Hemant “Henry” Patel CHO CHA was born and raised in India, and he immigrated to the United States in 1986. Within a few short years, he and his wife settled in Miami, Florida, where they invested in their first property – The King Motel – an independent property on Biscayne Blvd. He also has an interest in a franchised property and another one in the pipeline.
Hemant is a very active civic leader and community servant. He served AAHOA for many years, as a regional director, as Chairman in 2011, and on countless committees. He was the first Asian-American to become president of the Greater Biscayne Chamber of Commerce in 1996. In Miami, Hemant has served on many city boards, and he is an active board member of the Upper Eastside Miami Council, a strong and vibrant neighborhood advocacy group. He served as President of “Do the Right Thing,” an association which is part of the Miami Police Department and is designed to encourage leadership and good moral behavior in Dade-County public schools. Along with Mike Patel, Hemant traveled to India with former President Bill Clinton on an earthquake relief mission. In addition, Hemant received a community service award from former Congresswoman Carrie Meek in Miami.
The coronavirus pandemic is forcing the lodging industry to rethink health and wellness. Designers such as Blanche Garcia of B. Garcia Designs see this as an opportunity for hotels to revise their messaging beyond clean and safe by introducing wellness products and programs they can market and attract guests who want to feel good during their stay and return home feeling better than when they left. Those who promote healthy buildings as well as safe travel are exploring how implementing elements of wellness can be a cure for hotel businesses struggling to survive the COVID-19 pandemic and the subsequent economic downturn. This report is part of Long Live Lodging’s ongoing coverage of the coronavirus crisis and its impact on the hotel industry.
She Has a Deal, a program that promotes women as hotel owners, last month minted several new investors through its inaugural pitch competition. Long Live Lodging examines what it took for the three women who comprise the team called Datcher to win the top prize of $50,000 in equity in a fund that would include their $27.4 million project proposed for downtown Detroit. Two additional projects proposed during the competition were selected to benefit from She Has a Deal’s first investment fund. Datcher’s winning formula as well as the other project proposals can be emulated as hotel developers and investors search for ways to fund upcoming projects that reduce investors’ risk while delivering a healthy return as the lodging industry navigates its way through the business downturn caused by the coronavirus pandemic.