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  • 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.

  • Success in the Sunshine State: Highlights from HFTP's 2018 Florida Regional Conference

    The beautiful Sarasota Westin Hotel — with its bright white facade, multitudinous windows and stunning rooftop pool area — made a very picturesque setting for the 2018 HFTP Florida Regional Conference, which took place July 25–27, 2018.

  • Annual Convention 2018: A True HFTP Experience in the Land of the Kentucky Derby

    On the bank of the Ohio River in the east south-central region of the United States looms Kentucky’s largest city, Louisville — home to the famed Kentucky Derby horse race, Kentucky Fried Chicken (KFC) and Louisville Slugger baseball bats.

  • Members Only: 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.


New brands and record signings underpin a big first half for IHG·17 August 2018
IHG® has kicked 2018 off in style, delivering its best signings performance in a decade, both in Australasia and on the global stage. In this market alone, it has announced eleven signings since the start of the year.

New day spa headlines Fairmont Blue Mountains milestone·17 August 2018
Fairmont Resort & Spa Blue Mountains has double reason to celebrate, officially opening its new Day Spa in time to coincide with the resort’s 30th birthday celebration.

AccorHotels pre-packages new range of luxurious experiences·17 August 2018
More than 50 bespoke packages have been released by AccorHotels across its luxury and upscale brands, inviting travellers to take advantage of hotel contacts and avoid the need to plan everything around their hotel stay.

Study shows nearly one in every five dollars in New Zealand's GDP comes from tourism·16 August 2018
Research from the World Travel & Tourism Council (WTTC) has revealed that nearly one-fifth of New Zealand’s Gross Domestic Product (GDP) comes from the travel and tourism industries.

Great Keppel Island Resort cleared and ready for redevelopment·16 August 2018
Demolition work has been completed at the site of the former, now decommissioned Great Keppel Island Resort, opening up opportunities for future development at the site.

Crystalbrook Collection launches major hotel recruitment drive·13 August 2018
In preparation for the first of three grand resort openings in Cairns this coming November, luxury hotel brand Crystalbrook Collection is on the hunt for as many as 500 talented people to help it fill a variety of operational vacancies at its three new properties.

AHA welcomes ATO crackdown on short-term rental income·13 August 2018
Australian taxpayers either inadvertently or maliciously neglecting to accurately declare taxable income through listing vacant properties or rooms on Airbnb will be under the microscope as part of a newly launched crackdown by the Australian Tax Office (ATO).

Video: Quest on King William reveals major refurbishment·13 August 2018
The fruits of a $3 million renovation covering 72 apartments at Adelaide’s Quest on King William self-contained apartment have been revealed exclusively to HM.

Belmond Ltd considering sale as part of comprehensive company review·10 August 2018
Luxury travel brand Belmond Ltd says it hasn't ruled out a company sale as part of a strategic review to boost shareholder returns.

Is new hotel construction in Sydney now moving too fast?·10 August 2018
Sydney's hotel supply moved ahead of demand in July but a lack of major events contributed to the downturn.

First sod turns at Veriu Hotels' next Sydney outlet in Green Square· 9 August 2018
Nestled deep within the Green Square Urban Regeneration Area in Sydney, rapidly growing boutique brand Veriu Hotels has turned the first sod on its newest location on the outskirts of the city CBD.

Record room growth headlines strong Q2 for Marriott International· 9 August 2018
Reported net income for Marriott International for the second quarter of 2018 closed at US610 million (AU$821.8 million), according to newly filed financial papers from the hotel giant.

HM Awards 2018 Finalists announced in 41 categories· 9 August 2018
Finalists have been announced in 41 categories for the 2018 HM Awards for Hotel and Accommodation Excellence, presented by Sealy Posturepedic.

Voco doubles down on Australia with second property signing· 8 August 2018
Victoria’s picturesque Yarra Valley will be bestowed with its first ever globally branded hotel after InterContinental Hotels Group announced it will bring its new upscale brand ‘voco’ to the region.

HM Awards 2018 finalists announced in 35 categories· 6 August 2018
Finalists have been announced in 35 categories for the 2018 HM Awards for Hotel and Accommodation Excellence, presented by Sealy Posturepedic. Categories where finalists have been announced today are listed below and due to a record number of entries received in 2018, finalists for the remaining six general categories will be announced on Wednesday, August 8 as judging continues.

Fremantle's Esplanade Hotel now on the market· 3 August 2018
An iconic building in the seaside town of Fremantle will soon be with new owners after CBRE was engaged by Primewest to offload the Esplanade Hotel, around 45 minutes south of Perth. The landmark edifice began as Fremantle’s first pub in 1897 and is one of the most popular and well-known hotels in Western Australia. It sits across the road from an expansive waterfront park in the centre of the historic colonial township rich with Australian convict history.

NZ tourism industry casts doubt on government visitor surveys· 2 August 2018
A scathing review into the legitimacy and reliability of the New Zealand government’s official visitor statistics has left alarm bells ringing across the country’s tourism industry.

Commonwealth Games spurs Australia to occupancy record· 1 August 2018
Australian hotels stood strong during the second quarter of 2018, led admirably by the Commonwealth Games on the Gold Coast, as the country recorded its highest Q2 occupancy level in history, STR Asia Pacific performance statistics show.

Mercure chalks up 50 hotels in the Pacific region·31 July 2018
AccorHotels will set a company milestone over the next three years as it surpasses 50 Mercure branded hotels, with new locations earmarked for Canberra, Melbourne, Gold Coast and Auckland. In order, the Mercure Auckland Queen Street will mark the milestone 50th property, opening in 2019 and followed the same year by Mercure Canberra Belconnen. Mercure Southport will follow a year later, capped off by Mercure Melbourne Doncaster in 2021. The previously announced 120-room Mercure Sydney Bankstown is slated to open in 2020 as part of a major redevelopment of the Bankstown RSL.

Meriton fined millions for misleading customers through TripAdvisor·31 July 2018
The Federal Court of Australia has fined Meriton Serviced Apartments for manipulating guest reviews on TripAdvisor.

2018 HM Awards finalists announced in 14 categories·30 July 2018
Finalists have been announced in 14 categories for the 2018 HM Awards for Hotel and Accommodation Excellence, presented by Sealy Posturepedic. Categories where finalists have been announced today are listed below and due to a record number of entries received in 2018, finalists for the remaining categories will be announced next Monday, August 6 as judging continues.

Occupancies, RevPAR both climb in latest government AAM results·27 July 2018
Three out of every four hotel rooms were full each night on average during the 2016-17 reporting year – a modest increase of 0.5% and indicating more travellers were opting for hotels and motels over private rentals – according to the latest Australian Accommodation Monitor figures.

TAA celebrates the stars of NSW hotels·27 July 2018
Last night, more than 40 examples of excellence stood out among their peers as the Tourism Accommodation Australia awards recognised the state’s greatest achievers in a glittering ceremony at The Star, Sydney. Between winners and those highly commended for their efforts, the night served to demonstrate the exceptionally high benchmark and the wide variety of talent that exists in the NSW hotel and hospitality industry. In all, winners in 34 categories were named, having been selected from 320 nominations submitted by 82 different hotels.

ASSA ABLOY boosts hotel room security with next-gen NXP IC·27 July 2018
Banking-grade security features embedded into next-generation VingCard RFID electronic locks are the latest enhancement revealed this week by hotel industry security firm ASSA ABLOY Hospitality, working in collaboration with NXP Semiconductors’ MIFARE Plus EV1 Smart Card.

Acquisitions, AccorInvest stake sale boost AccorHotels half-year financial results·27 July 2018
A majority stake sale in the capital of AccorInvest for more than €2.4 billion (AUD$3.8 billion) has contributed to a strong financial result for AccorHotels in the first half of 2018, according to official figures released by the group yesterday.

TAA calls for greater government action on AirBnB regulation·26 July 2018
TAA chairman Peter Tudehope has urged state politicians to maintain its attention on growing the sector and regulating the short-term rentals industry.


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