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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.

  • 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.

  • Letter from the HFTP Global President: Budgeting and Planning are Integral to Success

    HITEC Houston, which attracted HFTP’s largest event attendance in history, may now be behind us but the year is far from over. At the end of this month on July 28 is the new Club Forum in Sarasota, Florida USA.

  • HITEC Special: Revenue Strategy: Not Just a Fancy New Name for Revenue Management

    By Cindy Estis Green. A strategic view of revenue calls for proactive business mix planning and decision-making around deployed resources, well beyond reacting to what comes over the transom. Excerpt from the 2018 HITEC Bytes Special Report.

NH Hotels' brands emerge strong after owner transition Featured Articles·3h
With its four brands gaining guest recognition and segment niches, NH Hotels has benefited from a strong Spanish market in recent years. The company is moving ahead in Europe and Latin America as its ownership settles.

Hotel builders, brands say 'yes' to Manhattan's NoMad Featured Articles·4h
Growing technology and fashion industry demand spurs big brands to follow independent hoteliers into this buzzing New York district.

Global hotel pulse: Middle East/Africa news Featured Articles·5h
Countries like Nigeria, Ghana and Mozambique are among the fastest growing destinations for alternative-accommodations platform Airbnb, according to a report from Quartz. The report notes that the platform seems to be popular among African travelers because it offers an affordable alternative to “luxury hotels and resorts.”

Loss of brand risk in branded residence projects Featured Articles·6h
Branded residence buyers, having paid a substantial premium for their association with the luxury brand, are at greater risk than they may think of the brand going away through no fault of their own.

5 insights into the hotel industry's labor challenges Featured Articles·6h
Finding and keeping good talent is a top concern among hoteliers. Speakers on a recent panel shared data affecting hotel labor and best practices for getting around labor hurdles.

Contract, non-management employee payrolls rise in 2017 Featured Articles·18 September 2018
Total hotel operating revenue increased by 2% in 2017 while payroll costs increased by 1.8%, according to a CBRE study.

Asset managers like industry's position, direction Featured Articles·18 September 2018
Members of the Hospitality Asset Managers Association reveal survey sentiment that predicts continued industry growth while facing a number of challenges and opportunities.

Why outsourcing hotel staff doesn't always work Featured Articles·18 September 2018
Whatever gains a property might realize from outsourcing staff are likely to be outweighed by the loss from compromised service, which is especially acute in the age of personalization.

Global hotel industry grapples with massive storms Featured Articles·18 September 2018
Two noteworthy storms hit on opposite sides of the globe over the past few days, and hotel companies are reacting to the properties and guests affected by the storms.

Measuring F&B feats can fill owner, operator appetites Featured Articles·17 September 2018
With the “reawakening” of food-and-beverage offerings, hoteliers look to metrics to help determine what works in the ever-changing landscape and according to consumer expectations.

What US hoteliers learned from the 2008 recession Featured Articles·17 September 2018
Hoteliers look back 10 years and reflect on what they learned from the Great Recession.

Hoteliers around the globe reflect on Great Recession Featured Articles·17 September 2018
Five hotel industry leaders from around the world shared lessons learned a decade after the Great Recession.

UK business rates need change to provide more fairness Featured Articles·17 September 2018
The United Kingdom’s entire hospitality industry is suffering, and changing business rates is the first line of attack in order to reverse worrying trends.

Two Roads elevates tech, localization as brands grow Featured Articles·17 September 2018
Executives at Two Roads Hospitality’s 2018 Travel Industry Advisory Board meeting in Aspen, Colorado, said the growth of all brands under the company’s umbrella is focused on community, technology and personalized experiences.

Decade of coverage aptly shows HNN's mission, style Featured Articles·17 September 2018
As Hotel News Now celebrates its 10th anniversary, we look back on what makes us tick as we revisit key stories, trends and data points that made headlines.

5 things to know about chain-scale performance Featured Articles·14 September 2018
An analysis of STR data and hotel chain scales shows Marriott International has the majority of rooms in the three highest segments but midlevel chain scales dominate new supply.

Pebblebrook officials lay out case to LaSalle investors Featured Articles·14 September 2018
Pebblebrook Hotel Trust officials gave their rationale for combining with LaSalle Hotel Properties during a call with investors and analysts, noting the combined company would be the third-largest hotel real estate investment trust in the U.S.

Looking for truth in online reviews Featured Articles·14 September 2018
Fake online reviews, good or bad, are a disservice to guests who are looking to spend their money wisely.

Labor, taxes headline hoteliers' agenda on Capitol Hill Featured Articles·13 September 2018
Hoteliers from the American Hotel & Lodging Association and the Asian American Hotel Owners Association will meet with Congress during their Legislative Action Summit to discuss issues facing the industry.

How hoteliers navigate evolving distribution channels Featured Articles·13 September 2018
A panel at the Hotel Data Conference discussed the various distribution channels available to hoteliers and the benefits and challenges they offer.

STR: US hotel results for week ending 8 September Featured Articles·13 September 2018
The U.S. hotel industry saw occupancy decline 3.5% to 61.7% during the week of 2-8 September. ADR rose 1% to $121.95 and RevPAR dropped 2.4% to $75.25.

Experience, value drive success in group business Featured Articles·13 September 2018
Expectations are changing in the world of group bookings, with experts saying hoteliers need to do a better job in showcasing what makes their properties and markets unique and how they can drive return on investment for meeting planners.

Brand focus, growth key for G6 Hospitality Featured Articles·13 September 2018
G6 Hospitality CEO Rob Palleschi talks on video with Hotel News Now about his vision for the future success of the Motel 6 and Studio 6 brands.

What to look for when hiring data analysts Featured Articles·12 September 2018
Diversity in backgrounds and skills, a curious mindset and strong communications skills are all must-haves for today’s successful hotel data analysts, according to speakers on a recent panel.

Revenue managers must also understand guest spend Featured Articles·12 September 2018
The discipline of revenue management will inevitably get tougher and require more data, cooperation and knowledge of segmentation and the real value of different price points.

UK hoteliers seek Parliament backing in labor struggles Featured Articles·12 September 2018
With support from some members of Parliament, the U.K. hotel industry is looking to battle negative perceptions that have caused it to be largely overlooked as a viable career path.


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