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Upcoming HFTP Chapter Events: November

2 November 2018
Check out the upcoming HFTP chapter event calendar. Click here to view the upcoming events.HFTP has more than 76 local chapters throughout the world. Attend chapter meetings to connect with your local network of HFTP members and share solutions with professionals in your community. Chapters provide tremendous opportunities for education and networking. Find a HFTP chapter and get involved today. MoreHFTP chapters offer several opportunities for involvement and leadership, from officers and committee members to volunteers. Get involved with HFTP at the local level and beyond. MoreHFTP offers chapter leaders chapter specific online webinars through a series of education training webinars. MoreLearn more about HFTP chapters>Find a chapter near you>

We Leave a Lot Stronger, both Professionally and Personally

31 October 2018
The HFTP 2018 Annual Convention finished with a “grand finale” on Friday night, and what a remarkable event — delicious food and a beautifully decorated ballroom filled with some of the best attendees ever. What a great time, and the perfect ending to a fantastic week!

HFTP Holds Another Successful Annual Convention Defined by Quality Education and Networking

30 October 2018
Hospitality Financial and Technology Professionals (HFTP) members and hospitality industry professionals came together for education and networking at the HFTP Annual Convention last week. This year's convention was held from October 24-26, 2018 at the Omni Louisville Hotel in Louisville, Kentucky USA."The Annual Convention is an example of what HFTP does best, relevant knowledge sharing by its network of hospitality finance and technology professionals," said HFTP CEO Frank Wolfe, CAE. "This year captured that formula exceptionally, with an interesting program that brought attendees up-to-date on a variety of topics and exhibitors that demonstrated useful services and products."The event's education schedule offered attendees the opportunity to choose from 42 sessions on trending industry topics including: the evolving club, disaster planning and recovery, leadership, e-commerce, club accounting, ransomware, data security, hotel and club ethics, internal controls, and more. In traditional HFTP fashion, the Annual Convention featured two keynotes and a general session, attendee networking, and the Annual HFTP business meeting. In addition, 25 exhibitors with industry-related products and services were available to speak with the professionals in attendance.In conjunction with the convention, HFTP held its fourth-annual HFTP Helps program raising over $12,000 that week. Money raised will be donated to Louisville-area NAF programs, a national network of education, business and community leaders who work together to ensure high school students are college, career and future ready. Funds were raised through an online auction which offered a variety of items such as hotel stays and golf games. Also, an evening event hosted by the HFTP Greater Louisville Chapter brought in additional funds, with a portion of the entrance fee directed to HFTP Helps.Annual Convention also represents a time for HFTP to recognize outstanding achievement from individuals and HFTP chapters that embody the success of the association. Below were this year's industry-leading award recipients that were selected by a council of industry colleagues and peers.2018 CHTP of the Year: Sean Van Dyke, CHTP, IT manager at the St Julien Hotel and Spa2018 CHAE of the Year: Elijah Spiritoso, CHAE, controller at Frog Commissary2018 Paragon Award: Anna McFarland, CFE, CHAE, CHTP, CPA, finance consultant with Global Hospitality Consulting2018 Technology Hall of Fame: Tammy Farley, co-founder and president of The Rainmaker Group; Jing Zhu, founder and chairperson of the China Hospitality Technology Alliance (CHTA)2018 President's Award: Christopher Begley, CHTP, IT manager at Hotel Nikko San Francisco2018 HFTP Chapters of the Year: HFTP Monterey Chapter (Tier A: 1-35 members); HFTP Florida Manasota Chapter (Tier B: 36-70 members); HFTP Mid-Florida Chapter (Tier C: 71+ members)2018 HFTP Student Chapter of the Year: HFTP San Jose State University Student ChapterThe association's new 2018-2019 HFTP Global Board were installed during the event's HFTP Annual Tribute to Success evening, and Scot Campbell, CHTP assumed his role as the new HFTP Global President. Pictures from the event are now available in an online gallery.Dates are already set for the next two Annual Conventions: in 2019 it is slated for October 23-25 at the Rosen Centre Hotel in Orlando, Florida USA; and in 2020 it is slated for October 14-16 at the Hyatt Regency Minneapolis.

HFTP and IHG Owners Association Sign Partnership Agreement

26 October 2018
Hospitality Financial and Technology Professionals (HFTP) and InterContinental Hotels Group (IHG) Owners Association recently signed a partnership agreement that will closely connect the two groups in building on the professional development opportunities for IHG Owners Association members, as well as expanding the scope of each other's resources."HFTP and IHG Owners Association are both dedicated to promoting hospitality education in a way that will help shape the future of our ever-evolving industry," said HFTP CEO Frank Wolfe, CAE. "The collaboration that comes with this partnership will support the success of both organizations through exchanging ideas and best practices."The two organizations are member-based associations which benefit from their networks' extensive knowledge base to develop and present educational opportunities, best practices and other resources. Through this agreement as allied partners, IHG Owners Association members will be able to draw from HFTP educational programs and resources to expand their member benefits."This new partnership will provide the IHG Owners Association with greater educational resources for our members, and incremental access to new opportunities in the area of hospitality finance and technology. We are looking forward to both organizations taking full advantage of this partnership, and HFTP coming on board as an allied member of the association," says Don Berg, IHG Owners Association CEO.About IHG Owners Association The IHG Owners Association, originally established by Holiday Inn founder Kemmons Wilson in 1955, was the first association of its kind in the hotel industry. It currently represents the interests of 4,500 owners and operators of more than 3,600 InterContinental Hotels Group (IHG) properties in the United States, Africa, Asia Pacific, Canada, the Caribbean, Greater China, Europe, Latin America, Mexico and the Middle East. The Association is a voice for its members and plays an integral role in communicating with IHG leadership on issues related to franchised hotel operations. The IHG family of brands includes Regent Hotels & Resorts, InterContinental Hotels & Resorts, Kimpton Hotels and Restaurants, Hotel Indigo, EVEN Hotels, HUALUXE Hotels and Resorts, Crowne Plaza Hotels and Resorts, voco, Holiday Inn Hotels and Resorts, Holiday Inn Express, avid hotels, Staybridge Suites and Candlewood Suites. For additional information, visit www.owners.org.

Internal Controls and the Important Roles They Play in Eradicating Fraud

25 October 2018
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 Trieber, CPA, CHAE, CFE, CFF, CGMA, HFTP Global past president and director of audit services/support at HEI Hotels and Resorts.

HFTP Purchases Rights to the Uniform System of Accounts for the Lodging Industry (USALI)

25 October 2018
Hospitality Financial and Technology Professionals (HFTP) has purchased the copyright to the Uniform System of Accounts for the Lodging Industry (USALI), a resource the association has been connected to since its origins. Widely used internationally, the primary purpose of the USALI is to offer operating statements formatted to provide hotel owners, managers and other interested parties with operational information pertinent to the lodging industry. The USALI was first published in 1926 and is currently in its 11th edition. The copyright was previously owned by the Hotel Association of New York City. The resource is published by the American Hotel & Lodging Educational Institute, and HFTP has been a continuous sponsor and contributor to the publication.The USALI, 11th revised edition was released in January 2015. Revisions to the USALI are overseen by the Financial Management Committee (FMC) of the American Hotel & Lodging Association (AHLA), a majority of which are HFTP members. Although the revision process will not change, HFTP plans to lean on its resources as an international organization to drive greater global adaptation."HFTP's goal is to be a source on finance and technology for the hospitality industry and owning the rights to the USALI, an essential resource used across the industry, aligns directly with this directive," said HFTP Global President Timothy Nauss, CHAE. "With the new ownership responsibility, HFTP will continue to prioritize the evolution of the guidance within the USALI to reflect the changing nature of the hospitality industry."HFTP's existence is due in large part to the establishment of the USALI, when the Hotel Accountants Association of New York met in 1925 to write and publish the book. From that point, the New York group and other state-centered hotel accounting groups moved to organize a national association. It eventually did in 1952 as the National Association of Hotel Accountants, now known as HFTP."The histories of the USALI and HFTP are intertwined, and I am confident HFTP as steward to the financial resource will maintain the USALI's relevance to the industry," said HFTP CEO Frank Wolfe, CAE.

A Series of Must-Read Articles on Cybersecurity Produced by the HFTP Research Centers

23 October 2018
Data security remains a pressing concern and top priority for the hospitality industry. The HFTP Research Centers are dedicated to producing findings that can significantly aid hospitality businesses in their efforts to protect their guests’ privacy and personal information against potential cyber threats and attacks.

Don't Forget the Three P's to a Successful Convention: Plan, Prepare and Promote

Article by

22 October 2018
HFTP 2018 Annual Convention week is here, and we are excited! Louisville, we will be there soon — all geared up and prepared to meet up with some of the greatest people in hospitality.

Be Prepared: Have an Action Plan for Professional Development

18 October 2018
I am currently making my travel arrangements for Louisville, Kentucky next week, as are the rest of my fellow HFTP 2018 Annual Convention attendees. The process has brought back memories from the 2017 HFTP Annual Convention in Orlando, Florida — where I was a first-time attendee and first-time guest blogger.

HFTP Annual Convention 2018: The Race is on for Attendee Referrals

16 October 2018
Watch as our 2018 HFTP Annual Convention exhibitors compete for the most regsitered attendee referrals for this year's event in Louisville, KY USA. The winning company will be presented with an award at the HFTP Annual Business Meeting on Friday, October 26 at 9:15 a.m. EST. Check back often for updates!Here is what we know:HFTP is exhibiting at the 2018 HFTP Annual Convention in Louisville, KYYour company wants to network, demonstrate your products and services, and have funHere is what HFTP challenges you to do:Refer Annual Convention to people you know (colleagues, customers and prospects)Those people register and select "Hospitality Financial and Technology Professionals" as referring exhibitor during the registration processYour company has a chance to win the Attendee Referral Award, presented at the Annual Convention Business Meeting and be acknowledged in front of all of your peersWe have even made it easy for you by creating this invitation that can be easily customized by your company. Simply send this invitation out to your clients, prospects and industry colleagues, inviting them to the HFTP Annual Convention. The company with the most attendee referrals wins! Attendee referral registrations received between September 27 and October 22, 2018 will count toward the competition. Questions? Contact exhibit@hftp.org. Progress of the competition will be posted on the HFTP website. On your mark, get set, go!Invite Your Customers and Prospects>

Upcoming HFTP Webinars: Fall 2018

16 October 2018
Do not miss the following upcoming HFTP webinars. Click here to visit the HFTP webinar web page, and register for the webinars listed below.November 12, 2018"Artificial Intelligence and Big Data for the Hospitality Industry"What: HFTP online webinarWhen: 9:00 - 10:00 p.m. CST on November 12Who: presented by Kanishka Agiwal, head of IBM's travel and transportation industry for India/South Asia and a member of the IBM Industry AcademyAbout: Artificial Intelligence (AI) is the most important general-purpose technology of this era. It has boundless potential across the travel and hospitality industry, and we are just beginning to see the possibilities that take the guest experience to a whole new level. In this session, understand the different types of data and how the way data is captured is changing; why traditional systems must adapt with these changes; how AI transforms the customer experience; and explore use cases to help you ideate for your own organization.November 13, 2018"Artificial Intelligence and Big Data for the Hospitality Industry"What: HFTP online webinarWhen: 11:00 a.m. - 12:00 p.m. HKT on November 13Who: presented by Kanishka Agiwal, head of IBM's travel and transportation industry for India/South Asia and a member of the IBM Industry AcademyAbout: Artificial Intelligence (AI) is the most important general-purpose technology of this era. It has boundless potential across the travel and hospitality industry, and we are just beginning to see the possibilities that take the guest experience to a whole new level. In this session, understand the different types of data and how the way data is captured is changing; why traditional systems must adapt with these changes; how AI transforms the customer experience; and explore use cases to help you ideate for your own organization."Mapping the Travel Journey of the Chinese Tourist"What: HFTP online webinarWhen: 9:00 PM - 10:00 PM CST on November 13Who: presented by Charlene Ree, managing director at BiddingX -- an award-winning marketing technology platform that uses performance-driven AI algorithms to empower global marketers' advertising in China. She has over 15 years of digital media and advertising experience.About: Chinese tourists account for more than one-fifth of all global tourism spending. A better understanding of the Chinese tourist's travel journey will enable brand marketers to more easily and effectively map out their marketing/advertising direction. This webinar will guide the travel industry professional through this journey, sharing practical strategies and related case studies along the way. Understand the mindset and behaviors of the Chinese tourist; explore the four main stages of their travel journey; and examine strategies to connect across each stage.November 14, 2018"Mapping the Travel Journey of the Chinese Tourist"What: HFTP online webinarWhen: 11:00 AM - 12:00 PM HKT on November 14Who: presented by Charlene Ree, managing director at BiddingX -- an award-winning marketing technology platform that uses performance-driven AI algorithms to empower global marketers' advertising in China. She has over 15 years of digital media and advertising experience.About: Chinese tourists account for more than one-fifth of all global tourism spending. A better understanding of the Chinese tourist's travel journey will enable brand marketers to more easily and effectively map out their marketing/advertising direction. This webinar will guide the travel industry professional through this journey, sharing practical strategies and related case studies along the way. Understand the mindset and behaviors of the Chinese tourist; explore the four main stages of their travel journey; and examine strategies to connect across each stage.Learn More and Register>

HFTP Compensation and Benefits Report: 2018 Data on Hospitality Staffing and Compensation

16 October 2018
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.

HFTP Hong Kong Educational Event: November 9, 2018

16 October 2018
Join HFTP Global for a special hospitality educational event about data security and information security. Speaker Kok-Tin Gan is a partner at PwC's Cyber Security & Privacy practice with over 15 years of experience in IT governance, cyber security strategy and framework, cyber security governance, security management, IT risk, technology architecture and ethical hacking. HFTP CEO Frank Wolfe, CAE will be in attendance. Event Details:When: 9 November 2018 | 19:00 - 21:00 HKTWhere: Kowloon Shangri-La, Hong Kong 64 Mody Road, Kowloon, Hong KongSpeaker: Kok-Tin Gan, Cybersecurity ExpertRSVP HERE *Deadline to RSVP: Tuesday, 6 November 2018.

Download the HFTP Events Mobile App for the 2018 HFTP Annual Convention

3 October 2018
The 2018 Annual Convention app that is now available. Search for "HFTP Events" in the Apple and Google Play stores to download the app now. The 2018 HFTP Annual Convention app is an interactive and informative tool that allows you to organize your convention experience, so you can arrive prepared and ready to go. Connect with attendees and exhibitors through in-app correspondence capabilities. Send a message, request a meeting and share contact information. HFTP Annual Convention is taking place October 24-26, 2018 at the Omni Louisville Hotel in Louisville, Kentucky USA. Register now.Even before you arrive at the 2018 HFTP Annual Convention, the app will serve as your comprehensive guide for information on 2018 HFTP Annual Convention. View the agenda for each day's sessions or search by education track.Arrange your education sessions and save to your agenda for easy reference.Connect with attendees and exhibitors through in-app correspondence capabilities. Send a message, request a meeting and share contact information.Search for exhibitors, hospitality products and solutions, or request a meeting.(Note: HFTP respects the privacy of our attendees. All registered exhibitors and attendees may view the list of participants in the HFTP Events app. Unless you share your contact information directly, all in-app correspondence is done solely in the app.)Download for AppleDownload for Google PlayRegister for HFTP Annual Convention

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