What are the Controller’s and CFO’s Roles in Data Security?

We’ve all read the news about data breaches. The financial consequences and reputation damage have been widely reported.  As the ones who watch over the company’s financial performance, controllers and…

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Part 3: How to Bring More Hospitality Financial Leadership Into Your Hotel

7) The How To vs. The Want To? The business of managing the hotel finances is not terribly technical or complicated. What makes it challenging is that it’s usually a large…

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Part 1: How to Bring More Hospitality Financial Leadership Into Your Hotel

You have the ability to increase the way you lead your team financially, to create an environment that has your managers working together on the “business” of running your hotel….

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Understanding the Government’s New H-2B Seasonal Visa Regulations

2015 has been a hard year for seasonal businesses that rely on the H-2B visa. After three months of highs and lows where seasonal businesses saw the H-2B visa be the…

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Jennifer Hogencamp April 2015

Are You Overpaying Management Fees? Gross vs. Net Reporting and the Impact of Improper Accounting

When reporting gross operating revenue, correct classification of expenses is important. Presenting items gross when they should be net can potentially cause a property to overpay fees, including its property…

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New Year, New CHTP Certification and a New CHAE Possibility on the Horizon

After a lot of hard work by last year’s Certification Advisory Council and Task Forces, HFTP recently launched the new Certified Hospitality Technology Professional (CHTP) certification program for 2015. The…

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HITEC 2015: Getting Ready for Mobile Payments

The fragmented nature of hospitality transactions requires both consumers and merchants alike to think carefully about how services will be paid for in the future. Right now, the easy to…

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GHACP and the Hot Off the Press USALI 11th Edition

The news is out! The 11th edition of the Uniform System of Accounts for the Lodging Industry (USALI) is now available and due for implementation in 2015. As opposed to…

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The 411 on the HFTP Global Hospitality Accounting Common Practices (GHACP) Database

What is the GHACP? GHACP stands for the Global Hospitality Accounting Common Practices. The goal of this initiative is to provide a searchable database of detailed operating financial reporting practices…

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Adding Diversity and Taking the Scare out of the Visa Process in the Club and Hospitality Industries

As someone that often speaks about visas and U.S. Lawful Permanent Residency (green cards), there are two common looks that I see in the audience when I start my presentations…

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