Press Releases & News Articles

Get into the blue ocean | By Frank Wolfe

What makes your hotel stand out? The secret to success in today’s complex hospitality industry lies in the answer to that question, writes HFTP CEO Frank Wolfe. Many times it seems that the only thing that distinguishes one property from another is the sign on the front of the building. What will make today’s traveler chose yours when they are looking for a place to stay?

HFTP Announces HITEC Minneapolis CEO Panel Featuring Leading Hoteliers

The upcoming Hospitality Industry Technology Exposition and Conference (HITEC®) is set to provide attendees an insider's look at the pressing technology strategies prioritized in the C-suite. The General Session: "Technology Talk in the C-suite: 2020 and Beyond" on Tuesday, June 18, will be moderated by Chip Rogers, president and CEO of the American Hotel & Lodging Association (AHLA), and features an impressive panel line up of leading hotel executives. The discussion will revolve around how their organizations are addressing topics such as: cybersecurity, data protection legislation and policy, consumer-facing tech platforms, the future of robotics and AI to name a few. Produced by Hospitality Financial and Technology Professionals (HFTP®), HITEC Minneapolis will be the second, and largest, HITEC event of 2019, and will be held from June 17-20 at the Minneapolis Convention Center in Minneapolis, Minnesota USA.

HFTP’s Third HITEC Europe Builds Momentum for Hospitality Technology Gathering

Hospitality industry professionals from across Europe and beyond, representing 34 countries, came together in Palma, Mallorca, Spain this week to explore the industry's best practices and latest innovations at HITEC Europe. Hospitality Financial and Technology Professionals (HFTP®), producers of the Hospitality Industry Technology Exposition and Conference (HITEC®), is building momentum for its annual event with its third successful European counterpart to its recognized, 47-year-old North American event. HITEC Europe was held from April 9-11, 2019 at the Palau de Congressos Palma.

Backed by Dubai Tourism the Middle East’s Largest Hospitality Technology Exhibition and Conference ‘HITEC Dubai 2019’ to Return in November

It has been announced that Dubai's Department of Tourism & Commerce Marketing (Dubai Tourism) will once again be the destination partner for HITEC Dubai 2019 taking place on November 12-13. Building on last year's success, the Middle East's largest hospitality technology exhibition and conference that is co-produced by Hospitality Financial and Technology Professionals (HFTP®) and Naseba, will be held in Dubai at a twice larger venue - The Festival Arena by InterContinental Dubai Festival City. The annual business-to-business (B2B) exhibition is expected to welcome more than 2,500 trade visitors and industry stakeholders over the two days giving Middle East buyers, currently worth over USD 75 billion, access to the world's leading hospitality technology solution providers and experts.

HFTP Partners with HotStats on the Global Hospitality Accounting Common Practices Database

Hospitality Financial and Technology Professionals (HFTP®) has announced a partnership with HotStats to manage the Global Hospitality Accounting Common Practices (GHACP) database. First released in Fall 2014 by HFTP, the new agreement will move the site hosting to HotStats with complimentary access to HFTP members. In addition, HotStats will expand the database by incorporating its chart of accounts, alongside the current editions of the Uniform System of Accounts for the Lodging Industry (USALI) and the Uniform System of Financial Reporting for Clubs (USFRC).

HFTP Announces Datavision Technologies as Exclusive Entrepreneur 20X Sponsor at HITEC Europe

Hospitality Financial and Technology Professionals (HFTP®) has announced that Datavision Technologies, which provides business intelligence for hospitality and a long-time exhibitor with HFTP, will become the exclusive sponsor for the upcoming European Entrepreneur 20X (E20X). The successful E20X pitch competition, featuring eight hospitality technology startups, will take place as a HITEC Europe pre-conference event on the afternoon of April 9. On the following two days is the third-annual HITEC Europe, produced by HFTP, featuring a full educational conference, an expo and networking party. HFTP's HITEC Europe is the first of three HITEC events planned for 2019, and will take place April 10-11 at the Palau de Congressos in Mallorca, Palma, Spain.

HFTP Offers New Corporate Allied Sponsorship; Providing Association Benefits to Employees and Company

Hospitality Financial and Technology Professionals (HFTP®) is now offering a new Corporate Allied Sponsorship. Created based on frequent requests from HFTP sponsors, the newly-introduced sponsorship provides companies and their employees access to the numerous benefits offered by the association. This includes education, resources and networking for individual members, while companies can take advantage of unique benefits that help boost company recognition.

International Hotel and Restaurant Association (IH&RA) Names Frank Wolfe to Executive Committee

The International Hotel and Restaurant Association (IH&RA) announced today that Frank Wolfe, CAE, will join its executive committee for a three-year term (2019-2021). Wolfe is a 35-year veteran of hospitality and is celebrating his 28th year as CEO of Hospitality Financial and Technology Professionals (HFTP®).

New HFTP Research Report Sheds Light on Hotel Pre-opening Budgets and IT Timelines

A new HFTP study entitled "Pre-Opening Expenditures in Hospitality" by authors Agnes DeFranco, Ed.D., CHAE and Arlene Ramirez, MBA, CHAE, CHE, CHIA of the Conrad N Hilton College, University of Houston, and Tanya Venegas, MBA, MHM, CHIA, director of customer success at HotStats, investigates pre-opening budget timelines and procedures in the hospitality industry. Commissioned by Hospitality Financial and Technology Professionals (HFTP®), the study aims to clarify understanding of the optimal pre-opening processes and components across hotels of a variety of types, sizes and geographic locations.

HFTP Announces Startups for Entrepreneur 20X at HITEC Europe

Hospitality Financial and Technology Professionals (HFTP®), producers of Hospitality Industry Technology Exposition and Conference (HITEC®), is pleased to announce the selected hospitality technology startups that will participate in Entrepreneur 20X (E20X) at HITEC Europe. The E20X start-up pitch competition is on April 9 from 3:00 to 6:00 p.m. at the Palau de Congressos in Palma, Mallorca, Spain; all registered HITEC Europe delegates are welcome to attend. The competition is a pre-conference event attached to HITEC Europe, part of the largest hospitality technology exposition and conference brand: HITEC.

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