2018 HFTP Compensation & Benefits Survey Report

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. The history…

Cybersecurity Professionals, Education and Certifications

Whether it is an in-house employee or an outsourced vendor, cybersecurity professionals are a must for all organizations. According to a study by Trustwave, there is a skills shortage when it comes to information security professionals and 76 percent of information security professionals note that they are feeling pressure to…

In the Event of a Cyberattack: Public Relations and Responding to the Media

Your organization has experienced a data breach. How do you handle telling your customers? One of the key pieces to a data breach response is the announcement to the public and affected individuals. How a company deals with public relations after a breach determines how successful they will be at…

Securing the Internet of Things (IoT)

With the technological advancements emerging in recent years, it seems like everything is interconnected. Individuals can change the temperature in their house, open curtains, turn on a light, unlock a door or even track the contents of their refrigerator. All of these items are collectively referred to as the Internet…

Outsourcing Cybersecurity and Contracts

For many companies in the hospitality space running smaller operations, having a full-time IT person on staff may not be an option. Other companies may have an IT manager on staff, but outsource the cybersecurity responsibilities to a company that specifically focuses on the increasing dangers pertaining to cyber threats….

Beware of Ransomware

Ransomware is defined by the United States Department of Justice Federal Bureau of Investigation (FBI) as a “type of malicious software designed to block access to a computer system until money is paid” (FBI, 2015). Hotels are a prime target for this type of attack. Legal authorities advise against paying the…

The Challenge for Hotels When It Comes to Securing Their Systems

In hotels, guests are a unique challenge to securing hotel systems. One of the first things a hotel guest does once they reach their hotel room is to check their Internet connection. According to studies conducted by Dr. Agnes DeFranco, CHE, CHAE, CHIA and Dr. Cristian Morosan, CHTP, CHE who are…

IT Measurements and the USALI 11th Edition

In January 2015, the USALI 11th edition became effective and a new schedule was born: Schedule 6 — Information and Telecommunications Systems. With the institution of a new schedule, many questions are asked, including: How was the transition to the new reporting structure? How many hotels are reporting with the new…

Paycheck Checkup: The IRS Encourages Taxpayers to Review Withholdings

April 17, 2018: Tax day in the United States has come and gone. Individual taxpayers have filed all of their paperwork, and have either paid up the amount owed to the United States Internal Revenue Service (IRS) or deposited their refunds in their bank accounts. Now that the 2018 tax…

Is the Lodging Industry Ready for a 12th Edition of USALI?

The 11th edition of the Uniform System of Accounts for the Lodging Industry (USALI) went live on January 1, 2015.  This edition presented multiple updates such as changes to the way customers were reported in food outlets, new rooms revenue and demand segmentation, gross versus net reporting, and the addition…