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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.

AccorHotels Balances Asset-Light and Acquisition Strategies: New Skift Research Report

skift.com - Hotels·8h
With the sale of a majority stake in the company's owned and leased hotel business, AccorHotels is a more stable, nimble company, with the ability to pursue additional acquisitions and other strategic initiatives. In our latest research report, we break down what going asset-light means for the company and tackle ways of measuring the success of its M&A strategy.

Democrats to Target Trump's Hotels Business as Part of Wider Investigation

skift.com - Hotels·19 November 2018
Come the new year, we'll likely learn a lot more about President Trump's business empire, including his tourism assets.

U.S. Hotels' Summer Occupancy Saw Second Largest Drop Since Recession

skift.com - Hotels·16 November 2018
The United States thankfully had fewer hurricanes this year. But because of that good news, some hotel markets are posting occupancy drops because fewer people needed them this year. That's likely indicative of how soft those markets were before the storms hit.

How Wellness Hospitality Brands Can Succeed Amid Big-City Chaos

skift.com - Hotels·13 November 2018
Wellness hospitality brands known for their idyllic locations are heading to New York City. Will the temptation of taking a bite out of the Big Apple prove a brand benefit or drawback?

Choice Hotels Sees Room Revenue Hurt by Hurricane Florence

skift.com - Hotels· 8 November 2018
The bigger question the hotel industry is no doubt asking itself is this: Was this third quarter just a one-off? Or was it a sign of tougher times to come?

Video: Travelsify Unveils Hotel Brand DNA to Close the Gap Between Brand Personality and Guest Experiences

skift.com - Hotels· 8 November 2018
Most hotel brands realize that they must strive to close the gap between brand personality and guest experiences to maximize their brand equity and compete. Real-time brand measurement based on guest experiences has become the norm in an accelerated asset-light hotel industry where highly diversified portfolio and new brand acquisitions are calling the shots.

Belmond Sees Slight Takeover Bounce in Third Quarter

skift.com - Hotels· 7 November 2018
Now it's just a wait-and-see approach to see who will snap up Belmond's treasure trove of luxury assets.

Millennium & Copthorne Blames Struggles on Rising Costs in Hospitality

skift.com - Hotels· 2 November 2018
The abrupt departure of a CEO and falling profit set off plenty of alarm bells. Will Millennium & Copthorne be able to turn things around, or do its struggles represent the start of a wider industry slowdown?

Trump Organization to Spend $46 Million Expanding Irish Golf Resort

skift.com - Hotels· 2 November 2018
Given the west of Ireland resort has yet to make a profit, the Trump family must be hoping a multi-million dollar investment will pay off sometime in the not too distant future.

Hyatt's High Hopes for Two Roads Revealed

skift.com - Hotels·31 October 2018
We all knew Hyatt was in the mood for a major acquisition. (NH Hotel Group or Starwood, anyone?) And now we have a much better idea of what its plans are for Two Roads, as well as other acquisitions down the line.

Ireland's Largest Hotel Company Won't Let Brexit Damper Its Expansion Plans

skift.com - Hotels·26 October 2018
We won't really know the full impact of Brexit until it happens, but we can be assured that hospitality companies operating in the U.K. will definitely face labor challenges once it does, if they haven't already.

A Cautious Hilton Unlikely to Buy Belmond

skift.com - Hotels·24 October 2018
Hilton is the kind of hotel company that's adamant about sticking to its guns. It says the future outlook looks fairly solid -- unless, of course, fears of a looming recession come true.

Premier Inn Owner Whitbread Presses Ahead With Germany Expansion

skift.com - Hotels·23 October 2018
Germany is indeed a big market but shouldn't Whitbread be taking a look at other countries as well?

Soho House Is Turning to Co-Working to Give It an Edge Over WeWork

skift.com - Hotels·19 October 2018
Sounds a lot like our Skift Megatrend from this year: "The hotel of the future is everything to everyone" where co-working, co-living, hotels, and private clubs are all blended together.

Golden Nugget Seeks Merger With Gaming Giant Caesars

skift.com - Hotels·17 October 2018
In the already competitive gaming industry, acquiring more scale will help both Golden Nugget and Caesars compete better. Just don't bet on this being the last merger or acquisition we'll see in the sector going forward.

How Nihi Hotels Adds a Wild Side to Luxury Travel

skift.com - Hotels·16 October 2018
Modern luxury doesn't necessarily need overly formal staff and a stuffy atmosphere. It can be "consistently inconsistent," and yet still be totally unforgettable.

Hyatt Adds Its Spa Business Exhale to Loyalty Program

skift.com - Hotels· 4 October 2018
This makes a ton of sense for World of Hyatt, but again will scale prove to be a challenge for Hyatt and for Exhale?

Hilton, Hyatt, and Blackstone Eyeing Belmond Hotels

skift.com - Hotels· 3 October 2018
These potential suitors all have their own reasons for wanting to buy Belmond, but a bigger question looms as to why the company is deciding to put itself up for sale now after years of rebuffing the idea and years of underperformance.

Embassy Suites Hotel Looks to Fetch $200 Million in Hot Manhattan Hotel Market

skift.com - Hotels·29 September 2018
This Bloomberg scoop shows just how much it's become a sellers' market for hotel owners in New York City. AIG's Hilton Embassy Suites property has only been operational since July. Now it's on the block.

Four Seasons CEO to Suitors: Thanks, But No Thanks

skift.com - Hotels·28 September 2018
As a large independent hotel company with a distinctive luxury brand, Four Seasons is always going to be a takeover target but it sounds like it is more likely to be a buyer rather than a seller.

Marriott CEO to Unhappy Loyalty Members: 'Hang With Us

skift.com - Hotels·28 September 2018
Marriott CEO Arne Sorenson knows that not everyone is thrilled with the merged Marriott-Starwood loyalty program. But at Skift Global Forum, he made the case for why they should be -- and said he hopes they'll come around.

Millennium & Copthorne Hotels CEO Exits After Three Months

skift.com - Hotels·28 September 2018
A CEO leaving after such a short period suggests that all is not well at the hotel company.

Hilton Wants to Change the Conversation About Direct Booking With New Ad Campaign

skift.com - Hotels·28 September 2018
Hotel industry to consumers: You should still stop clicking around, (obviously!), but you should also expect a lot more from us when you (1) book direct with us, (2) join our loyalty programs, and (3) stay in our hotels.

Ian Schrager on How Hotels Get Technology Wrong

skift.com - Hotels·27 September 2018
The hospitality industry shouldn't forget its humanity, while continuing to innovate - just in a sensible and appropriate way. Strong message.

Hyatt CEO Says Hotels Will Ban Hate Groups: 'We Need to Draw the Line

skift.com - Hotels·27 September 2018
Hyatt and other hotels are increasingly in the business of opening their doors to all who need a place to sleep, as long as they pack a peaceful and inclusiveness attitude with them.

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