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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

How Wellness Hospitality Brands Can Succeed Amid Big-City Chaos - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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.

Leading Hotels of the World Revamps Its Loyalty Program - Hotels·26 September 2018
Leading Hotels is taking a traditional, yet also somewhat contrarian approach to hotel loyalty -- but will it pay off for its independent hotel members?

Executive Q&A: Susanne Hatje of Mandarin Oriental, New York on Thriving in an Ultra-Competitive Luxury Market - Hotels·25 September 2018
It can be hard to hold the attention of New York visitors for more than 15 minutes, let alone 15 years. But Mandarin Oriental, New York has managed to thrive in the city's competitive luxury hotel sector, reinventing itself with an ever-changing mix of unique amenities, growing ties to the local neighborhood, and an ongoing commitment to top-tier service.

Next-Generation Hotel Brand Oyo Is Raising $1 Billion - Hotels·25 September 2018
Softbank poured the jet fuel of capital on Oyo's twist on hotel franchising. It has doubled its room count to more than 100,000 in India in two years, and just this year went from zero to 50,000 rooms in China. Wow.


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