Ashwin “Ash” Patel entered the lodging industry in 1992 as a resident-manager and partner of a 54-unit Econo Lodge in Flagstaff, AZ. In 2004, he started Southwest Hospitality Management, LLC, with ownership interest in hotels that have affiliations with a variety of national chains, including Marriott, La Quinta Hotels, Choice Hotels, Wyndham Worldwide Hotels, Hilton Hotels, InterContinental Hotels, and Best Western International. Headquartered in Mesa, AZ, Southwest Hospitality Management provides both third-party and distressed-hotel management services, as well as investment opportunities through syndication.
Ash served as the President of the Flagstaff Innkeepers Association from December 1999 to June 2003. In 2003, he also became a member of the Franchise Advisory Committee for Days Inns of America, which represents 2,000 hotels and franchisees within the brand.
Ash has also served in various leadership roles within the Asian American Hotel Owners Association (AAHOA). Beginning in 2003, he was elected as the Southwest Regional Director. In 2005, he was elected as an Officer and began a four-year succession to Chairman of the Board, beginning with Treasurer in 2005, Secretary in 2006, Vice Chairman in 2007, and Chairman in 2008/09. He also served as Chairman of the Government Affairs Committee and Chairman of the AAHOA PAC.
Southwest Hospitality Management Inc.
Lodging Econometrics has tracked the hotel industry since 1998. Its global database includes new-hotel pipelines as well as renovations and brand conversions. Hotel franchisers once eager to launch new brands are focused on converting existing hotels because it’s a faster way to recover revenue lost to the COVID-19 pandemic than through new construction. In Episode 346, Lodging Leaders explores the increasing number of conversions in the U.S. hotel industry and what owners and operators need to consider before repositioning an asset.
In the first few months of the COVID-19 pandemic in the U.S., financiers anticipated a swell of distressed hotel businesses. Some raised rescue funds to respond to what they thought was a pending crisis. Though there are financial rescues taking place, the level of such activity is far below what industry advisers and fund managers expected. Commercial real estate investors positioned to act in the early days of the pandemic held off and are now just beginning to unleash their cash hoards totaling billions of dollars. Episode 345 of Lodging Leaders podcast explores the state of capital investment in the hotel industry.