Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.
THE AHLA FOUNDATION recently expanded its travel scholarship program with historically Black colleges and universities supported by a 2023 grant from the Nareit Foundation's Dividends Through Diversity, Equity & Inclusion Giving Campaign. The foundation also announced its 2024 officers and board of trustees, further diversifying the board’s representation of industry segments, AHLA Foundation said in a statement.
“HBCUs are an incredible, yet underestimated, resource for talent” said AHLA Foundation President Anna Blue. “Travel scholarships are an important tool for fostering inclusion at the earliest stages and help to increase exposure to the different parts of industry, including hotel and lodging REITs.”
The $85,000 grant from the Nareit Foundation, Nareit's philanthropic arm, will facilitate HBCU students' attendance at REIT- and investment-focused events, including the Hunter: Hotel Investment Conference in March and the NYU International Hospitality Industry Conference in June, the statement said.
The AHLA Foundation launched travel scholarship program in 2023 to increase student exposure to career pathways in hospitality, the statement added. The scholarships are available for students attending AHLA Foundation-affiliated schools, including Bethune-Cookman University, Howard University, Morgan State University, North Carolina Central University, University of the District of Columbia, University of Maryland Eastern Shore and Virginia State University. Each school may nominate students to receive these scholarships.
In January, The AHLA Foundation launched a scholarship platform for U.S. hospitality students, providing an interface and built-in eligibility assessment for all qualifying applicants.
2024 Board of Trustees
The foundation announced its 2024 officers and board of trustees, diversifying representation across industry segments. It includes, from left, Julienne Smith, IHG Hotels & Resorts' chief development officer, as the new chairperson of the board; Anu Saxena, president and global head of Hilton Supply Management, as vice chair, and Jonathan Stanner, president and CEO of Summit Hotel Properties, as secretary/treasurer.
The AHLA Foundation named Julienne Smith, IHG Hotels & Resorts' chief development officer, as the new chairperson of the board, replacing Tom Bardenett of RLJ Lodging Trust, the statement said. Bardenett transitions to immediate past chair. Anu Saxena, president and global head of Hilton Supply Management, serves as vice chair, while Jonathan Stanner, president and CEO of Summit Hotel Properties, acts as secretary/treasurer.
“I am thrilled and honored to step into the role as chair of the AHLA Foundation,” said Julienne Smith. "The Foundation’s work focuses on the single most important thing in our industry – supporting our people, who are the heart of our hotels and who make hospitality a fantastic career path.”
The foundation also appointed three new members to the board of trustees: Amber Asher, CEO of Standard International; Kevin Osterhaus, president of Graduate Hotels; and Harry Javer, founder & president of The Conference Bureau.
“Supporting the hotel workforce, the people at the heart of this industry, is at the center of AHLA Foundation’s work,” Blue added. “Our board plays a vital role in advancing our mission, and the leadership and guidance of these industry leaders will set the stage for deeper impact and even greater reach.”
Sonesta launched Americas Best Value Studios, an extended-stay version of ABVI.
The model targets owners seeking limited front desk and housekeeping.
The brand meets demand for longer-term, value-focused stays.
SONESTA INTERNATIONAL HOTELS Corp. launched Americas Best Value Studios by Sonesta, an extended-stay version of its franchised brand, Americas Best Value Inn. The model targets owners seeking limited front desk and housekeeping, optional fitness center and lobby market along with standard brand requirements.
The brand aims to address the growing demand for longer-term, value-driven accommodations, Sonesta said in a statement.
"Americas Best Value Studios by Sonesta represents a strategic evolution of our trusted Americas Best Value Inn brand," Keith Pierce, Sonesta’s executive vice president and president of franchise development, said. "We are expanding our offerings to directly address the increasing demand within the extended-stay segment, providing a practical solution for travelers seeking longer-term lodging at value. This new brand type allows our local franchised owner-operators to tap into a growing market while maintaining the community-focused experience that Americas Best Value Inn is known for."
ABVI has a majority presence in secondary and tertiary markets, the statement said.
The extended-stay brand’s operational model features a front desk, bi-weekly housekeeping, on-site laundry and pet-friendly accommodations, Sonesta said. Guests can also earn or redeem points through the Sonesta Travel Pass loyalty program.
In August, Sonesta named Stayntouch its preferred property management system after a two-year review of its ability to support the company’s franchise model. The company operates more than 1,100 properties with more than 100,000 rooms across 13 brands on three continents.
By clicking the 'Subscribe’, you agree to receive our newsletter, marketing communications and industry
partners/sponsors sharing promotional product information via email and print communication from Asian Media
Group USA Inc. and subsidiaries. You have the right to withdraw your consent at any time by clicking the
unsubscribe link in our emails. We will use your email address to personalize our communications and send you
relevant offers. Your data will be stored up to 30 days after unsubscribing.
Contact us at data@amg.biz to see how we manage and store your data.