Hospitality Accounting Professionals: All the Reasons to Love What You Do

As the U.S. Thanksgiving holiday approaches, here is a reminder of what our accounting members should be thankful for this year. Written by: Katie Paolino, CHAE When our mind starts to spiral, why is it always into a black hole…

Beyond Crypto: Blockchain Technology in Hospitality

Written by: Dominika Duziak Editor’s Note: This blog post will feature podcast episodes from the HospitalityVerse Podcast, a new series that discusses the latest trends in hospitality technology, including discussions on the Metaverse, blockchain, NFTS and more. During my time with the MBA…

Eight Ways to Examine and Optimize the Club Work Experience Through a Generational Lens

Written by: Heather Polivka During the HFTP 2022 Club Forum, we discussed attraction and retention of talent — a hot topic in hospitality, in general. Our conversation covered two themes; the generational shift in the workforce, and looking at our work…

Check Out These HFTP Chapters in Action: Education, Social Networking and Giving Back

HFTP’s area chapters work hard on the local level throughout the year to bring hospitality professionals together and HFTP into the community where they live and work – through fun networking socials, philanthropic activities, educational seminars and more. As the…

Ask the Expert: Understanding Flow Through and Flex

Written by: Laura Resco Flow through and flex are two key metrics of hotel profitability. While flow through is the percentage of extra profit that flows to the bottom line from each incremental dollar of revenue, flex is the amount…

Ask the Expert: Impacts of Hurricane Ian on Property Insurance Renewals for Hotels and Clubs

Written by: Joel Brand With all the news surrounding inflation in the United States, consumer and business costs (as in all the costs of doing business such as taxes, wages and supplies) have increased in 2022. What else do clubs…

Four Major Mistakes Hospitality Technology Companies Consistently Make

Written by: Ira Vouk Our industry is at a pivotal moment as the pandemic accelerated the adoption of digital technologies. As those adoption rates are steadily climbing, more companies seek to scale their software and hardware product offerings in the…

Travel Boomed in the Summer of 2022: What About Fraud?

In 2021, travel revenue was low — less than half of pre-Covid levels. But a wave of “revenge travel” in 2022 turned the tide, with customers determined to make up for lost time. Almost 70 percent of U.S. travelers said…

New Proposed Independent Contractor Classification Rule for U.S. Clubs

Written by: Brad Steele, J.D. As expected, the Biden Administration finally issued its long-awaited Independent Contractor (IC) Classification Rule. As expected, the U.S. Department of Labor’s (DOL) proposed rule brings back the six-factor “economic realities test” established under the Obama…

Hospitality and the Metaverse: Exploring the Business Impact of the Virtual World

Written by: Dominika Duziak Editor’s Note: This blog post will feature podcast episodes from the HospitalityVerse Podcast, a new series that discusses the latest trends in hospitality technology, including discussions on the Metaverse, blockchain, NFTS and more. I am sure by…