HFTP Presents: 2022 Year in Review

For HFTP, the year 2022 saw the return of some of its most popular initiatives and the launch of a successful new program. It marked the bittersweet departure of some beloved HFTP leaders, and the arrival of enthusiastic individuals ready…

The Lag in Food and Beverage Recovery

Written by: Robert Mandelbaum and Andrew Hartley According to CBRE’s September 2022 Hotel Horizons® forecast for the overall U.S. lodging industry, rooms revenue per-available-room (RevPAR) will exceed 2019 annual levels in 2022. This is driven by the accelerated recovery of…

A Better Way: Three Questions All Hospitality Accountants Should Ask Themselves

Written by: Shane Middleton“There has to be a better way!” We hear it all the time – even in the accounting department. The truth is that we are always hardwired to want more and better. Unfortunately, we are always looking…

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…

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: 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…

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…

Can Proptech Solve the Asset-heavy/ Asset-light Dilemma?

Written by: Victoria Loing In a globalized world and very competitive setting, hotels are fighting to remain leaders in their market. Which brand to develop? How to retain customers? Which innovative technology to implement? Which business model strategy to follow?…

Letter from HFTP Global President Mark Pate

Join Your Fellow Hospitality Professionals Online in New HFTP Community Groups

By: Mark Pate Sr., CHAE, CHTP, MBA, HFTP Global President Are you looking for that next role to take your career upwards where you want it to go – or perhaps seeking to fill a crucial role at your company…

Learn in the Right Direction: Education All About Finance, Technology, Clubs and Hotels

While HFTP’s annual conference is best known as a celebration of association achievements that offers a plethora of networking engagements and receptions with members from across the world – the HFTP Annual Convention also features educational program not to be…