, Donates $10,000 to 2017 Annual Giving campaign

WASHINGTON, DC. 2017 — The Handlery Foundation contributed a leadership gift of $10,000 to the American Hotel & Lodging Educational Foundation’s (AHLEF) 2017 Annual Giving Campaign. A longtime supporter of AHLEF, the Handlery Foundation has contributed to an endowed scholarship fund and previous capital giving campaigns. This is the third gift at the $10,000 Leadership Level to AHLEF’s Annual Giving Campaign.

The Annual Giving Campaign is AHLEF’s yearly fundraiser supported solely by the hospitality sector that raises unrestricted funds to support its core missions. Because of industry support, AHLEF dispensed more than $1.4 million in 2016 through its programs, including awarding scholarships to hospitality management students and hotel employees; funding important research in areas such as determining the economic impact of the U.S. lodging industry, lodging tax rates; and providing the necessary funds to address workforce development initiatives that promote hospitality as a career of choice.

“My father, Paul, proudly served as one of the early trustees of AHLEF and was a true pioneer in creating a culture of determination and generosity for future generations to emulate,” said Jon Handlery, President of Handlery Hotels. “My father’s efforts to help craft the Foundation’s first major fundraising initiative laid the groundwork toward securing long-term support and recognition for hospitality scholarship and educational programs. His hard work and dedication is a model for both my family and colleagues to follow in his footsteps and continue his vision of giving back to the hospitality industry.”

Paul Handlery, AHLEF’s Honorary Chairman for Life, established the Handlery Scholarship in 1982. Since that time, the fund has grown through contributions and investment earnings to nearly one million dollars, and is currently valued at more than $700,000. More than 310 students have received funds since the scholarship began, totaling $458,000.

“The Handlery family’s unwavering support of young talent cannot be understated. Their generous Leadership gift and shared commitment to opening doors for young people in the hospitality industry will further our work by supporting scholarships, research and professional development initiatives,” said Rosanna Maietta, AHLEF interim president. “AHLEF is forever grateful for the Handlery Foundation’s tremendous support spanning over three decades and we look forward to continue our long-lasting partnership for years to come.”

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.

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.

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.

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.