advertisement
  • Value Added Tax in the GCC

    Details on the new VAT established in the region covered by the GCC, including implementation best practices and documentation requirements. By Tanya Venegas, MBA, MHM, CHIA

  • Members Only: A Room for Robots in Hospitality

    Realistic uses for artificial intelligence are increasing, making way for machine-based assistance in accounting, marketing, customer service and more. This feature details current scenarios where robotics is used in the business environment, such as for accounting tasks.

  • Letter from the HFTP Global President: A New Year Equals New Possibilities

    Written By: Timothy G. Nauss, CHAE - We are officially in the year 2018. Now is the ideal time to reflect on the successes of the old year, and prepare to make this new year the best one ever. Just as we set goals for ourselves to make us healthier, happier and more successful, HFTP as an organization sets goals each year to better meet the needs of our members and the hospitality industry.

  • GDPR in Hospitality: Vendor Compliance Query Template Available to Industry

    As a professional association, Hospitality Financial and Technology Professionals (HFTP®) created a group of hospitality industry experts to develop hospitality-specific guidelines to assist with preparation for General Data Protection Regulation (GDPR) compliance.

commercial

Write Your Way In: Become an Official HFTP Event Guest Blogger

HFTP Connect·17 January 2018
Would you like to join us at one of HFTP’s major events coming up this year and take advantage of its valuable education and networking opportunities — registration complimentary of HFTP®? Do you have a penchant for writing and an interest in sharing your experiences? We invite you to become a guest blogger for one of these events in 2018: the brand-new Club Summit, HITEC® Amsterdam, HITEC® Houston, or the Club Hotel & Controllers Conference.
commercial

Readers Beware: 'Let Me Tell You About a Great Opportunity'

HFTP Connect·12 January 2018
As chief operations officer for HFTP, I am tasked with responding to inquiries from our stakeholders, in regards to the validity of solicitations they receive that contain HFTP’s name or event names. During my tenure here, these inquiries have become more frequent over time. While they used to trickle in occasionally right before a big event, now they seem to arrive on an almost-weekly basis.

Letter from the HFTP Global President: A New Year Equals New Possibilities

HFTP Connect· 8 January 2018
Written By: Timothy G. Nauss, CHAE - We are officially in the year 2018. Now is the ideal time to reflect on the successes of the old year, and prepare to make this new year the best one ever. Just as we set goals for ourselves to make us healthier, happier and more successful, HFTP as an organization sets goals each year to better meet the needs of our members and the hospitality industry. As president of HFTP, I am very enthusiastic about all of the possibilities for continued growth and productivity in 2018.
commercial

GDPR in Hospitality: Vendor Compliance Query Template Available to Industry

HFTP Connect· 3 January 2018
As a professional association, Hospitality Financial and Technology Professionals (HFTP®) created a group of hospitality industry experts to develop hospitality-specific guidelines to assist with preparation for General Data Protection Regulation (GDPR) compliance. The HFTP Hospitality DPO/GDPR Task Force and its members have been working on industry awareness along with tools and resources for the industry.

Vacation Time: You've Earned It, So Why Not Take It?

HFTP Connect·19 December 2017
When was the last time you took a vacation? Let me rephrase that. When was the last time you took a vacation without thinking about work or checking work emails? I would not be surprised if some of you answered, “Never.” - By Sunny Wang

Club Management Around the World

HFTP Connect·30 November 2017
Golf is truly a global game, which continues to grow in popularity. Most people recognize Scotland as the birthplace of golf, but there are arguments that the origin of golf can actually be traced back to China around 943 A.D. Scholars have found records and paintings of a game called Chuiwan, in which players hit a small ball into a hole using a bent stick. It is thought that Mongolian travelers brought the game to Europe and Scotland in the Middle Ages, where its popularity grew exponentially. The game even became so popular that King James II, the King of Scotland, passed an act banning golf so that young men would practice archery to help defend their country from attack, rather than play golf.

Does Flexible Working Lead to Better Productivity?

HFTP Connect·14 November 2017
Love it or hate it, I am pretty sure you have heard of the concept of “flexible working.” Ever since people first realized they do not have to work like a machine, screwing in everything that is shaped like a hexagon much like in the Charlie Chaplin movie “Modern Times,” the fight for a better work arrangement has been nonstop. Especially in recent decades, the astonishing advance of technology has opened up the door to a new world where employees have some say over when, where and how they work. Flexible working comes in numerous forms, including part-time work, remote work and reduced hours.
commercial

HFTP Meets HOSPA in London at HOSPACE 2017

HFTP Connect·10 November 2017
HOSPACE 2017, Hospitality Finance, Revenue and IT Professionals’ (HOSPA) Annual Conference and Exhibition, was held at a new venue in central London on November 2 of this year — the newly refurbished Lancaster London — and so an interestingly new experience for this author (who used to run this event for 10 years) right from the very front entrance.

How to Write a Good Job Description

HFTP Connect· 9 November 2017
Remember when Rupert Holmes asked the famous musical question, “Do you like piña coladas, and getting caught in the rain?” The songwriter was trying to attract the right kind of person with the tone of their personal ad. The same idea holds true when you are writing a job description for your company. You want to attract the right kind of person to your company and give them a reasonable idea of what to expect from the job. With the high cost of attracting and retaining top talent, a good job description for managerial positions is not only the first step in the recruiting process, but an important tool in retaining the talent you have within your organization. A good management job description will give your team members goals to strive for and help them accept new managers.

Carson Booth Earns Prestigious 2017 President's Award

HFTP Connect· 7 November 2017
Carson Booth, CHTP’s invaluable contributions as chair of the HITEC Amsterdam Advisory Council and the overwhelming success of the inaugural HITEC® Amsterdam that took place earlier this year earned him the distinguished 2017 President’s Award. The annual HFTP President’s Award is an honor selected and presented by the outgoing HFTP Global president and recognizes a person who has made a significant contribution to the success of the association through the course of the year. This year, 2016-2017 HFTP Global President Lyle Worthington, CHTP bestowed the honor to Booth.

HFTP Helps Contributes Sizeable Donation to Camp Boggy Creek

HFTP Connect· 6 November 2017
Less than two weeks ago, HFTP and its stakeholders came together for HFTP Helps to raise $9,500 for the life-changing organization Camp Boggy Creek. This was done as part of the HFTP Helps program, now in its third year, which puts focus on a charity in the surrounding area of the HFTP Annual Convention host city. The 2017 HFTP Annual Convention was October 25-29 at the Omni Orlando Resort, Championsgate (Orlando, Florida area), in the vicinity of Camp Boggy Creek.
commercial

Commitment to Success

HFTP Connect· 3 November 2017
When reflecting upon this year’s HFTP Annual Convention, it occurs to me that all the professionals I met had a high level of commitment to furthering their careers and professions. Executing an event for discerning professionals isn’t an easy task, but one that was expertly delivered by our association.
commercial

Ready to Go- Takeaways from Annual Convention #HFTP65

HFTP Connect· 2 November 2017
Day three of the Annual Convention (Friday, October 27) started with an inspirational keynote session held by Steve McClatchy called Decide: Work Smarter, Reduce Your Stress and Lead by Example. It was followed by HFTP’s Annual Business Meeting which informed members on HFTP activities and accomplishments from the past year, including financials, operations and more. The day continued with education sessions and ended with the HFTP Annual Tribute to Success (formerly known as the President’s Evening).

Camaraderie, Credibility and Credits

HFTP Connect·30 October 2017
Written By: Beth Hawks. As a first-time attendee of the HFTP Annual Convention, I came to Orlando , Florida, interested in what my fellow attendees were trying to get from the event – in addition to the CPE credits. I’ve long known that this professional group is wildly supportive of each other, eager to share tips and best practices that impact the bottom line and guest experience.
commercial

Pick Up and Earn as You Go #HFTP65

HFTP Connect·27 October 2017
Day two, Thursday, October 26, and the fears and uncertainties of a first-time attendee have stayed behind. I am in the middle of my deep dive, full of energy and enthusiasm constantly refilled throughout the Annual Convention’s sophisticated events – starting with various educational sessions, keynote sessions, table top exhibits and breaks, and ending with tremendous networking and linked opportunities.

Learn as You Go #HFTP65

HFTP Connect·26 October 2017
I would like to start by linking this blog post to my pre-arrival blog post dated from last week on October 18: Dive in and Discover at the 2017 Annual Convention. I named this post “Learn as You Go,” since the experience is entirely so for the first-time attendee. At arrival check-in on October 24 at the Omni Orlando Resort at ChampionsGate in Florida, USA, I asked the front office attendant about the convention, and the assigned meeting rooms/venues. I was pleased to listen to exact guidance as to where I would have to go to find pre-arrival registration.
commercial

Blast from our Past Presidents: '90s Edition

HFTP Connect·25 October 2017
This year, HFTP is excited to celebrate 65 years! In commemoration of our milestone anniversary and rich history, we decided to share memorable stories given to us from our past presidents who served in the 1990s. These anecdotes reveal some of their ground-breaking achievements, the valuable lessons they learned, and the ventures they led more than 20 years ago.
commercial

Blast from our Past Presidents: '80s Edition

HFTP Connect·25 October 2017
This year, HFTP is excited to celebrate 65 years! In commemoration of our milestone anniversary and rich history, we decided to share memorable stories given to us from our past presidents who served in the 1980s. These anecdotes reveal some of the obstacles they prevailed over, people they drew inspiration from, and goals they achieved more than 30 years ago.
commercial

Strategy for Success: HFTP Annual Convention

HFTP Connect·23 October 2017
If you are like me, you are thankful to be part of a supportive, professional industry with ample room to learn and grow. We are in a time in the history of hospitality when technological advancements are changing the industry at a swift pace. It seems that the next new thing to learn is launched daily.
commercial

Blast from our Past Presidents: '70s Edition

HFTP Connect·20 October 2017
This year, HFTP is excited to celebrate 65 years! In commemoration of our milestone anniversary and rich history, we decided to share memorable stories given to us from our past presidents who served in the 1970s. These anecdotes reveal some of the challenges the association faced during that time, the changes they inspired, and the new trails they blazed more than 40 years ago.
commercial

Dive in and Discover at the 2017 Annual Convention

HFTP Connect·18 October 2017
As a first-time participant to the HFTP Annual Convention (possibly the first from the Middle East area), I will be looking for all of the insights the event will provide during its three-day agenda later this month. I believe this convention will be the best of its kind (those of an educational and informative nature) and provide tremendous networking opportunities.
commercial

Introducing our Guest Bloggers for Annual Convention

HFTP Connect·10 October 2017
We have selected our guest bloggers for the 2017 Annual Convention, and they are ready to begin sharing their stories and event experiences with you. The convention will take place October 25-27 at the Omni Orlando Resort at ChampionsGate in Florida.
commercial

Revenue Optimization: Driving the Bottom Line

HFTP Connect· 5 October 2017
In today’s competitive world, a great management team focuses on optimizing revenue in every department — including rooms, spa, ski, golf, ticketing, food and beverage, and retail. Where is the additional revenue going to come from? You need to track the success of upselling, promotions, cover charges and more. In addition to maximizing revenue, it is also crucial to control costs, from monitoring fixed expenses to labor costs. At the end of the day, accurately tracking data throughout all areas is a necessity.
commercial

Are You Ready for the New Revenue Recognition Accounting Standards?

HFTP Connect·27 September 2017
Revenue recognition standards have been converged and are now changing for both IFRS (IFRS 15) and US GAAP (ASC 606-10) beginning in 2018. US GAAP will allow non-public companies to transition beginning in 2019. After receiving input from the HFTP Hotel Advisory Council, the American Hotel & Lodging Association Financial Management Committee recently issued an article published on Hotel News Now on the change to US GAAP:
commercial

Why, 15 Years Later, the HFTP Mid Florida Chapter Still Raises Funds for Camp Boggy Creek

HFTP Connect·20 September 2017
This year, the HFTP Annual Convention will be held October 25–27 in the Orlando area, my home turf. And for the third year, the convention program includes HFTP Helps which raises funds for a charity based in the surrounding area of the host city. When planning, HFTP Global conferred with HFTP Mid-Florida chapter leaders for local charity suggestions. Without hesitation, we named Camp Boggy Creek, a free, safe and medically-sound camp environment that enriches the lives of children with serious illnesses and their families. The HFTP Mid-Florida Chapter has been raising funds for Camp Boggy Creek through an annual golf tournament, and September 29 will be the chapter’s 15th tournament to benefit the camp. I thought I’d share a bit of my experience working with the camp, and why our chapter has been so dedicated to it.
commercial

HFTP Asia Research Center Supports Tourism Industry Growth in Asia Market

HFTP Connect·18 September 2017
In 2014, the HFTP Asia Research Center was established in collaboration with the Hong Kong Polytechnic University (PolyU) School of Hotel and Tourism Management (SHTM). The center is based in Hong Kong, the central city in Asia geographically.

Newletter

Thank you for subscribing. Your email address has been added to our mailing list.
Close
To subscribe to the Club Bytes Newsletter please enter your email address below.
An error occured, please check your input and try again.
CancelSubscribe