State Funding for EV Charging Stations available for Hotels in Silicon Valley!

SERVING THE COMMON INTERESTS OF LODGING OWNER/OPERATORS SINCE 1946

November 11, 2020

Upcoming Events

The CALeVIP program is offering up to $720,000 per commercial entity towards the procurement and installation of new Electric Vehicle Charging Stations in Silicon Valley.

Zero Impact Solutions executes this process end to end providing the design, construction, procurement and management services to hotel owners in Santa Clara and San Mateo Counties. Based on the Governor’s recent signing of an Executive order, the state of California is aiming to turn 70% of all new vehicles sold to be electric by 2025 and 100% by 2035.

To achieve this goal, the state is allocating funds to cover the equipment and installation of charging stations to qualified businesses. Terms of the program include:

Five-year platform service
Five-year extended warranty on the EV Chargers
Upgrades necessary to the transformer or switchboards which are of great benefit to the existing electrical infrastructure
The funding is dispersed though first come first served reservation system opening up on December 16^th,2020. (Funds will expire within an hour of launch

To take advantage of this generous promotion, please feel free to contact me at your earliest convenience.

Sheera Mckown

Zero Impact Solutions

sheera@zi.solutions

O: (818) 877-7542

C: (424) 401-8074

www.zi.solutions

Veterans Day Facts

by History.com Editors

Veterans Day originated as “Armistice Day” on Nov. 11, 1919, the first anniversary of the end of World War I. Congress passed a resolution in 1926 for an annual observance, and Nov. 11 became a national holiday beginning in 1938. Unlike Memorial Day, Veterans Day pays tribute to all American veterans—living or dead—but especially gives thanks to living veterans who served their country honorably during war or peacetime.

Veterans Day occurs on November 11 every year in the United States in honor of the “eleventh hour of the eleventh day of the eleventh month" of 1918 that signaled the end of World War I, known as Armistice Day.
In 1954, President Dwight D. Eisenhower officially changed the name of the holiday from Armistice Day to Veterans Day.
Great Britain, France, Australia and Canada also commemorate the veterans of World War I and World War II on or near November 11th: Canada has Remembrance Day, while Britain has Remembrance Sunday (the second Sunday of November).
In Europe, Great Britain and the Commonwealth countries it is common to observe two minutes of silence at 11 a.m. every November 11.

"Ask the Expert" Conference Call

Friday, November 13, 2020 at 1:00pm

"How to Solve Your Hotel's Financial Crisis"

Presented by Dr. Don Wise of Turnbull Capital Group

Esteemed hospitality financial expert, Dr. Wise will present finance options for distressed properties

Dial-in Instructions: (701) 802-5211

Access code: 3974252#

Tapping into the Next Normal of the Remote Workforce

by Larry Mogelonsky

With no clear end to the COVID-19 craziness, many companies are considering permanent work-from-home policies. While this may be troubling news for commercial real estate owners, there is an opportunity for hotels to capitalize upon this post-pandemic trend.

Ballot Measures Mostly Do No Harm

Calchamber

Every two years California voters face a mixed bag of ballot measures, many often hostile to business and economic development. This year was no different, and while some measures remain too close for a final call, voters seem to have done their best to minimize any harm to the economy.

Hopes of COVID-19 vaccine boost hotel firms’ shares

By Terence Baker, image by Rachel Daub

News of successful trials for a COVID-19 vaccine has boosted hotel firms’ stock prices and valuations, but hoteliers need to remain focused on cash reserves, advisors caution.

A look back at the summer for U.S. hotels

After reaching its pandemic performance lows in April, the U.S. hotel industry saw performance climb during the summer months, helped by weekend leisure travel, especially in drive-to destinations. With a post-summer slump evident in weekly data through October, we look back in time to find some brightness in the data.