Jagruti has been active in AAHOA for over a decade, holding leadership positions since 2011 when first elected Female Director At Large, Eastern Division. Re-elected in 2014, she has also co-chaired the Women’s Hotelier Committee for five years and served on the Strategic Planning Committee for two years. She testified to Congress against proposed harmful labor laws. Her focus repeatedly has been getting more women, independent, and young hoteliers involved. In 2011, she received the prestigious Chairman’s Award of Excellence.
Her unique perspective about the concerns of members includes being a second-generation hotelier with “hands on” experience in all phases of management and operations. Her understanding of the marketplace is further shaped as President and CEO of Wealth Protection Strategies, an investment management firm founded in 1999.
Born in Surat, India, she lives in Pennsylvania with her husband and two children.
Jagruti is one of three candidates running for the AAHOA Secretary position in the upcoming Board of Directors election. I’m featuring interviews with all three candidates, asking each the same questions, to give the Lodging Leader listeners a sneak peak into where they stand on key issues facing our industry, and an opportunity to see a side of them you might not see elsewhere.
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.