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  • HFTP Research Report: Pre-opening Expenditures in Hospitality

    A study of the pre-opening budget; the timeline for these expenditures; timeline for onboarding of staff; and the selection, installation and training of the technology component. By Agnes DeFranco, Ed.

  • 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.

Here's Where Business Travelers Want to Stay

hotelbusiness.com·Requires Registration ·21 January 2019
Egencia, business travel from Expedia Group, has named the winners of its Top 100 Preferred Corporate Hotel awards program.

Marriott Has Trained 500,000 Workers to Recognize Human Trafficking Signs

hotelbusiness.com·Requires Registration ·18 January 2019
As of this month, Marriott International has successfully trained 500,000 hotel workers to spot the signs of human trafficking in its hotels and how to respond if they do, marking a watershed moment in the global fight against this multinational crime.

Airbnb Sees Increase in Hotels Using the Platform

hotelbusiness.com·Requires Registration ·17 January 2019
According to Airbnb, more hotels are using the platform to reach guests. Last year, Airbnb saw a 1​52​%​ increase in the number of rooms available on Airbnb in properties that hosts categorized as boutique hotels, bed and breakfasts, and other hospitality venues like hostels and resorts.

Airbnb Predicts More Than 500M Guest Arrivals By End of Q1

hotelbusiness.com·Requires Registration ·16 January 2019
By the end of the first quarter of 2019, Airbnb projects that there will have been more than 500 million guest arrivals in Airbnb listings since the company was founded in 2008, the company reports.

Moxy Plots Growth in the Southeast

hotelbusiness.com·Requires Registration ·15 January 2019
Moxy Hotels, Marriott International’s experiential hotel brand, is expanding in the Southeastern U.S. with the recent opening of Moxy Chattanooga Downtown in Tennessee and the anticipated openings of Moxy Atlanta Midtown; Moxy Memphis Downtown, Moxy Nashville Vanderbilt at Hillsboro Village, and Moxy Nashville Downtown in Tennessee; and Moxy Louisville in Kentucky. Moxy Chattanooga Downtown was the first to open in November, with the remaining openings expected to follow in 2019.

Brand USA Launches Storytelling Campaign

hotelbusiness.com·Requires Registration ·15 January 2019
Brand USA, the destination marketing organization for the United States, has launched United Stories, a mobile content creation lab that will travel the United States, capturing warm and welcoming stories told from local perspectives.

Adopt a Spirit of Hospitality for Long-Term Success

hotelbusiness.com·Requires Registration ·15 January 2019
At a young age, Larry Stuart grew to love the hospitality industry. He was shaped by experiences on the road—his father was an Italian crooner and together, as a family, they traveled well over three million miles to gigs around the U.S.

Hospitality Design Trends to Watch in 2019

hotelbusiness.com·Requires Registration ·15 January 2019
In 2018, architecture firm HKS Inc. branched out. For the hospitality sector, specifically, it was able to position itself as a multidisciplinary team of designers, architects, brand strategists, researchers and much more. As a result, more opportunities unfolded for the firm.

Lindsay Goldberg Acquires Affordable Suites of America

hotelbusiness.com·Requires Registration ·14 January 2019
Lindsay Goldberg, a private investment firm that focuses on partnering with families, founders and management teams, has acquired Affordable Suites of America Inc., an owner, operator and franchisor of extended-stay hotels in the southeastern U.S. Terms of the transaction were not disclosed.

U.S. Travel Growth to Remain Steady

hotelbusiness.com·Requires Registration · 3 January 2019
The U.S. travel market is projected to grow a healthy 5% in 2018, benefiting from positive economic performance, particularly in the first three quarters of the year.

Hotel Developments in the U.S. and Abroad

hotelbusiness.com·Requires Registration · 3 January 2019
Hotel developments are underway in the U.S. and overseas. As brands expand their portfolios from San Francisco to the Caribbean, here’s a closer look.

Caesars Entertainment Commits to Ending Human Trafficking

hotelbusiness.com·Requires Registration · 2 January 2019
Caesars Entertainment is strengthening its commitment to end human trafficking in partnership with two global organizations that lead the fight to prevent and eradicate the issue. In observance of National Human Trafficking Awareness Month, Caesars has committed to combat commercial sexual exploitation of children by signing ECPAT’s Tourism Child-Protection Code of Conduct (the code), and joined a premier consortium of hospitality leaders in the International Tourism Partnership (ITP), which provides a platform for companies to share best practices to end human trafficking.

Cornell and Marriott Launch Global Design Certificate Program

hotelbusiness.com·Requires Registration ·26 December 2018
Marriott International has teamed up with Cornell University’s School of Hotel Administration to launch the Marriott Global Design certificate, a custom corporate program centered on the Marriott approach to hotel planning and design.

Two Properties Sold in GA, One in Virginia

hotelbusiness.com·Requires Registration ·19 December 2018
Hotel Business is tracking transaction activity in the industry. Here’s a look at three recent acquisitions.

Survey: No Slowing Down for Vacation Travel

hotelbusiness.com·Requires Registration ·19 December 2018
The results of a recent Travel Leaders Group consumer travel trends survey suggest 2019 is going to be another boon year for the travel industry. More than 3,500 consumers participated in the survey and 96% indicated they intend to travel for vacation in the coming year with nearly 90% stating they will take the same or more trips in 2019. The overwhelming majority (76%) are planning at least two or more leisure trips next year with 36% indicating their travels, at least in part, involve solo trips.

Study: Payment Choices Affect Travel

hotelbusiness.com·Requires Registration ·17 December 2018
More than one third of British, American, Chinese, French and German travelers surveyed globally (36%) are unhappy about not being able to pay the way they want when booking holidays online, according to an online survey of 7,400 consumers by YouGov and ACI Worldwide, a provider of real-time electronic payment and banking solutions.

Sheraton Launches Heart for the City, an Instagrammable Consumer Experience

hotelbusiness.com·Requires Registration ·15 December 2018
Sheraton wants to take guests on an experiential journey that is at once memorable and Instagrammable.

Autograph Collection's Hotel Nia Achieves LEED Silver

hotelbusiness.com·Requires Registration ·15 December 2018
Sustainability is no longer a trend, it’s standard practice for many new-build hotel projects. Hotel Nia, a newly opened Autograph Collection property in Silicon Valley, earned the distinction as a LEED Certified Silver building.

Here's What Millennials Want From Hotels

hotelbusiness.com·Requires Registration ·15 December 2018
It’s a burning question for many hoteliers: What do today’s millennials want? The answer is threefold: Customized experiences, digital convenience and relevant information on social media.

Four Hotel Acquisitions to Watch

hotelbusiness.com·Requires Registration ·14 December 2018
Hoteliers are snapping up assets as 2018 comes to a close. Here’s a look at recent acquisitions.

Buying, Selling & Financing in the Sunshine State

hotelbusiness.com·Requires Registration ·13 December 2018
Financial transactions are happening all over Florida, from financing for the first Moxy in the state to the purchase of properties in Orlando and Jacksonville.

Report: Global Holiday Travel Increases 15%

hotelbusiness.com·Requires Registration ·13 December 2018
According to Allianz Global Assistance’s 2018 Top Holiday Destinations Report, American travel increased 15% this holiday season over last year. New York City and Cancun continue to reign as the most popular domestic and international destinations.

Transactions in Texas: Who is Buying, Selling or Refinancing?

hotelbusiness.com·Requires Registration ·12 December 2018
Hotel Business is tracking hotels being bought, sold and financed in the state of Texas.

A Healthy Partnership Brings Benefits for Guests

hotelbusiness.com·Requires Registration ·12 December 2018
A partnership between a local spa and luxury hotel here has proven to be a win-win for business and clientele. G20 Spa + Salon has entered into a deal to be the preferred vendor for The Lenox Hotel, a partnership aimed at attracting Boston leisure travelers.

Speaking the Language of Luxury, Wellness at JW Marriott Nashville

hotelbusiness.com·Requires Registration ·12 December 2018
When thinking of Music City, one might conjure up thoughts of live music in honky-tonks and down-home Southern cooking, but there’s another word—well-being. The high-end spa housed inside the recently launched JW Marriott Nashville here is ready to put its mark on the city.

An Intimate Wellness Center Unveiled at Quail Lodge & Golf Club

hotelbusiness.com·Requires Registration ·12 December 2018
To help guests relax and unwind after taking part in the property’s other activities, Quail Lodge & Golf Club recently opened a new wellness center.

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