E20X Amsterdam Judge’s Award Winner KITRO Designed Innovative Solution to Combat Food Waste

It takes a truly cutting-edge business concept from a startup to best the competition and take home the coveted Judge’s Award at Entrepreneur 20X (E20X). During E20X Amsterdam in April 2018, that kind of groundbreaking concept was presented by KITRO — a startup company that designed a digital device to…

Technology, Financial Leadership and the Fast-Paced Race of the Hospitality Industry

Written by: Artak Gevorgian, CHAE, MBA — Official HFTP® 2018 Guest Blogger The HFTP 2018 Annual Convention is officially over, and I am now back to my routine in the other part of the world — Muscat, Oman. The blog I wrote before departing for Louisville, Be Prepared: Have an Action Plan for Professional…

Internal Controls and the Important Roles They Play in Eradicating Fraud

Written by: Artak Gevorgian, CHAE, MBA — Official HFTP® 2018 Guest Blogger Although I have been preoccupied with getting in the education sessions purely related to hospitality finance, technologies and hotel pre-opening, I made sure to participate in Fun with Fraud and Enchanting Employee Embezzlement in Clubs and Hotels presented by  Jerry…

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…

Letter from the HFTP Global President: At the End of the Year, We Reflect on the Best of the Year

Written By: Timothy G. Nauss, CHAE As we prepare to transition to the new HFTP Global board at the 2018 Annual Convention in October, I would like to take the time to reflect on my year serving as HFTP Global president. Through rigorous research, council work, event planning and resource…

How to Connect in an Over-Distracted World (And Other Lessons from Leaders in Human Behavior)

Leaders face a mounting challenge in today’s increasingly technological world. People have a host of distracting devices now available at their fingertips. According to research compiled by the HFTP Americas Research Center, Americans check their phone on average once every 12 minutes. Conversations are consistently interrupted by cell phone pings or instant email…

How to Benefit from Networking Events

Written by: Dan McCarthy You may not feel inclined to attend a networking event. After all, why waste an entire evening doing what you already conveniently do on social media? As it turns out, there is an element of in-person networking that could never be fulfilled through online mediums. Face-to-face…

Success in the Sunshine State: Highlights from HFTP’s 2018 Florida Regional Conference

The beautiful Sarasota Westin Hotel — with its bright white facade, multitudinous windows and stunning rooftop pool area — made a very picturesque setting for the 2018 HFTP Florida Regional Conference, which took place July 25–27, 2018. Approximately 145 attendees made their way to Sarasota, Florida last week to enjoy education,…

Community@HFTP: Ask Questions, Get Answers & Virtually Connect with Colleagues Worldwide

Written By: Susan Savkov Attention, HFTP members: If you have not yet visited Community@HFTP, you are missing out on a valuable opportunity to instantly connect, discuss and share with other hospitality professionals who are HFTP members in a structured online forum. Once you become an HFTP member, you automatically become…

Annual Convention 2018: A True HFTP Experience in the Land of the Kentucky Derby

On the bank of the Ohio River in the east south-central region of the United States looms Kentucky’s largest city, Louisville — home to the famed Kentucky Derby horse race, Kentucky Fried Chicken (KFC) and Louisville Slugger baseball bats. It will also be home to the 2018 HFTP Annual Convention, where more than 600…