Advice and Opportunities for Young Professionals: From the HFTP Global President and HFTP YP Council

Written by: Mark Pate Sr., CHAE, CHTP, MBA If you were asked, “what is a young professional (YP)?”, what would you say? According to Google, it is a young person, in their 20s and 30s, who is employed in a profession…

Distressed Hotels Find New Ownership and Vision

Written by: Kristopher Swanson Opportunistic outlook The Covid-19 pandemic has had a significant impact on the financial wellbeing of hotels around the world, especially in regions that have experienced prolonged lockdowns and reduced travel. Real estate investment funds and managers,…

An Inside Look at Club Summit 2021: Highlights from HFTP’s Return to In-Person Professional Development

After a year like 2020, it was impossible to predict what a return to in-person events would look like in 2021. The Club Summit was HFTP’s opening number, a sold-out event in stunning southern Florida that promised two days of…

Ready Player One: How Can Hoteliers Capitalize On eSports?

Written by: Anastasiia Petryshche Even though it was initially marketed as a new kind of massively multiplayer online game, the OASIS quickly evolved into a new way of life.” -Ernest Cline In his award-winning movie “Ready Player One,” Steven Spielberg…

How Local HFTP Chapters Have Persevered in 2021

Written by: Mark Pate Sr., CHAE, CHTP, MBA Have you ever heard the old saying “If you haven’t been to a HFTP chapter meeting lately, you haven’t been to a HFTP chapter meeting”? In case you didn’t know, I just made…

How Has Technology Changed the Face of Marketing in Hospitality Amid Covid-19?

Written by: Varun Khanna, research scholar Over the past year and a half, hospitality marketing and management has witnessed tremendous growth in terms of research and development (Byrd, et.al, 2021). The Covid-19 pandemic has brought about much of this change, as it…

Addressing the Plastic Crisis through Crypto Anchors & Blockchain Technology

The Plastic Crisis: Out of Sight, Out of Mind From automated daily digests to dinner table conversations, the omnipresence of the Covid-19 pandemic has successfully managed to overshadow other – yet no less important – global challenges. In 2019, plastic…

Technology that Can Be Used to Support Large Events During and After Covid-19 Pandemic

Written by: Anni Lindqvist, research scholar The Post-Covid World Numerous industries were forced to employ more technology and reimagine nearly every aspect of their operations due to the pandemic. Technological changes sparked by Covid-19 are a form of acceleration for previously existing…

U.S. Department of Labor Releases Model COBRA Premium Subsidy Notices

Written by: Brad Steele, J.D. Under the U.S. American Rescue Plan (ARP), clubs must now pay COBRA premiums for employees involuntarily terminated or who lost health insurance due to a reduction in hours. The good news is clubs are entitled…

Ramping up Hotel Internal Controls Post-Pandemic

Written by: Neil Grammer, CPA 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 business processes are working properly as the hotel industry…