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For current updates on issues impacting the hotel community follow BCHA:
BCHA Industry Update
Save the Date! - BCHA AGM
Be sure to save the date for our upcoming 2020 BCHA AGM!

Wednesday, December 2 at 2PM PST.

Keep an eye out for details and registration for the AGM next week!
Insurance Bureau of Canada: Insurance in the Hospitality Sector
On Monday, IBC hosted a roundtable on insurance challenges in the hospitality sector. The presentation and succeeding questions were helpful in shaping IBC’s continued response to the hardening commercial market.

IBC acknowledges the frustration of business owners, particularly those in the hospitality sector. Both Deloitte and the Canadian Federation of Independent Businesses presented at the roundtable. View the presentations below.
Fast Track Your Future: Financial Series
We are thrilled to announce a new series designed to drive financial recovery and resiliency. Resources are tight and teams around the province are undergoing change or are depleted due to business levels. As a result, expectations from hotel ownership groups and asset managers will demand more, expecting their leaders to be accountable, flexible, and creative. The BCHA is proud to launch the Fast Track Your Future series to offer a path to success:
 
ABOUT THE SERIES:
·Fast Track Your Future is a nine-session series starting December 1. The program is comprised of two tracks focussing on financial leadership and revenue management. The series is designed to light the fire in your leaders while still being manageable in today’s challenging environment.  
 
COURSE DESCRIPTIONS:
Track 1
·   Financial Leadership: Dec.1
·   Business Principles: Dec.15
·   Financial Statements: Jan.12
·   P&L Statement: Jan.26
·   Managing Labour & Productivity: Feb.9
·   Managing Expenses: Feb.23
Track 2
·   Using Data ( and your STAR report) to improve performance: Dec.22
·   Traveler Insights in the Time of COVID—Understanding Behavior and Expectations: Jan.19
·   The Importance of Forward-Looking Data and the New Forward STAR report: Feb.25

PRICING:
The program will qualify for the Work BC Employer Training Grant, which may cover up to 60% of the training expense. 
·   Full Series (member rate) $625+GST per hotel - unlimited participants. 
·   ​Full Series (member rate) $225+GST per individual
 
MEET THE FACILITATORS:
Financial Leadership - David Lund. 
David Lund is a hospitality financial leadership pioneer who has branded himself “The Hotel Financial Coach.” Just as any great hotel is true to their brand, so is David. His client commitment is about exceptional service. And his #1 focus is to help his clients be more prosperous as individuals or teams. 
Revenue Management – Emile Gourieux, STR.  
Emile is the Business Development Executive for Canada on behalf of STR. STR sets the standard for data intelligence and global benchmarking, allowing you to compete strategically, plan for the future, and understand your customers. 

Please click below to sign-up by November 20th. Should you have any questions, please reach out to me at membership@bcha.com. 
The BCHA will be hosting a webinar in partnership with Western Financial Group outlining the current insurance market place, the factors that drive rate, and what we are doing to try and counter this.

STR Forward Start Report Upcoming Webinar

STR will be hosting a webinar announcing the roll-out of our new (free!) Forward STAR reports and examining how this extremely actionable data will help during the coming recovery.
CHIC Digital 2020 - West & East Converge
The Western Canadian Lodging Conference and Canadian Hotel Investment Conference are merging this Fall!
This two-day event has gone 100% virtual and will debut on November 23rd and 24th to attract the nation’s hotel owners, lenders, brands, managers and suppliers in these trying times. Join us for the best of CHIC and WCLC!

While stakeholders in this hard-hit sector share many common management and financial problems, illuminating panelists will also examine regional operating and investment nuances across the country.

Our state-of-the-art virtual platform will provide access to live stream sessions with expert panelists, roundtable discussions on industry hot topics, virtual tradeshow booths with industry suppliers and 1:1 networking opportunities with senior decision makers.
TOTA's Virtual AGM & Summit
Registration is now open for the Thompson Okanagan Tourism Association (TOTA) & Cariboo Chilcotin Coast Tourism Association (CCCTA) virtual AGMs & joint virtual Summit. 
This year, the Summit is free to attend with advance registration required. We welcome donations to support the TOTA Tourism Excellence Scholarship Program, an annual award given to exemplary students most connected to current issues in the tourism industry. 

In addition, BCHA President & CEO, Ingrid Jarrett, will be presenting at this years event on stories of resiliency in the industry. Be sure to register today!
TOTA will be hosting a virtual silent auction at this years summit. Proceeds from the auction will be used for the TOTA Tourism Excellence Scholarship Program.

Benefits for businesses that donate to the auction will be:
  • Your company logo will appear on the Summit Landing Page as a Silent Auction Sponsor
  • There will be mention of your business in the closing keynote

We will require the following information no later than November 20, 2020:
  • We are requesting items as a Photo and/or Video to be displayed on the virtual summit platform through a "Silent Auction Virtual Booth" 
  • Your company logo(s) in either PNG or JPG format
  • We will need the dollar value of the item donated
  • We will also need a description of the item and any blackout dates if applicable

Attendees can place bids through the chat feature in the dedicated Virtual Booth, which will be monitored by one of us. All items for the auction will go live on Day 1 (Nov 25) for attendees to begin placing bids. Winners will be announced at the end of day 2 by closing keynote.

Thank you for offering to help with this exciting opportunity. If you require further information, please email crisismgmt@totabc.com
COVID-19 UPDATES ONLINE AT BCHA.COM