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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.

  • Internal Controls and the Important Roles They Play in Eradicating Fraud

    Although I have been preoccupied with getting in the education sessions purely related to hospitality finance, technologies and hotel pre-opening, I made sure to participate in Fun with Fraud and Enchanting Employee Embezzlement in Clubs and Hotels presented by Jerry Trieber, CPA, CHAE, CFE, CFF, CGMA, HFTP Global past president and director of audit services/support at HEI Hotels and Resorts.

  • 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.

A look at what's been top of mind for industry experts Featured Articles·26 December 2018
This roundup of content focuses on issues that were top of mind for industry experts in the last six months, such as Generation Z, 2019 digital trends and revenue management.

Try your hand at our inaugural industry crossword Featured Articles·21 December 2018
To celebrate the end of 2018 on a fun note, Hotel News Now put together a crossword puzzle designed to test your knowledge of the global hotel industry in an only gently cryptic (we hope) way.

Apple Leisure to grow Europe platform after Alua buy Featured Articles·21 December 2018
In an opportunity that came sooner than it thought, American management firm Apple Leisure Group sees its majority stake in Spain’s Alua Hotels as the perfect springboard to gaining traction in Europe and growing its brands and customer base.

US hotels embrace cheer with holiday decorations Featured Articles·21 December 2018
Hotels around the U.S. put a lot of thought, time and money into their on-property displays for the holidays, which range from decor crafted using natural materials to a “magic dream-bird” that tells guests their future.

A look at past US recessions and their hotel impact Featured Articles·21 December 2018
How the hotel industry responded to past recessions might indicate how it will respond to the next one. However, some variables—such as higher supply and unknown black swan events—could throw a wrench in the works.

Sales, marketing execs adapt as group behaviors change Featured Articles·21 December 2018
Sales and marketing executives in an HSMAI executive roundtable shared how their group business is thriving in an environment with fewer in-person interactions, rapidly changing guest demands and other variables.

A roundup of independent hotel news Featured Articles·21 December 2018
This month’s roundup of news from the independent hotel sector includes: DiamondRock and Pebblebrook acquisitions; boutique openings in North Carolina and Texas; and people on the move.

Lexington Hotel suites redesigned with celebrity themes Featured Articles·21 December 2018
New York’s Lexington Hotel makes the most of its connections to pop icons from Marilyn Monroe to Ella Fitzgerald to market itself through themed celebrity suites.

Renos, infrastructure focus of indie spending in 2019 Featured Articles·21 December 2018
With new hotel supply and competition from non-traditional lodging options looming in some markets, independent hoteliers are competing by planning to invest money in renovations, technology upgrades and even labor in 2019.

STR: US hotel results for week ending 15 December Featured Articles·21 December 2018
U.S. hotel occupancy rose 1.3% to 57.3% during the week of 9-15 December, as ADR increased 3.2% to $119.10 and RevPAR rose 4.6% to $68.25.

Hotel sales and marketing trends to watch in 2019 Featured Articles·21 December 2018
Experts speaking at the HSMAI sales and marketing roundtable shared the top trends in their discipline heading into the New Year.

No wonder hotel loyalty programs can break Featured Articles·21 December 2018
The promise of a hotel loyalty program is pretty simple, but the underlying technology gets devilishly complex pretty quickly.

Hopefully Marriott's breach marks a turning point Featured Articles·21 December 2018
While I’m sure officials with Marriott International wish the recently reported breach of legacy Starwood systems had never happened, there’s still a chance it could prove to be a positive for the hotel industry in the long run.

College women seeking roles in hospitality fear this Featured Articles·21 December 2018
College women who are seeking roles in the hospitality industry have a few worries that are top of mind, including the potential struggle to balance family with work. Here’s a deeper look at those concerns.

What the Five-Star Promise really means Featured Articles·21 December 2018
A hotel industry initiative, backed by AHLA and major brands, shows a commitment to providing good, safe workplace environments for employees. It’s a good start, and if followed through will raise the reputation of hospitality, and ultimately benefit bottom lines.

Building a hotel executive team with a purpose Featured Articles·21 December 2018
As hospitality organizations grow and add executive talent, a key challenge is to do so in a way that adds new capabilities, as intended, supports business initiatives and sustains the group’s core beliefs.

Was 2018 a turning point for sustainability? Featured Articles·21 December 2018
While the United Nations named 2017 the Year of Sustainable Tourism for Development, the true change came in 2018, as this year hoteliers proved to be progressive in many ways with becoming more environmentally responsible.

Hotels' collaborative workspaces a welcome sight Featured Articles·21 December 2018
Public spaces for work and socializing are a great way to open up properties to the community, especially those non-guests in need of some respite from the weather.

The future is bright for the hospitality industry Featured Articles·21 December 2018
As the number of travelers continues to rise and the labor market becomes stretched, is there reason for hope in the next generation of hoteliers? Absolutely.

The cost of creativity within independent properties Featured Articles·21 December 2018
Every GM has exhausting days that require a lot of time and commitment, but GMs at independent hotels might have a harder time creating the right experience for guests than a GM at a branded hotel would.

Vision, flexibility key to success of soft-brand hotels Featured Articles·21 December 2018
Uniqueness is the selling point of a soft-branded property, but it also can create challenges when it comes to budget.

Tech-free moments in hotels: Reconnect to disconnect Featured Articles·21 December 2018
Technology is an integral part of the travel experience, but sometimes guests are looking for ways to disconnect during a hotel stay. Here’s how hoteliers can help.

Three IHG brands seek growth amid reaching milestones Featured Articles· 9 November 2018
While the Avid, Even and Indigo brands have been launched organically by InterContinental Hotels Group over the years, each of them have different stories to tell as they aim for controlled but aggressive expansion, according to company executives.

Q&A: David Marriott on Starwood, empowering people Featured Articles· 9 November 2018
Speaking during the Stephen W. Brener Distinguished Lecturer Series, David Marriott, COO-eastern region, the Americas for Marriott International, talked about how his family’s company grew, the keys to its success and where it’s going from here.

Offer your guests respite from family holiday anxiety Featured Articles· 9 November 2018
Holiday travel is stressful, so hoteliers should play up all the ways they can help their guests relax after being cooped up with their family all day.

Global GDP, dollar help US regain inbound travelers Featured Articles· 9 November 2018
International inbound travel to the United States has rebounded after several years of slowing growth, but there’s still a long way to go to make up that lost market share.


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