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Business & Finance

AHLEF's 24th Annual Big Apple Auction Opens for Bids

Exclusive Vacation Packages for Las Vegas, Hawaii, Golf Getaways & More!

WASHINGTON, D.C. November 7, 2017 – The American Hotel & Lodging Educational Foundation’s (AHLEF) annual Big Apple Auction is ready for bids with almost 130 items ranging from exclusive getaways to advertisements for your business in national publications.

The auction is now live and will remain open for bidding through Wednesday, November 15, at 3 pm (EST). The Big Apple Auction features items donated by lodging properties, CEOs, suppliers, show exhibitors, and other industry supporters.

Bidding starts at a fraction of retail value on amazing items like these:
•A full-page black & white ad in the national edition of USA Today.
•Three-night stay with Ocean View at the Waikiki Parc Hotel in Honolulu, Hawaii.
•A two-night stay with golf for two in an ocean-view room at Terranea Resort in Rancho Palos Verdes, California.

“We would like to extend our gratitude to all of the donors that have generously contributed to the AHLEF Big Apple Auction,” said Rosanna Maietta AHLEF interim president. “These contributions and everyone’s bids allow AHLEF to continue to provide hospitality students with scholarships that will contribute to their futures in the hospitality industry.”

Last year’s auction generated more than $85,000 in proceeds, which benefited AHLEF, the charitable educational arm of the American Hotel & Lodging Association (AHLA). Since its inception, AHLEF has disbursed more than $21.5 million through its scholarship, education, outreach, and research programs.

For more information about the auction, including donating items, contact Lauren Biehl, Foundation Manager, at (202)289-3134 or access the auction online.

Serving the hospitality industry for more than a century, the American Hotel & Lodging Association (AHLA) is the largest national association solely representing all segments of the 8 million jobs the U.S. lodging industry supports, including brands, hotel owners, REITs, chains, franchisees, management companies, independent properties, bed and breakfasts, state hotel associations, and industry suppliers. Headquartered in Washington, D.C., 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:
Michelle Morenza
mmorenza@ahla.com
305-609-1867

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.