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  • New Global Directors Join the 2018-2019 HFTP Board

    The HFTP 2018-2019 Global Board of Directors was installed during the association's 2018 Annual Convention and introduces new directors Toni Bau, Carson Booth, CHTP and Mark Fancourt. These extensive director profiles give insight into the distinguished professions and personal goals of HFTP's newest association leaders.

  • Letter from the HFTP Global President: At the End of the Year, We Reflect on the Best of the Year

    As we prepare to transition to the new HFTP Global board at the 2018 Annual Convention in October, I would like to take the time to reflect on my year serving as HFTP Global president.

  • Members Only: 2018 HFTP Compensation and Benefits Report

    By Tanya Venegas, MBA, MHM, CHIA. Results to the biannual survey conducted by Hospitality Financial and Technology Professionals (HFTP). Information includes data on compensation and benefits trends for finance and technology professionals in the club and lodging industries.

  • IT Spending in the Lodging Industry Three-year Analysis: 2015–2017

    By Agnes DeFranco, Ed.D., CHAE; Arlene Ramirez, CHE, CHAE; and Tanya Venegas, MBA, MHM, CHIA. PART II: An analysis of IT spending data in the lodging industry based on reporting in the new USALI Schedule 6 — Information and Telecommunications Systems.

Elevated Experience?

Hotel Interactive ·19 November 2018
HX: The Hotel Experience is in the midst of a metamorphosis. The 2018 event was truncated into a two-day event following Hospitality Management Group’s (HMG) acquisition of the show from its former co-owners, the American Hotel & Lodging Association, the Hotel Association of New York City and the New York State Hospitality and Tourism Association last year when the latter three organizations were simultaneously bought out of the accompanying industry show, Boutique Design New York (BDNY) by HMG, a division of ST Media Group.

Acquisition Financing Secured For Holiday Inn Fisherman's Wharf San Francisco

Hotel Interactive ·19 November 2018
Invesco Real Estate, a global real estate investment manager, and JLL’s Hotels & Hospitality group announced the closing of an acquisition and renovation loan for the buyer of the Holiday Inn Fisherman’s Wharf San Francisco. The 243-key hotel is located in San Francisco’s Fisherman’s Wharf submarket and will be repositioned as a Kimpton-branded luxury boutique hotel.

Delta Hotels Chesapeake Norfolk Completes Top-To-Bottom Renovation

Hotel Interactive ·16 November 2018
Delta Hotels Chesapeake Norfolk has concluded a total renovation, featuring contemporary design elements and stylish new features. Redefining modern comfort, the new design includes reimagined rooms and suites, showcasing expansive floor plans, along with chic decor and ultra-plush bedding. Every room also includes well-lit, movable smart desks, mini-refrigerators, and safes along with complimentary high-speed wireless internet. For our Platinum Rewards Members, Delta Chesapeake Norfolk features a 24/7 Pantry offering healthy snacks, beverages and expresso.

Taking On Seasonal Transitions

Hotel Interactive ·15 November 2018
While many travelers and hotels are gearing up for winter, it wasn’t too long ago when the fall season began. Of course, fall is the time when leaves turn and kids go back to school. For hotels and resorts, particularly those in mountain states and Northern states, fall is moving season—the time when it’s important for properties to seamlessly transition operations from summer to winter.

Margaritaville Holdings And Premier Development Group Sign Agreement For New Destination Resort

Hotel Interactive ·14 November 2018
Margaritaville Holdings and Premier Development Group today announced that they have entered into a partnership to develop a new destination resort on the sugar sand beaches of Florida’s Emerald Coast. Sprawling more than 13 acres in Panama City Beach, the new Margaritaville Beach Resort will feature a full-service hotel, innovative amenity park, function space, several signature Margaritaville food and beverage concepts, retail, residential properties for sale and more. The resort is expected to begin a phased opening in Spring 2021.

Radisson Hospitality, Inc. Issues Statement Following Completion Of Acquisition By Jin Jiang International Holdings Co., Ltd.

Hotel Interactive ·13 November 2018
Today, a consortium led by Jin Jiang International Holdings Co., Ltd (Jin Jiang International) announced that it has completed the acquisition of Radisson Hospitality, Inc.

NewcrestImage Expands Into Third-Party Hotel Management With First Contract

Hotel Interactive ·13 November 2018
NewcrestImage has been awarded a third-party management contract for the 163-room Holiday Express Inn & Suites at Dallas-Fort Worth (DFW) Airport North, effective immediately.

The Pathway To Profitability

Hotel Interactive · 8 November 2018
Profitability remains one of, if not the most important, metrics for many hoteliers and as such several executives discussed some of the more critical factors currently driving bottom-line results at the BITAC® Owners event earlier this week in Cancun, Mexico.

Best Western Hotels & Resorts Announces Impressive Addition To Its BW Premier Collection

Hotel Interactive · 8 November 2018
Best Western Hotels & Resorts announced the newest addition to its luxurious collection of BW Premier Collection by Best Western hotels, with the opening of the newly renovated Prestige Radium Hot Springs Resort in Radium Hot Springs, British Columbia. Located at 7493 Main Street, the hotel features 70 guestrooms and 17 suites and is owned by Joe Huber with Prestige Hotels and Resorts.

Choice Hotels Launches Book On Google

Hotel Interactive · 8 November 2018
Choice Hotels International, Inc. (NYSE: CHH) is making booking a hotel room directly at its hotel brand properties easier than ever. By enabling Book on Google, Choice Hotels has made it possible for travelers to seamlessly search, select, and reserve hotel rooms at Choice properties. In a few clicks, Choice Hotels’ customers can now complete a reservation online on Google using their saved Google credentials.

The Changing Customer Experience

Hotel Interactive · 7 November 2018
The annual BITAC® Owners event got started earlier this week with a keynote address that emphasized the importance of branding and enhancing the customer experience.

AAHOA And Businesses Ending Slavery And Trafficking Launch New Online Human Trafficking Training

Hotel Interactive · 6 November 2018
AAHOA, the largest hotel owners association in the world, and Businesses Endling Slavery and Trafficking (BEST), a nationwide leader in trafficking prevention education, announced the launch of a new human trafficking awareness training. The training, which is accessible to AAHOA members through the AAHOA website, is the latest step in an expanded partnership the two organizations announced earlier this year.

SureStay Plus Hotel by Best Western Lompoc Invites Travelers To Be Sure About Their Stay

Hotel Interactive · 5 November 2018
The SureStay Plus Hotel by Best Western Lompoc has opened its doors in Lompoc, California., and is inviting travelers to experience one of the fastest growing hotel brands in the industry – the SureStay Hotel Group®.

Stronger Business Travel Leads To Profit-Per-Room Bounce In September

Hotel Interactive · 5 November 2018
A bump in corporate travel at the end of the third quarter proved enough to boost GOPPAR and serve as a harbinger of continued strength in the hotel industry as it moves into the fourth quarter. Profit per room at hotels in the U.S. in September was more than $20 above the GOPPAR recorded in August, according to the latest data tracking full-service hotels from HotStats.

Vision Hospitality Group To Introduce New Division Entitled Humanist

Hotel Interactive · 2 November 2018
Vision Hospitality Group unveiled plans for its newest boutique hospitality brand, Kinley. Providing a contemporary approach to the hotel experience that is both warm and effortless, Kinley will be part of the overarching company’s new Humanist lifestyle portfolio, debuting in Cincinnati in late 2019, followed by Chattanooga, Tennessee in 2020. Humanist will also be comprised of The Grady Hotel, set to open next year in downtown Louisville, Kentucky, in additional to other lifestyle properties.

PMZ Realty Capital Arranges $20 Million Financing For Two IHG Properties

Hotel Interactive · 1 November 2018
PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, announced today the closing of two loans totaling $20 million for two IHG Properties located in Suburban Detroit and Suburban Philadelphia.

Making Special 'Accommodations

Hotel Interactive ·31 October 2018
For most adults, memories of childhood vacations are among the best things about growing older. Alice Horn vividly remembers her family childhood vacations.

Hotel RL Debuts One-Of-A-Kind Guest Experience Through Apple TV

Hotel Interactive ·30 October 2018
RLH Corporation (NYSE:RLH) announced today the debut of its integrated Apple TV solution at Hotel RL, creating a central hub for hotel guests. Moving beyond just providing cable television, the new solution provides enhanced digital experiences such as: ordering from the hotel restaurant, streaming content, interacting with concierge services, and finding locally-curated recommendations. The Apple TV solution connects Hotel RL guests to the hotel and the city they are visiting.

Choice Hotels Strikes Agreement With Brookwood Hotels To Develop More Than 20 WoodSpring Suites Properties

Hotel Interactive ·30 October 2018
Choice Hotels International, Inc. (NYSE: CHH) signed an agreement with Brookwood Hotels to develop more than 20 new WoodSpring Suites hotels over the next few years. The brand now has more than 130 hotels in the pipeline and more than 245 are open.

Des Moines Marriott Downtown Unveils Total Transformation

Hotel Interactive ·29 October 2018
A bold extension of the hotel’s pride, character and vision, the Des Moines Marriott Downtown is proud to announce the completion of its expansive renovation project. Symbolic of Iowa’s Midwestern roots, the renovation celebrates the region’s history and innovative future with a design that reflects the rich patchwork of Iowa’s farming identity through locally handcrafted artistry.

What's Driving Today's Design Direction?

Hotel Interactive ·24 October 2018
The trend toward incorporating local elements, the importance of creating communal spaces and the increasing role of social media were just a few of the topics of discussion among key designers at BITAC® Purchasing & Design West.

Steely Resolve

Hotel Interactive ·22 October 2018
Once the gritty hub of the steel industry, Pittsburgh has been experiencing a rebirth. Thanks to a dramatic environmental transformation and a tech boom, Pittsburgh is now widely considered one of the country’s most livable cities.
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Two Roads Hospitality Premieres Alexa For Hospitality At Motif Seattle

Hotel Interactive ·22 October 2018
International lifestyle company Two Roads Hospitality is pleased to announce it’s teaming up with Amazon and Volara to integrate Amazon’s new Alexa for Hospitality experience into guest rooms across its portfolio of brands. The 319-room Motif Seattle, A Destination Hotel, is the first Two Roads property to introduce a voice-first experience with Alexa in all guest rooms, also marking it one of the largest single-property deployment of Echo devices using natural language intent, with fifteen hotels slated to deploy Alexa for Hospitality in 2019.

Mag Mile Capital Finances $32.06 Million For Three Hotel Properties

Hotel Interactive ·22 October 2018
Mag Mile Capital is pleased to announce the firm has arranged financing for three hotel properties including a Holiday Inn Express in South Carolina, a Hampton Inn & Suites in California, and a IHG Select Service Hotel also in California. The loans were originated by Associate Vice President Suraj Desai and serviced and closed by Ian Carlos, Mac Dobson and Heather Madsen, respectively.

Opryland Premium Select Service Portfolio Transacted By The Plasencia Group

Hotel Interactive ·22 October 2018
The Plasencia Group, a leading, privately-owned hospitality investment advisory firm, is pleased to announce the sale of the Fairfield Inn & Suites and Courtyard Nashville at Opryland hotels, located in Nashville, Tennessee, together comprising 203 rooms.

HREC Arranges Sale Of TownePlace Suites Chandler, AZ

Hotel Interactive ·19 October 2018
HREC Investment Advisors is pleased to announce it has arranged the sale of the 109-suite TownePlace Suites located in Chandler, Arizona. Peachtree Hotel Group has acquired the property. Peachtree Hotel Group operates, develops and invests in premium-branded, select- and limited-service and extended-stay hotel assets under the Marriott, Hilton, Hyatt, Choice and InterContinental Hotels Group flags. Peachtree’s current portfolio is comprised of 95 hotel assets totaling 11,849 rooms, including 39 real estate assets and 56 notes.

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