July 21, 2021
Travel Industry Rebounds
by Dominic Bencivenga, Chief Worldwide Sales Officer, Travel
We recently had a conversation with Mike Deitemeyer, President & CEO of Aimbridge Hospitality. Mike is a long-time friend and a member of the Active Travel Advisory Board.
Read below to see Mike's on-going vision for Aimbridge and the Hospitality Business:
“As the industry rebounds, we have shifted our focus from growing occupancy to maximizing ADR and corresponding profit for our hotel owners. Domestic market recovery is being led by leisure demand in the short term, in addition to smaller groups, youth sports, and events with pent up demand for weddings and other celebrations that were postponed last year. Certainly, we are laser focused on the return of corporate travel this fall. Full recovery in major gateway markets depends on the return of inbound international travel, and recovery to 2019 levels for the large scale, city-wide conventions will happen on the back-end of this rebound.”
About Mike Deitemeyer
Michael J. Deitemeyer is President & CEO of Aimbridge Hospitality, leading the Company’s growth, operations, and corporate disciplines worldwide with a current hotel portfolio of over 1,550 properties in 21 countries.
Deitemeyer was Global President of Aimbridge following a merger with Interstate Hotels & Resorts in October 2019. Prior to that, he was President & CEO of Interstate Hotels & Resorts for nearly three years. Deitemeyer had a highly successful tenure with Omni Hotels & Resorts including 13 years as President, helping to grow Omni’s organization through management roles in operations, development, sales, and finance.
Deitemeyer holds board memberships with AHLA and its Executive Committee (2014-present), AHLEF (2018-present), and MINA, representing the company as an At-Large Board Member of Marriott International’s franchise advisory board (2018-present). He was a founding board member and served as chairperson of the Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands. In December 2018, Lodging magazine named him Person of the Year. Deitemeyer is a graduate of Fitchburg State University, where he also received an honorary Doctorate of Humane Letters.