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Reminder: Fee Transparency Laws Are Effective July 1, 2024
CHLA members know better. If you aren’t prepared to comply with California’s new fee transparency laws taking effect July 1, CHLA has you covered. In addition to the webinar we did last week, we’ve just completed a very detailed summary of these new laws and have it on our website. This resource, which was done in coordination with Kabat Chapman & Ozmer LLP, is an excellent deep dive into the many nuances of these new laws. Click the link below to access the “Fee Transparency: What You Need to Know” compliance guide, webinar recording, FAQ’s, a one-page summary, and the actual laws as written, among other resources.
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Stay Connected With CHLA On Social!
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New Forecast Downgrades U.S. Hotel Forecast
STR and Tourism Economics made significant downward adjustments to the 2024-25 U.S. hotel forecast just released. The latest revision reflects lower-than-expected performance thus far in 2024 as well as lessened growth projections for the remainder of the year. For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were downgraded to growth of 1.0% and 2.1%, respectively. Occupancy for the year is now expected to decline after the previous forecast projected year-over-year growth in the metric. Learn more about the industry forecast as we head into the second half of 2024, and connect with California’s top hotel executives, owners and managers at our Trends + Insights Conference on August 21 in Huntington Beach. More details to follow.
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Meet Eager Job Seekers At Hotels Hire!
Calling all Los Angeles hotel employers – join us for Hotels Hire! The California Hotel & Lodging Association, Hotel Association of Los Angeles, and the AHLA Foundation, will host this career fair on Tuesday, June 11th at the JW Marriott Los Angeles L.A. Live from 1:00 to 4:00 p.m. Students from local community-based hospitality training programs, community colleges, and eager local job seekers are signing up to land a rewarding offer at your hotel! This is a great opportunity for employers to make their next great hire and provides work-ready candidates the chance to embark on an incredible career journey in the hotel industry.
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Marriott To Convert Three U.S. Properties To Branded Hotels
Marriott International, Inc. announced plans to convert three luxury properties in the United States to brands within the Marriott Bonvoy portfolio. The Resort at Pelican Hill, Turtle Bay Resort, and a Midtown hotel in New York City are all expected to join Marriott Bonvoy’s luxury brands this summer. The Resort at Pelican Hill is located in Newport Beach, California, and is expected to join Marriott’s luxury portfolio on July 1. The 504-acre resort sits on the coast of Newport Beach and includes the Pelican Hill Golf Club, featuring two 18-hole golf courses with 270-degree ocean views. The Irvine Company will continue to own the property, with Marriott managing, and it is expected to be converted to a St. Regis at a later date.
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DSRT Surf Resort In Palm Desert To Premiere In 2026
Construction is officially underway on the highly anticipated DSRT Surf Resort. This 17-acre AO-designed destination in Palm Desert, Calif., developed by Beach Street Development & Operations, will be California’s first facility to offer man-made surf waves open to the public. The resort’s features include a cutting-edge surf lagoon, four-story hotel, surf center, restaurant, boardwalk, and beaches, with construction expected to be completed in the spring of 2026.
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