HFTP Connect · 14 Dec
“There has to be a better way!” We hear it all the time – even in the accounting department. The truth is that we are always hardwired to want more a
HFTP Connect · 21 Nov
As the U.S. Thanksgiving holiday approaches, here is a reminder of what our accounting members should be thankful for this year. Written by: Katie Pa
HFTP Connect · 31 Oct
Flow through and flex are two key metrics of hotel profitability. While flow through is the percentage of extra profit that flows to the bottom line
HFTP Connect · 17 Oct
In 2021, travel revenue was low — less than half of pre-Covid levels. But a wave of “revenge travel” in 2022 turned the tide, with customers determin
HFTP Connect · 14 Jan
This week, the Supreme Court reinstated the stay on the new OSHA Vaccination/Testing Rule. As such, clubs no longer have to enforce the requirements
HFTP Connect · 29 Nov
In updating the Uniform System of Accounts for the Lodging Industry (USALI) to its 12th edition, the Global Finance Committee (GFC) and HFTP reached
HFTP Connect · 14 Jul
The Covid-19 pandemic has had a significant impact on the financial wellbeing of hotels around the world, especially in regions that have experienced
HFTP Connect · 14 Apr
With two major “black swan” events within 12 years of each other, we can learn from the 2008 financial crisis to help ensure internal controls and bu