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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.

  • HFTP Compensation and Benefits Report: 2018 Data on Hospitality Staffing and Compensation

    The 2018 HFTP Compensation and Benefits Survey was released this summer and made available to HFTP members. This is a biannual report that was developed to provide information on salaries and benefits, and to give an ongoing profile of accounting, finance and technology professionals in the hospitality industry.

  • 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.

  • Primary Club Metrics

    Survey results identify which metrics are most often used to determine performance. By Agnes DeFranco, Ed.D., CHAE; Tanya Venegas, MBA, MHM, CHIA; and Amanda Belarmino

Study: Payment Choices Affect Travel

hotelbusiness.com·Requires Registration ·17 December 2018
More than one third of British, American, Chinese, French and German travelers surveyed globally (36%) are unhappy about not being able to pay the way they want when booking holidays online, according to an online survey of 7,400 consumers by YouGov and ACI Worldwide, a provider of real-time electronic payment and banking solutions.

Sheraton Launches Heart for the City, an Instagrammable Consumer Experience

hotelbusiness.com·Requires Registration ·15 December 2018
Sheraton wants to take guests on an experiential journey that is at once memorable and Instagrammable.

Autograph Collection's Hotel Nia Achieves LEED Silver

hotelbusiness.com·Requires Registration ·15 December 2018
Sustainability is no longer a trend, it’s standard practice for many new-build hotel projects. Hotel Nia, a newly opened Autograph Collection property in Silicon Valley, earned the distinction as a LEED Certified Silver building.

Here's What Millennials Want From Hotels

hotelbusiness.com·Requires Registration ·15 December 2018
It’s a burning question for many hoteliers: What do today’s millennials want? The answer is threefold: Customized experiences, digital convenience and relevant information on social media.

Four Hotel Acquisitions to Watch

hotelbusiness.com·Requires Registration ·14 December 2018
Hoteliers are snapping up assets as 2018 comes to a close. Here’s a look at recent acquisitions.

Buying, Selling & Financing in the Sunshine State

hotelbusiness.com·Requires Registration ·13 December 2018
Financial transactions are happening all over Florida, from financing for the first Moxy in the state to the purchase of properties in Orlando and Jacksonville.

Report: Global Holiday Travel Increases 15%

hotelbusiness.com·Requires Registration ·13 December 2018
According to Allianz Global Assistance’s 2018 Top Holiday Destinations Report, American travel increased 15% this holiday season over last year. New York City and Cancun continue to reign as the most popular domestic and international destinations.

Transactions in Texas: Who is Buying, Selling or Refinancing?

hotelbusiness.com·Requires Registration ·12 December 2018
Hotel Business is tracking hotels being bought, sold and financed in the state of Texas.

A Healthy Partnership Brings Benefits for Guests

hotelbusiness.com·Requires Registration ·12 December 2018
A partnership between a local spa and luxury hotel here has proven to be a win-win for business and clientele. G20 Spa + Salon has entered into a deal to be the preferred vendor for The Lenox Hotel, a partnership aimed at attracting Boston leisure travelers.

Speaking the Language of Luxury, Wellness at JW Marriott Nashville

hotelbusiness.com·Requires Registration ·12 December 2018
When thinking of Music City, one might conjure up thoughts of live music in honky-tonks and down-home Southern cooking, but there’s another word—well-being. The high-end spa housed inside the recently launched JW Marriott Nashville here is ready to put its mark on the city.

An Intimate Wellness Center Unveiled at Quail Lodge & Golf Club

hotelbusiness.com·Requires Registration ·12 December 2018
To help guests relax and unwind after taking part in the property’s other activities, Quail Lodge & Golf Club recently opened a new wellness center.

Jin Jiang Makes Mandatory Offer for Rest of Radisson

hotelbusiness.com·Requires Registration ·11 December 2018
consortium led by China’s Jin Jiang International said on Tuesday it had made an offer for the entire equity of Radisson Hospitality, valuing the Swedish hotel chain at $774.3 million, according to a report from news agency Reuters.

U.S. Job Growth Slowed in November

hotelbusiness.com·Requires Registration ·11 December 2018
The U.S. economy added 155,000 jobs in November, and the unemployment rate remained unchanged at 3.7%—for the third month in a row, according to a report from the U.S. Bureau of Labor Statistics. Job gains occurred in healthcare, in manufacturing, and in transportation and warehousing.

Three Management Deals to Know

hotelbusiness.com·Requires Registration ·10 December 2018
Interstate Hotels & Resorts, Twenty Four Seven Hotels and Crescent Hotels & Resorts are all making moves in management.

Hourly Wage Growth Increased for the Third Month in a Row

hotelbusiness.com·Requires Registration · 6 December 2018
The Paychex | IHS Markit Small Business Employment Watch for November shows that the tight labor market continues to make for challenging hiring conditions. The Small Business Jobs Index declined for the sixth consecutive month, falling 0.11% from October to 99.01 in November.

Booking Holdings Completes Acquisition of HotelsCombined

hotelbusiness.com·Requires Registration · 4 December 2018
Booking Holdings has successfully completed its previously announced plan to acquire hotel metasearch site HotelsCombined. With a strong presence in APAC and thousands of active affiliates worldwide, HotelsCombined will report into Booking Holdings’ leading travel metasearch brand, Kayak.

Hyatt, SLH Introduce Strategic Loyalty Alliance

hotelbusiness.com·Requires Registration ·29 November 2018
Hyatt and Small Luxury Hotels of the World have officially launched their strategic loyalty alliance, giving World of Hyatt members an opportunity to earn and redeem points and enjoy on-property benefits in more than 50 locations around the world for stays starting on Dec. 6. The exclusive relationship will help expand World of Hyatt engagement for members in more places globally, as additional SLH properties are expected to join the program throughout the rest of 2018 and into 2019.

Pebblebrook to Close on LaSalle Acquisition Friday

hotelbusiness.com·Requires Registration ·28 November 2018
Pebblebrook Hotel Trust and LaSalle Hotel Properties approved proposals relating to Pebblebrook’s acquisition of LaSalle at their separate special meetings of shareholders. The transaction is expected to close this Friday, subject to customary closing conditions.

Survey: Luxury Travelers Prefer Offline Booking

hotelbusiness.com·Requires Registration ·28 November 2018
More than 90% of luxury travelers don’t want to book online but prefer to have a bespoke highly personalized service that includes all the concierge aspects of the trip, according to a survey of top vacation rental trends for 2019 by Exceptional Villas of its clients.

Extended Stay America Closes on Sale of 14 Hotels

hotelbusiness.com·Requires Registration ·28 November 2018
Extended Stay America Inc. and ESH Hospitality Inc. have completed sale of 14 branded Extended Stay America hotels.

Here's What Americans Want From Vacations

hotelbusiness.com·Requires Registration ·28 November 2018
According to a new survey of 1,000 Americans from Wyndham Destinations, almost half of Americans believe they’ll spend more than $80,000 on vacations during their lifetime.

Marriott Brands Make Updates Across the Globe

hotelbusiness.com·Requires Registration ·26 November 2018
Marriott International’s family of brands are transforming properties across the globe. With additions in Los Angeles and updates abroad in Sydney, here’s a look at the recent Marriott redesigns.

Terminix Lists Most Bed Bug-Infested Cities, Plus a Look at Business' Perceptions

hotelbusiness.com·Requires Registration ·21 November 2018
A Terminix survey shows 78% of business leaders with pest control in place feel confident their facilities are pest-free. The pest control services provider also revealed its list of the top 25 most bed bug-infested cities.

Report: Anbang Steps Up Attempt to Sell Luxury Hotels Portfolio

hotelbusiness.com·Requires Registration ·21 November 2018
Anbang Insurance Group Co. has hired Bank of America Corp. to help sell a portfolio of U.S. luxury hotels formerly known as Strategic Hotels & Resorts Inc., according to a report from Bloomberg. The news agency cited people familiar with the matter.

VoyceFirst Enters Hospitality Space with Voice-Based App

hotelbusiness.com·Requires Registration ·21 November 2018
VoyceFirst’s flagship, voice-based app is called “Qvick” and built for seamless hospitality interactions between guests and staff.

AHLA Leadership Program Aims to Propel Women in Hospitality ForWard

hotelbusiness.com·Requires Registration ·21 November 2018
At the Kimpton Gray Hotel in Chicago, the American Hotel & Lodging Association (AHLA) and the Castell Project hosted their inaugural women’s leadership event, ForWard: Women Advancing Hospitality, to foster thought leadership, education and open dialogue.

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