• The Art of Pitching: Is it Overrated - or Essential?

    Pitching… that thing we force notoriously introverted geeks to do for funding. The main idea is that an entrepreneur — unless his name is Elon Musk or Tony Stark — has limited resources and needs the financial support of pockets that are substantially deeper than his own.

  • What to Expect: New Changes Coming to Lease Accounting Standards

    The upcoming revision to lease accounting standards was one of the topics discussed by the HFTP Hotel Advisory Council in their February 2018 meeting. The surprising conclusion from the council: The hotel industry in general is not prepared for the changes, and there is no viable off-the-shelf software that any of the members were aware of that would assist with the accounting for the new standard.

  • HFTP GDPR Guidelines: Hospitality Organization Flow Charts

    This document is a set of flow charts illustrating data flow scenarios, involved parties providing hospitality services, steps of the guest journey and more. Four scenarios are presented: independent hotel, independent hotel with third party agreement, branded hotel and branded hotel with independent control.

  • Job Description Template: Club Accounting Positions

    The HFTP Americas Research Center has developed example job descriptions for club accounting positions. The process involved reviewing sample job descriptions, and compiling the information into standardized job descriptions.

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Going For Guest Satisfaction

Hotel Interactive ·25 April 2018
The continued evolution of loyalty programs, food & beverage, technology platforms and social media within the hospitality ranks were all addressed during the opening panel discussion at BITAC®: Tech, Sales & Operations earlier this week.
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Choice Hotels To Develop Clarion Hotel In Columbia, PA

Hotel Interactive ·25 April 2018
Choice Hotels, one of the world's largest hotel companies, signed an agreement with Cimarron Investments, LLC to develop a unique, new Clarion Hotel in downtown Columbia, Pa. The multiple-story, 60-room property is an adaptive reuse of the town’s historic potato chip factory, preserving much of its original structure.
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Buying Into Boutiques

Hotel Interactive ·24 April 2018
Miami Beach and South Beach each have gained fame primarily from two things: Parties that begin late at night and end early in the morning; and the historic Art Deco hotels that line Ocean and Collins Avenues. No Miami hotel ownership group marries the exuberance and history of South Beach better than Victor Hotels, which owns four hotels along Ocean Ave. (Hotel Breakwater, Hotel Ocean, Victor Hotel and The Villa Casa Casuarina), the ultra-luxury Setai hotel a few blocks north on Collins Ave. and Casa Victoria Orchid in the Española neighborhood of Miami Beach.
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Extended Stay America Hotels Launches New MyESA Associate Engagement App

Hotel Interactive ·24 April 2018
Extended Stay America (STAY), the largest integrated hotel owner/operator in North America, recently debuted its new MyESA mobile app for associates. Optional for team members, the MyESA app is designed to strengthen the hotel’s relationship with its associates via a mobile device that features engaging content and reward opportunities. The new app allows Extended Stay America to share information immediately with over 8,500 associates spread across more than 620 hotel locations throughout the U.S.

Do SEM/SEO Matter For Hotels Anymore?

Hotel Interactive ·20 April 2018
Have you performed a ‘vanity search’ of one of your own branded terms and secretly yearned to appear right at the top in both the paid and organic search results on Google? I am sure that this is the dream of every hotelier on earth. Somehow, there would be a magic potion or genius company that could drive us to the top of the listings for both the lower funnel (branded terms) as well the top of funnel (broader travel terms). Deep down, though, we all know that this is pretty much impossible while Google (traded under its parent company’s name, Alphabet) is showing record profits and commensurate share prices.
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Charlestowne Hotels To Manage First Hotel Indigo Property

Hotel Interactive ·19 April 2018
Charlestowne Hotels proudly welcomes Hotel Indigo Tuscaloosa as the newest addition to the company’s rapidly expanding portfolio. Boasting riverfront views, a rooftop lounge, and close proximity to the University of Alabama, The Indigo Tuscaloosa has, in its first year, made a significant impact in the market as the city’s newest boutique hotel with wide acceptance and support of the municipality and University.
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Driving Success

Hotel Interactive ·18 April 2018
Twenty Four Seven Hotels recently added the Holiday Inn Ontario Airport to its portfolio, becoming the sixth hotel in the Canadian city that the company manages but the hotel is also significant because it is being incorporated into the company’s ongoing Uber initiative.

No End In Sight

Hotel Interactive ·17 April 2018
Driven by strong levels of demand, which are at least in part attributable to a robust economy, two leading hospitality research firms recently revealed that 2018 is shaping up to be another solid year for the U.S. lodging industry. Presenting during the recent AAHOA conference in Washington, DC, Mark Woodworth, senior managing director, CBRE Hotels’ Americas Research, and Vail Ross, SVP, global business development & marketing, STR, both painted a positive picture for U.S. hotels for the foreseeable future.
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Hotel Equities Selected To Operate New Fairfield Inn & Suites By Marriott(r) Toronto East

Hotel Interactive ·12 April 2018
Hotel Equities announced its selection as the management firm for a new-build Fairfield Inn & Suites by Marriott-Toronto East located in Ajax, Ontario. Owned by Attica Hotels Ltd. and developed by Suncity Development Ltd. of Toronto, ON. The 120-room property is scheduled to break ground July 2018.
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Decade Of Driving Growth

Hotel Interactive ·12 April 2018
Cobblestone Hotels marked its first decade by celebrating the milestone at its annual conference last month while at the same time announcing a key internal promotion and aggressive growth plans going forward.

The Direct Connection Between Technology, Guest Satisfaction And Revenues

Hotel Interactive ·11 April 2018
We all know that happy guests will inevitably translate into higher occupancies, the ability to grow rate, more asset value and quite a few other monetary advantages. While we can talk to no end about physical and operational upgrades that contribute to this goal, perhaps none is more impactful than having motivated and attentive associates servicing your customers. After all, this is a people business, so your guests’ experiential satisfaction will ultimately be influenced by the happiness of your very own employees.
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Celebrating A Golden Jubilee

Hotel Interactive · 6 April 2018
Celebrating its 50th anniversary this year, Preferred Hotels & Resorts proudly claims to be the world’s largest independent hotel brand representing more than 675 properties and small hotel groups across 85 countries. But Preferred announced more than just its semi-centennial in January as the Newport Beach, CA-based firm released its year-end results for 2017 when reservation revenues generated on members’ behalf totaled $1.35 billion, an increase of 22 percent over the year prior.

Curio Collection by Hilton Debuts In City Of Love With First Hotel In Paris

Hotel Interactive · 6 April 2018
Hilton (NYSE:HLT) announced the opening of Niepce Paris Hotel, Curio Collection by Hilton today. The hotel was hand-picked to be a part of the exclusive collection of one-of-a-kind, independent hotels and resorts all celebrated for their individuality. The hotel joins 50 upper upscale Curio Collection by Hilton properties around the world. Located in the heart of the artistic district of Montparnasse, Niepce Paris Hotel offers guests close proximity to unexpected treasures, whilst being in one of the most sought-after capitals in the world. Guests can delve into Montparnasse’s rich art and culture at the Cartier Foundation for Contemporary Art or beat the Eiffel Tower crowd with panoramic views of Paris from the Montparnasse Tower. The hotel is also ideally located a few metres from Montparnasse train station, giving guests easy access to visit historical monuments, museums and delicious cuisine the city has to offer.
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How Do You Define Modern Luxury?

Hotel Interactive · 5 April 2018
How many times have you heard the word ‘luxury’ in a hotel description? It seems to be one of the most abused words in the hoteliers’ dictionary! I’ve seen many hotels claim to be luxurious, when at most they are just slightly better than average.
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An Inside Look At Legislation

Hotel Interactive · 4 April 2018
Key legislative issues impacting the lodging industry were much of the focus at last week’s AAHOA conference and a handful of influential executives addressed a number of hot topics, including tax reform, the upcoming mid-term elections, and the controversial definition of a joint employer.

The Upside Of Turndown

Hotel Interactive · 3 April 2018
One of the constants of hotel guestroom service over the years has been nightly turndown service. For a guest who has been out all day at a business meeting, theme park or ski slope, returning to a clean room with fresh linens and a bed with a tucked-down corner and puffed-up pillows is refreshing—and something they could remember when considering a return stay.

Black Fox Lodge to Join Hilton's Tapestry Collection

Hotel Interactive · 3 April 2018
This summer, Black Fox Lodge in Pigeon Forge, Tenn. will join Tapestry Collection by Hilton, a portfolio of vibrant, upscale hotels that offer travelers independent lodging experiences combined with value and reliability. The 178-room property will remain open to the public as minor renovations are completed and expects to officially open as a branded Tapestry property by August 2018. Anticipated as the tenth addition to the Tapestry Collection, the 3.5-acre Black Fox Lodge features 1,000 feet of riverfront property along the Little Pigeon River with a 5,000-square-foot full-service bar and restaurant on the property.

New Ocean Resort Casino In Atlantic City To Join The Unbound Collection by Hyatt Brand

Hotel Interactive · 3 April 2018
Hyatt Hotels Corporation (NYSE: H) and AC Ocean Walk today announced that a Hyatt affiliate has entered into a franchise agreement with AC Ocean Walk for the 1,399-room Ocean Resort Casino located at 500 Boardwalk, Atlantic City, NJ. The $3 billion landmark property, which was recently acquired by AC Ocean Walk, will join The Unbound Collection by Hyatt brand, Hyatt’s growing collection of unique and independent stay experiences. The resort will be situated on 20 acres on the famed Atlantic City Boardwalk, and at 710 feet and 60 stories tall, will be the tallest structure in Atlantic City. It is expected to open in summer 2018 and will be operated by AC Ocean Walk.
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Midas Hospitality Creates New Sister Company

Hotel Interactive · 2 April 2018
Midas Hospitality, a premier hotel management group, recently created a sister company called Midas Capital. The company’s new office, which is located at 63 Wall St. in New York, will be led by Director of Investments Josh Burrell. Director of Investments Eric Goettelmann will head the St. Louis office, which is located at 1804 Borman Circle in St. Louis and is the headquarters of Midas Hospitality.

Coming Full Circle

Hotel Interactive ·27 March 2018
Omni Hotel Veteran Strebel Takes The Reins Of The Luxury. Having worked in a wide variety of positions in his some 25years with Omni Hotels & Resorts, hospitality veteran Peter Strebel is poised to put much, if not all, of that experience to use as the company’s newly named president. Strebel took over the post in mid-March and reports directly to Blake Rowling, president of TRT Holdings, Inc., parent company of Omni. Former Omni CEO Jim Caldwell, who is now EVP of TRT Holdings, Inc., had assumed the role overseeing Omni on an interim basis following the departure of former president Mike Deitemeyer early last year.
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Taking On Human Trafficking

Hotel Interactive ·26 March 2018
Statisticians estimate that there are as many as 25 million human trafficking victims around the world. Human trafficking is defined as the sale of humans for the purpose of forced labor or sexual exploitation. Sadly, the problem is expansive and growing. Human trafficking is the second most lucrative criminal activity in the world (the illicit drug trade being the first), bringing in an estimated $150 billion in profits annually for traffickers, according to the International Labor Organization.

February 2018: Profit Growth Returns For Hotels In The U.S.

Hotel Interactive ·26 March 2018
After a somewhat shaky start to the year, hotels in the U.S. recorded a robust 4.4 percent increase in profit per room in February, which was fuelled by year-on-year growth in revenue from the leisure segment, according to the latest worldwide poll of full-service hotels from HotStats. The punchy increase in profit per room recorded at hotels in the U.S. this month, which grew to $95.99, was equivalent to a profit conversion of 36.8 percent of total revenue; and was driven by a 3.6 percent year-on-year increase in TrevPAR to $261.04.

Hilton Garden Inn Continues Rapid Global Growth With Four New Hotel Openings

Hotel Interactive ·22 March 2018
Hilton Garden Inn, the award-winning, upscale brand from Hilton (NYSE: HLT) known for its inviting atmosphere with warm service, announces another month of robust growth. Continuing its steady progression, the brand opened four new hotels – from the U.S. to Russia to Germany – featuring enhanced food and beverage offerings, modern and contemporary designs, and the brand’s hallmark bright and airy décor.

Crossing The Border

Hotel Interactive ·14 March 2018
With a sizable portfolio of properties already assembled in the U.S., Hotel Equities is targeting international locations—specifically north of the border—as the next area of opportunity for the company to grow its distribution. The Atlanta-based owner/operator and developer made its initial foray into Canada last month assuming the management of two Marriott-branded hotels in Edmonton, Alberta. Armed with a proven track record of operating for the major brands in the U.S., Joe Reardon, SVP, business development and marketing, Hotel Equities, explained why the company identified potential in Canada.
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A Healthy Alternative

Hotel Interactive ·12 March 2018
Harris Rosen has spent his entire adult life fighting what are perceived to be establishment norms and the status quo. In a way, Rosen, president and COO of Orlando-based Rosen Hotels & Resorts, is a more successful version of the Tom Joad character in John Steinbeck’s classic novel, “The Grapes of Wrath.’’
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Making Luxury More Attainable

Hotel Interactive · 9 March 2018
The importance of collaboration, curated art collections and creating a good flow were cited by leading design executives as being among the most important elements needed to make a luxury hotel project successful. The executives shared their insights during a panel discussion entitled “Trading Up: Making Luxury More Attainable,” which took place at the recent BITAC® Luxury event in Austin, TX.

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